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Al Hokair Time Corniche Khobar is a prominent retail destination in the city of Al Khobar, Saudi Arabia, offering approximately 45,000 square meters of gross leasable area. The mall hosts over 150 retail outlets spanning fashion, electronics, dining, and entertainment, serving a diverse customer base that includes local residents, expatriates, and tourists visiting the Eastern Province. Positioned along the scenic Corniche waterfront, the mall benefits from high foot traffic and strategic visibility.

The retail mix focuses on mid to premium brands with several anchor tenants including international fashion retailers and a large hypermarket.

The mall features ample parking with over 2,000 spaces and provides family-friendly amenities including play areas and multiple food courts. Its location in a growing urban area with rising disposable incomes ensures steady demand for retail space, but competition from newer developments nearby necessitates competitive leasing terms and strong tenant support to maximize retailer success.

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Hours of Operation

Hours

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Monday10:00 AM — 09:00 PM
Tuesday10:00 AM — 09:00 PM
Wednesday10:00 AM — 09:00 PM
Thursday10:00 AM — 09:00 PM
Friday10:00 AM — 10:00 PM
Saturday10:00 AM — 10:00 PM
Sunday11:00 AM — 06:00 PM
Holiday Hours

Hours may vary on public holidays. Check with individual stores for specific holiday schedules.

76VC+H5V, Al Khobar, Saudi Arabia

Insights

Gross Leasable Area

The mall offers around 45,000 sqm of leasable retail space distributed over three levels, providing a balanced mix of anchor stores and specialty shops that attract consistent customer flow throughout the week, ensuring tenant sales stability and footfall diversity across sectors.

Foot Traffic and Demographics

Average daily foot traffic ranges between 15,000 to 20,000 visitors with peak periods during weekends and holidays; the customer demographic skews towards families and middle to upper-middle income shoppers, with a significant portion of expatriates contributing to diverse spending patterns.

Competitive Landscape

Al Hokair Time Corniche faces competition from other established malls in Al Khobar such as Al Rashid Mall and Al Othaim Mall, as well as emerging mixed-use developments; thus, leasing strategies must consider flexible terms and tenant mix optimization to retain high occupancy and maintain rental yields in a competitive market.

Building Details

Property Type
Entertainment
Gross Leasable Area
50,000
Year Built
2018
Parking Spaces
1500
Average Monthly Footfall
416,667

Detailed Market Analytics

Primary Catchment Area
10 km
Secondary Catchment Area
25 km
Catchment area population
750,000 People
Population growth rate
2.5 %
Median age
32 Years
Household size
5.2 People
Education level (tertiary)
45.0 %

Median household income
96,000 SAR per year
Unemployment rate
6.5 %
Cost of living index
65 Index

Retail spending per capita
18,000 SAR per year
Spending on apparel
3,600 SAR per year
Spending on groceries
4,800 SAR per year
Spending on electronics
2,400 SAR per year

Annual foot traffic
5,000,000 Visitors
Dwell time
90 Minutes
Conversion rate
30.0 %
Sales per square meter
15,000 SAR

Number of retail stores
120 Stores
Anchor tenant presence
Yes
Competitor density (same category)
3 Malls
Tenant diversity
70.0 %
Unique Concepts
15.0 %

Gross Leasable Area
50,000 Square meters
Number of Levels
2 Levels
Average rent per square meter
2,500 SAR per year
Vacancy rate
8.0 %
Lease term flexibility
Moderate
Available retail space
4,000 Square meters

Proximity to main roads
0.5 km
Public transport access
Yes
Parking spaces
1,500 Spaces
Pedestrian traffic
High

E-commerce competition
Moderate
Click-and-collect adoption
40.0 %
Internet penetration
98.0 %

Retail crime rate
Low
Security measures
High

Promotional events
20 Events per year
Loyalty program penetration
35.0 %
Digital signage presence
Yes

Projected foot traffic growth
3.0 %
New tenant pipeline
10 Tenants
Mall expansion plans
No
City Snapshot
Al Khobar

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Top retail destinations across Saudi Arabia.

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City Snapshot
Al Khobar

Comprehensive market intelligence for retail expansion in this city

Market DataDemographicsTenant Mix
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