Al Khor Mall Photo Gallery

Trade area population totals 194,068 with 2.5% annual growth, characterized by a youthful profile: 35% under 25 years, 50% aged 25-54, median age 32, average household size 3.8 persons, and median household income of 120,000 QAR/year. Education level reaches 45% tertiary, supporting mid-market retail. Accessibility includes proximity to Route 1 highway, 1,500 parking spaces, and moderate public transport, enhancing draw for local families and expatriate workers, though expatriate turnover introduces variability in long-term consumer patterns.

The mall hosts over 100 outlets with high tenant diversity, focusing on value-oriented essentials like groceries and casual apparel, featuring anchors such as Lulu Hypermarket and entertainment options like Fun Ville and Cineco3. Annual footfall of 2 million yields 90-120 minute dwell times and 25% conversion, sustained by oil and gas sector influx, with projected 5% growth. Balanced mix promotes everyday shopping but reveals gaps in luxury and specialty categories, potentially limiting sales for high-end tenants amid seasonal industry cycles.

Occupancy stabilizes at 85% with 5% vacancy, reflecting demand exceeding supply in this constrained northern market. Rents average 2,500 QAR/sqm/year (prime 300-400 QAR/sqm/month) with flexible structures tied to sales. Low local competitor density (3 malls) bolsters position, yet Doha competition and 20% e-commerce penetration pressure premium rents. Risks stem from energy sector fluctuations affecting footfall and high anchor reliance exposing smaller tenants; modern operations and 99% internet penetration aid digital integration but do not fully mitigate economic volatility.