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Al Majidi Residential And Commercial Center is located in Medina, offering a mix of residential and commercial spaces. The mall caters to a variety of tenants, from retail stores to restaurants and service providers. The design is modern, with ample parking and convenient access to public transportation. It serves both the local population and visitors, making it a strategic location for businesses targeting both residents and tourists.

The center is known for its vibrant community atmosphere, with family-friendly amenities, including a play area, and a central location that attracts a high footfall. The center is also surrounded by other key commercial properties, enhancing its overall appeal to tenants looking to be part of a busy retail environment.

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Hours of Operation

Hours

Checking...
Monday06:00 AM — 12:00 AM
Tuesday06:00 AM — 12:00 AM
Wednesday06:00 AM — 12:00 AM
Thursday06:00 AM — 12:00 AM
Friday06:00 AM — 12:00 AM
Saturday06:00 AM — 12:00 AM
Sunday06:00 AM — 12:00 AM
Holiday Hours

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

ممر مشاة, Medina, Saudi Arabia

Insights

Tenant Mix

The diverse tenant mix, including food courts, fashion outlets, and essential services, ensures constant foot traffic and a broad customer base, making it an attractive location for new businesses.

Accessibility

With easy access to public transportation and major roads, the center offers great connectivity, making it an ideal spot for customers and retailers seeking high visibility and foot traffic.

Commercial Growth Potential

The mall is situated in an area experiencing rapid commercial growth, offering long-term opportunities for retailers looking to expand and benefit from a growing economy.

Building Details

Property Type
Neighborhood
Gross Leasable Area
5936
Year Built
1999
Parking Spaces
205
Average Monthly Footfall
333,333
Owner
Alaqeeq Real Estate Development
Anchor Tenants
Bin Dawood Hypermarket, Dates Market

Detailed Market Analytics

Primary Catchment Area
5 Kilometers
Secondary Catchment Area
15 Kilometers
Catchment area population
500,000 People
Population growth rate
2.5 %
Median age
30 Years
Household size
5.2 People
Education level (tertiary)
35.0 %

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

Retail spending per capita
12,000 SAR
Spending on apparel
2,500 SAR
Spending on groceries
3,800 SAR
Spending on electronics
1,800 SAR

Annual foot traffic
4,000,000 Visitors
Dwell time
90 Minutes
Conversion rate
25.0 %
Sales per square meter
15,000 SAR

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

Number of Levels
4 Levels
Average rent per square meter
2,500 SAR
Vacancy rate
8.0 %
Lease term flexibility
Medium
Available retail space
475 SQUARE METERS
Gross Leasable Area
5,936 Square meters

Proximity to main roads
0.5 Kilometers
Public transport access
Yes
Parking spaces
205 Spaces
Pedestrian traffic
High

E-commerce competition
High
Click-and-collect adoption
30.0 %
Internet penetration
98.6 %

Retail crime rate
Low
Security measures
High

Promotional events
12 Events
Loyalty program penetration
40.0 %
Digital signage presence
Yes

Projected foot traffic growth
5.0 %
New tenant pipeline
6 Stores
Mall expansion plans
No
City Snapshot
Medina

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Top retail destinations across Saudi Arabia.

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Medina

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