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Hypermarket TrafficDaily Essentials & GroceryNational ChainsFast FashionCinema & Leisure

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Ultra-Luxury Positioning

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Al Maqtaa Mall, a 25,000 sqm retail center in Abu Dhabi Gate City along Corniche Road West, Al Maqta, opened in 2018. It targets community shopping in a residential-logistics area near the airport. Anchors: AFCOOP Hypermarket, UFC Gym.

Tenant mix: 150+ stores with 40% F&B, 30% apparel (Zara, H&M), cinema, entertainment. Occupancy: 92%. Footfall: 1.2M annually, 2,700 daily, 15-20% transient. Rents: AED 100-150/sq ft + 8-10% turnover, 20-30% below average. Demographics: 250K within 5km (7.5% growth), 35% Emirati, 65% expats, median income AED 20K-30K, age 33.

Accessibility: E12 highway, buses, 1,000 parking. Position: mid-tier for value retail. Advantages: flexible leases (3-5 yrs), events, amenities. Drawbacks: competition from larger malls, summer dips (25%), construction disruptions, oil-dependent economy risks (10-15% spending drop), category weaknesses (electronics). Operational: modern but medium quality, 95% uptime.

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Hours of Operation

Hours

Checking...
Monday08:00 AM — 12:00 AM
Tuesday08:00 AM — 12:00 AM
Wednesday08:00 AM — 12:00 AM
Thursday08:00 AM — 12:00 AM
Friday08:00 AM — 12:00 AM
Saturday08:00 AM — 12:00 AM
Sunday08:00 AM — 12:00 AM
Holiday Hours

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

60, Hamad Mohamed Thani Al Rumaithi Street, Abu Dhabi, United Arab Emirates

Insights

Demographics and Market Factors

The Al Maqta area has 250,000 residents within 5 km, growing at 7.5% annually, with a diverse population of 35% Emiratis and 65% expatriates from South Asia and Europe. Median household income ranges from AED 20,000 to 30,000, supporting value-oriented retail. Average age is 33 years, household size 4.5, with middle-income families driving 55% of spending on essentials and leisure. Airport proximity adds 15-20% transient footfall, but economic ties to oil sector pose risks of 10-15% spending reduction during global downturns. Population growth of 4% in Abu Dhabi bolsters long-term demand.

Competition and Tenant Mix

Faces competition from central Abu Dhabi Mall (high tourist draw) and entertainment-focused Yas Mall, where prime rents are 30-50% higher. Local saturation in F&B and apparel, but opportunities in health/wellness. Tenant mix includes strong anchors and diverse brands, but weak electronics sales highlight need for alignment. 92% occupancy reflects stable demand, yet 5-10% vacancy risk if categories mismatch. Mid-tier positioning differentiates from premium centers, aiding smaller retailers.

Lease Terms and Operational Quality

Offers 3-5 year flexible terms at base rents AED 100-150/sq ft plus 8-10% turnover, lower than city averages by 20-30%, with marketing via weekly events and festivals. Operational features: free Wi-Fi, co-working, contactless payments, modern HVAC with 95% uptime, 1,000 parking spaces. Challenges include seasonal 25% footfall drop in summer, potential congestion from highway expansions, and aging utilities risking minor disruptions. High accessibility via E12 and public transport supports performance.

Building Details

Property Type
Neighborhood
Gross Leasable Area
18,000
Year Built
2018
Parking Spaces
500
Average Monthly Footfall
100,000
Owner
Armed Forces Cooperative Society
Anchor Tenants
AFCOOP Hypermarket, UFC Gym

Detailed Market Analytics

Primary Catchment Area
5 km
Secondary Catchment Area
20 km
Catchment area population
250,000 People
Population growth rate
7.5 %
Median age
33 Years
Household size
4.5 People
Education level (tertiary)
55.0 %

Median household income
381,600 AED
Unemployment rate
2.13 %
Cost of living index
75 Index

Retail spending per capita
15,000 AED
Spending on apparel
3,500 AED
Spending on groceries
5,000 AED
Spending on electronics
2,500 AED

Annual foot traffic
1,200,000 Visitors
Dwell time
60 Minutes
Conversion rate
20.0 %
Sales per square meter
6,000 USD

Number of retail stores
50 Stores
Anchor tenant presence
Yes
Competitor density (same category)
Low
Tenant diversity
High
Unique Concepts
Yes

Gross Leasable Area
18,000 sqm
Number of Levels
2 Levels
Average rent per square meter
1,200 USD
Vacancy rate
5.0 %
Lease term flexibility
Medium
Available retail space
2,000 sqm

Proximity to main roads
High
Public transport access
Limited
Parking spaces
500 Spaces
Pedestrian traffic
Moderate

E-commerce competition
High
Click-and-collect adoption
High
Internet penetration
99.0 %

Retail crime rate
Low
Security measures
Advanced

Promotional events
Frequent
Loyalty program penetration
70.0 %
Digital signage presence
Yes

Projected foot traffic growth
5.0 %
New tenant pipeline
Yes
Mall expansion plans
Planned
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