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Daily Essentials & GroceryInternational ChainsPremium Dining & LifestyleFamily EntertainmentSpecialty Retail

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Discount RetailBudget BrandsSmall Format Retail

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Al Waha Plaza is a premier retail and entertainment destination located in Riyadh.

The mall spans multiple levels with a diverse mix of stores, including high-end fashion, electronics, and food courts. It is known for its family-friendly atmosphere, with large open spaces, modern facilities, and a variety of services such as valet parking and free Wi-Fi. It is strategically located to serve both local residents and visitors, with easy access from major roads. The mall is also close to several residential and commercial areas, enhancing foot traffic and exposure.

The retail space is designed to cater to a wide range of retailers, offering a mix of local and international brands.

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Hours of Operation

Hours

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Monday10:00 AM — 11:00 PM
Tuesday10:00 AM — 11:00 PM
Wednesday10:00 AM — 11:00 PM
Thursday10:00 AM — 11:00 PM
Friday02:00 PM — 11:00 PM
Saturday10:00 AM — 11:00 PM
Sunday10:00 AM — 11:00 PM
Holiday Hours

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

6474 3530 Uqbah Ibn Nafai Rd, Riyadh, Saudi Arabia

Insights

Foot Traffic Volume

Al Waha Plaza experiences high foot traffic due to its prime location in a residential and commercial area. The mall attracts thousands of shoppers daily, with peak hours during weekends and holidays. The strategic placement near residential developments ensures steady traffic throughout the week.

Tenant Mix

The tenant mix at Al Waha Plaza is diverse, with a strong focus on high-end fashion, lifestyle, and technology retailers. This mix is complemented by a range of dining options, making it appealing to both shoppers and food enthusiasts. The mall also hosts pop-up events to engage visitors and promote new brands.

Competition and Market Position

The mall's main competitors include other high-profile retail centers in Riyadh, such as Panorama Mall and Kingdom Centre. However, Al Waha Plaza differentiates itself with its family-oriented environment and a diverse mix of retail and entertainment offerings. The competition keeps foot traffic strong while pushing the mall to improve its offerings continuously.

Building Details

Property Type
Neighborhood
Gross Leasable Area
8380
Year Built
2017
Parking Spaces
1500
Average Monthly Footfall
500,000
Owner
Unified Real Estate Development
Anchor Tenants
Danube Supermarket

Detailed Market Analytics

Primary Catchment Area
5 Kilometers
Secondary Catchment Area
15 Kilometers
Catchment area population
800,000 People
Population growth rate
2.5 %
Median age
30 Years
Household size
5.2 People
Education level (tertiary)
35.0 %

Median household income
72,000 SAR
Unemployment rate
7.4 %
Cost of living index
65 Index

Retail spending per capita
15,000 SAR
Spending on apparel
3,000 SAR
Spending on groceries
4,500 SAR
Spending on electronics
2,000 SAR

Annual foot traffic
6,000,000 Visitors
Dwell time
90 Minutes
Conversion rate
25.0 %
Sales per square meter
12,000 SAR

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

Number of Levels
1 Levels
Average rent per square meter
2,500 SAR
Vacancy rate
5.0 %
Lease term flexibility
Medium
Available retail space
419 SQUARE METERS
Gross Leasable Area
8,380 Square meters

Proximity to main roads
0.5 Kilometers
Public transport access
Yes
Parking spaces
1,500 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
20 Events
Loyalty program penetration
40.0 %
Digital signage presence
Yes

Projected foot traffic growth
5.0 %
New tenant pipeline
8 Tenants
Mall expansion plans
No
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Riyadh

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Top retail destinations across Saudi Arabia.

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