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Brand Fit Snapshot

Best for:

International ChainsPremium Dining & LifestyleFamily EntertainmentTourist & Duty-FreeHigh-End Flagship Stores

Not ideal if:

Budget BrandsHyper-Local Concepts

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Almas Village is a premier shopping destination located in the heart of Dubai. The mall offers a unique mix of retail, dining, and entertainment experiences. With a Gross Leasable Area (GLA) of 300,000 square feet, the mall features over 120 stores including high-end brands, lifestyle stores, and family-friendly entertainment options. The mall caters to both residents and tourists, providing a vibrant, modern shopping experience.

Located near the Dubai Marina, it enjoys high foot traffic, especially during peak tourist seasons. The mall is easily accessible by both public and private transport, with ample parking and close proximity to luxury hotels and high-end residential areas. It’s also a sought-after destination for both local and international brands, offering opportunities for both retail leasing and pop-up stores.

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Hours of Operation

Hours

Checking...
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.

–, Dubai, United Arab Emirates

Insights

Foot Traffic

The foot traffic at Almas Village is consistently high, especially on weekends and during the tourist season. With its prime location near Dubai Marina, it benefits from an influx of both local shoppers and international visitors, ensuring strong consumer engagement and sales potential for tenants.

Demographic Appeal

Almas Village attracts a diverse demographic, including high-net-worth individuals, residents of the Dubai Marina, and international tourists. The surrounding area is known for its upscale properties, which boosts the purchasing power of visitors to the mall. Additionally, the mall's variety of luxury and lifestyle stores ensures it caters to affluent customers and families alike.

Retail Leasing Opportunities

Almas Village offers various leasing opportunities ranging from prime retail spaces to smaller units suitable for pop-up stores. The mall's positioning in a high-traffic area and its strong brand portfolio make it an attractive location for both new and established retailers looking to expand in Dubai. The flexible leasing terms allow businesses to scale according to demand, with opportunities for both long-term and short-term leasing contracts.

Building Details

Property Type
Community
Gross Leasable Area
12,500
Year Built
2023
Parking Spaces
2000
Average Monthly Footfall
666,667
Owner
DMCC

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
34 Years
Household size
3.8 People
Education level (tertiary)
45.0 %

Median household income
85,000 USD
Unemployment rate
3.2 %
Cost of living index
120 Index

Retail spending per capita
6,500 USD
Spending on apparel
1,200 USD
Spending on groceries
2,000 USD
Spending on electronics
800 USD

Annual foot traffic
8,000,000 Visitors
Dwell time
90 Minutes
Conversion rate
25.0 %
Sales per square meter
5,500 USD

Number of retail stores
70 Stores
Anchor tenant presence
Yes
Competitor density (same category)
10.0 %
Tenant diversity
70.0 %
Unique Concepts
15.0 %

Number of Levels
2 Levels
Average rent per square meter
1,200 USD
Vacancy rate
5.0 %
Lease term flexibility
High
Available retail space
625 SQUARE METERS
Gross Leasable Area
12,500 Square meters

Proximity to main roads
0.5 Kilometers
Public transport access
Yes
Parking spaces
2,000 Spaces
Pedestrian traffic
High

E-commerce competition
Moderate
Click-and-collect adoption
30.0 %
Internet penetration
95.0 %

Retail crime rate
0.8 Incidents per 1,000 Visitors
Security measures
High

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

Projected foot traffic growth
3.0 %
New tenant pipeline
10 Stores
Mall expansion plans
Yes
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