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Premium Dining & LifestyleDesigner BoutiquesInternational ChainsTourist & Duty-FreeSpecialty Retail

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Discount RetailBudget BrandsLarge Footprint Retail

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Argania is a modern, upscale mall located in the heart of Kuwait City. With a mix of high-end retailers, dining options, and entertainment, it provides a sophisticated shopping experience. The mall is known for its elegant architecture, featuring contemporary designs and spacious walkways. Argania offers a variety of events and promotions, making it a go-to destination for both locals and tourists.

Its prime location ensures a steady flow of foot traffic, making it an ideal location for premium retail stores.

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Hours of Operation

Hours

Checking...
Monday10:00 AM — 01:00 AM
Tuesday10:00 AM — 01:00 AM
Wednesday10:00 AM — 01:00 AM
Thursday10:00 AM — 01:00 AM
Friday10:00 AM — 01:00 AM
Saturday10:00 AM — 01:00 AM
Sunday10:00 AM — 01:00 AM
Holiday Hours

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

8WRR+CH3, Kuwait City, Kuwait

Insights

Retailers Seek High-End Foot Traffic

Argania's strategic location in Kuwait City guarantees significant foot traffic from both locals and tourists, creating a prime opportunity for premium retailers to establish a strong presence.

Modern Amenities for a Premium Experience

The mall is equipped with state-of-the-art amenities, including valet parking, luxury lounges, and exclusive concierge services, ensuring that customers have a premium shopping experience.

Engagement with Local and International Brands

Argania continuously attracts both local and international brands, offering a diverse mix of retailers that appeal to high-income consumers, enhancing the mall's appeal and retail diversity.

Building Details

Property Type
Convenience
Gross Leasable Area
2805
Year Built
2017
Parking Spaces
1000
Average Monthly Footfall
166,667
Owner
ALARGAN International Real Estate Company

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
32 Years
Household size
5.2 People
Education level (tertiary)
45.0 %

Median household income
60,000 USD
Unemployment rate
3.5 %
Cost of living index
70 Index

Retail spending per capita
4,500 USD
Spending on apparel
1,200 USD
Spending on groceries
1,500 USD
Spending on electronics
800 USD

Annual foot traffic
2,000,000 Visitors
Dwell time
90 Minutes
Conversion rate
25.0 %
Sales per square meter
5,000 USD

Number of retail stores
17 Stores
Anchor tenant presence
Yes
Competitor density (same category)
3 Malls
Tenant diversity
60.0 %
Unique Concepts
10 Stores

Number of Levels
2 Levels
Average rent per square meter
600 USD
Vacancy rate
8.0 %
Lease term flexibility
Medium
Available retail space
224 SQUARE METERS
Gross Leasable Area
2,805 Square meters

Proximity to main roads
0.5 Kilometers
Public transport access
Yes
Parking spaces
1,000 Spaces
Pedestrian traffic
High

E-commerce competition
High
Click-and-collect adoption
30.0 %
Internet penetration
98.0 %

Retail crime rate
Low
Security measures
High

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

Projected foot traffic growth
3.0 %
New tenant pipeline
5 Stores
Mall expansion plans
No
City Snapshot
Kuwait City

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Top retail destinations across Kuwait.

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City Snapshot
Kuwait City

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