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Brand Fit Snapshot

Best for:

Designer BoutiquesPremium Dining & LifestyleHigh-End Flagship StoresLuxury Fashion HousesMixed-Use & Office Traffic

Not ideal if:

Budget BrandsMass Market

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Arraya Commercial Centre, located in the heart of Kuwait City, is a premium shopping and business center with an emphasis on luxury retail and high-end dining. The mall boasts a modern architectural design and features a diverse mix of tenants, ranging from international brands to local retailers. It offers a variety of services, including ample parking space, VIP lounges, and a fitness center. The strategic location in a bustling commercial district contributes to high foot traffic, making it an attractive choice for retailers.

However, the high rental prices, especially for prime spaces, may not be suitable for all businesses, particularly those on tighter budgets. The competition from nearby malls and the premium nature of the center may also limit the audience for retailers offering mid-range products. Furthermore, the mall's exclusivity may make it challenging for smaller, emerging brands to enter.

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Hours of Operation

Hours

Checking...
Monday10:00 AM — 10:00 PM
Tuesday10:00 AM — 10:00 PM
Wednesday10:00 AM — 10:00 PM
Thursday10:00 AM — 10:00 PM
Friday10:00 AM — 10:00 PM
Saturday10:00 AM — 10:00 PM
Sunday10:00 AM — 10:00 PM
Holiday Hours

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

9XCH+JJH, Kuwait City, Kuwait

Insights

Tenant Mix

The tenant mix is heavily skewed towards high-end international brands, which could limit opportunities for local or budget-friendly retailers. This focus on luxury may make it challenging for businesses targeting mass-market customers to thrive.

Foot Traffic

The location in a busy commercial area ensures high foot traffic, providing good exposure for retailers. However, heavy competition in the area could mean that foot traffic does not always translate into increased sales for every tenant.

Rental Costs

While the location and prestige of the mall make it attractive, the rental prices are notably high, especially in prime retail areas. Smaller retailers or those with limited budgets may find these costs prohibitive.

Building Details

Property Type
Community
Gross Leasable Area
7209
Year Built
2003
Parking Spaces
1400
Average Monthly Footfall
250,000
Owner
Salhia Real Estate Co.
Anchor Tenants
Home Selection, Arabica, Missoni, Corneliani

Detailed Market Analytics

Primary Catchment Area
10 km
Secondary Catchment Area
20 km
Catchment area population
500,000 People
Population growth rate
2.3 %
Median age
33 Years
Household size
5.2 People
Education level (tertiary)
35.0 %

Median household income
24,445 USD
Unemployment rate
2.5 %
Cost of living index
70 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
3,000,000 Visitors
Dwell time
90 Minutes
Conversion rate
25.0 %
Sales per square meter
8,000 USD

Number of retail stores
68 Stores
Anchor tenant presence
Yes
Competitor density (same category)
5 Malls
Tenant diversity
80.0 %
Unique Concepts
10 Stores

Number of Levels
3 Levels
Average rent per square meter
1,200 USD
Vacancy rate
5.0 %
Lease term flexibility
Moderate
Available retail space
360 SQUARE METERS
Gross Leasable Area
7,209 Square meters

Proximity to main roads
0.5 km
Public transport access
Yes
Parking spaces
1,400 Spaces
Pedestrian traffic
High

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

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
City Snapshot
Kuwait City

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Kuwait City

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