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Brand Fit Snapshot

Best for:

International ChainsNational ChainsFast FashionFamily EntertainmentCinema & Leisure

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Ultra-Luxury PositioningSmall Format RetailBudget Brands

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Basra Times Square is a prominent shopping and entertainment destination in Al Basrah, Iraq, offering a modern retail experience in a city with limited high-quality commercial infrastructure.

The mall features a mix of international and regional brands, a multiplex cinema, dining options, and family-friendly entertainment facilities. Its strategic location on a main arterial road and proximity to affluent residential neighborhoods make it accessible to a growing middle-class customer base. However, it faces challenges from ongoing economic and political instability, which can affect consumer spending and tenant sustainability.

Parking and access are adequate compared to older centers in the city, but footfall patterns remain uneven throughout the week, with peak activity concentrated during weekends and holidays.

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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
Friday10:00 AM — 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.

Dinar Street, Al Basrah, Iraq

Insights

Strength: Modern Infrastructure

Basra Times Square offers one of the most modern retail environments in the region, with up-to-date facilities, good air conditioning, and design standards that meet international expectations. This positions it as a desirable location for brands looking for a professional presentation.

Risk: Market Volatility

Basrah’s economic and political environment is volatile, which can depress discretionary spending and increase operational risk. Retailers should budget conservatively and consider flexible lease terms to mitigate potential downturns.

Opportunity: Limited Competition

The mall benefits from relatively limited competition in its category within Basrah, providing an opportunity to capture market share among higher-income shoppers seeking a premium experience not available in smaller, older shopping centers.

Building Details

Property Type
Community
Gross Leasable Area
60,000
Year Built
2015
Parking Spaces
2000
Average Monthly Footfall
416,667
Owner
Al Dayer United Group
Anchor Tenants
LC Waikiki, City Rose, DeFacto, Joeil Fashion, Chili House, Happy Land

Detailed Market Analytics

Primary Catchment Area
15 km
Secondary Catchment Area
30 km
Catchment area population
1,200,000 People
Population growth rate
2.5 %
Median age
28 Years
Household size
5.2 People
Education level (tertiary)
15.0 %

Median household income
6,000 USD per year
Unemployment rate
10.0 %
Cost of living index
65 Index

Retail spending per capita
1,200 USD per year
Spending on apparel
300 USD per year
Spending on groceries
600 USD per year
Spending on electronics
150 USD per year

Annual foot traffic
5,000,000 Visitors
Dwell time
90 Minutes
Conversion rate
25.0 %
Sales per square meter
2,500 USD per year

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

Gross Leasable Area
60,000 Square meters
Number of Levels
4 Levels
Average rent per square meter
25 USD per month
Vacancy rate
8.0 %
Lease term flexibility
Medium
Available retail space
4,800 Square meters

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

E-commerce competition
Moderate
Click-and-collect adoption
20.0 %
Internet penetration
70.0 %

Retail crime rate
Low
Security measures
High

Promotional events
12 Events per year
Loyalty program penetration
30.0 %
Digital signage presence
Yes

Projected foot traffic growth
5.0 %
New tenant pipeline
15 Stores
Mall expansion plans
No
City Snapshot
Al Basrah

Comprehensive market intelligence for retail expansion in this city

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Top retail destinations across Iraq.

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City Snapshot
Al Basrah

Comprehensive market intelligence for retail expansion in this city

Market DataDemographicsTenant Mix
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Brands Wanted · 5,400 SF

1–1.5 year lease, below market rent, 2nd-generation, fully operational, cosmetic build-out only — move-in ready

At Market Street – The Woodlands, TX, USA

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