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Brand Fit Snapshot

Best for:

High-End Flagship StoresDesigner BoutiquesPremium Dining & LifestyleInternational ChainsTourist & Duty-Free

Not ideal if:

Discount RetailValue PositioningBudget Brands

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Crystal Mall 1, located in the heart of Kuwait City, is one of the most well-established retail destinations in the region. With a mix of high-end fashion outlets, local boutiques, and international brands, it attracts a steady stream of foot traffic throughout the year.

The mall features a variety of dining options, entertainment spaces, and a spacious parking area, making it convenient for shoppers. However, it is facing increased competition from newer, larger malls in the vicinity that offer modern facilities and more diverse retail options. The foot traffic, while steady, has seen slight declines as some retailers move to these newer malls, offering more innovative experiences.

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Hours of Operation

Hours

Checking...
Monday07:30 AM — 09:00 PM
Tuesday07:30 AM — 09:00 PM
Wednesday07:30 AM — 09:00 PM
Thursday07:30 AM — 09:00 PM
Friday04:00 PM — 09:00 PM
Saturday07:30 AM — 09:00 PM
Sunday07:30 AM — 09:00 PM
Holiday Hours

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

38B 18 Street, Kuwait City, Kuwait

Insights

Competition with New Malls

Crystal Mall 1 faces stiff competition from newer malls offering modern features and a wider variety of stores, which could impact tenant retention and foot traffic in the long term.

Foot Traffic Trends

Although the mall enjoys steady foot traffic, it has experienced a slight decline in recent years as more customers are drawn to larger, newer shopping centers in the area. This trend may continue as competitors ramp up their offerings.

Opportunities for Retailers

Crystal Mall 1 remains a popular destination for loyal customers, with opportunities for niche retailers who cater to the existing demographics. Its prime location in Kuwait City makes it an attractive option for retailers seeking stable, mid-range foot traffic.

Building Details

Property Type
Convenience
Gross Leasable Area
2244
Year Built
2011
Parking Spaces
1200
Average Monthly Footfall
250,000
Owner
Mudon Real Estate

Detailed Market Analytics

Primary Catchment Area
5 Kilometers
Secondary Catchment Area
15 Kilometers
Catchment area population
500,000 People
Population growth rate
2.3 %
Median age
29 Years
Household size
5.2 People
Education level (tertiary)
45.0 %

Median household income
24,445 USD
Unemployment rate
2.5 %
Cost of living index
70 Index

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

Annual foot traffic
3,000,000 Visitors
Dwell time
90 Minutes
Conversion rate
25.0 %
Sales per square meter
5,000 USD

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

Number of Levels
3 Levels
Average rent per square meter
50 USD
Vacancy rate
7.0 %
Lease term flexibility
Medium
Available retail space
157 SQUARE METERS
Gross Leasable Area
2,244 Square meters

Proximity to main roads
0.5 Kilometers
Public transport access
Yes
Parking spaces
1,200 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
12 Events
Loyalty program penetration
40.0 %
Digital signage presence
Yes

Projected foot traffic growth
5.0 %
New tenant pipeline
6 Stores
Mall expansion plans
No
City Snapshot
Kuwait City

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Kuwait City

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