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Brand Fit Snapshot

Best for:

Specialty RetailMid-Market FashionQuick-Service DiningLocal ServicesInternational Chains

Not ideal if:

Large Footprint RetailHyper-Local ConceptsUltra-Luxury Positioning

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First Mall, located in Salmiya, is a prominent shopping center catering to both high-end and mid-range retailers. It features a diverse range of stores, including fashion outlets, dining establishments, and entertainment options. With a prime location and robust foot traffic, First Mall offers a well-balanced retail mix that can attract a broad customer base. However, its positioning in a competitive area may challenge new entrants looking for differentiation.

The mall is known for hosting exclusive events that enhance its appeal, especially during seasonal peaks. Despite this, rental rates are on the higher end, and long-term lease commitments may not be ideal for new or small businesses seeking flexibility.

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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.

Salem Al Mubarak Street, Salmiya, Kuwait

Insights

Location Strength

The mall benefits from a prime location in Salmiya, which sees consistent foot traffic from both locals and tourists. This can drive high exposure for retailers, especially those targeting middle to high-income consumers.

Retail Mix

The mall's retail mix includes a wide range of fashion brands, dining options, and entertainment venues, which should appeal to a diverse customer base. This balance is beneficial for drawing in varied demographics.

Cost Considerations

While the mall's location and amenities are appealing, its rental rates can be relatively high compared to other malls in the region. Retailers with limited budgets may find it difficult to sustain high monthly payments, especially if the location does not yield expected sales growth.

Building Details

Property Type
Neighborhood
Gross Leasable Area
7035
Year Built
2023
Parking Spaces
1500
Average Monthly Footfall
208,333
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
33 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
3,500 USD
Spending on apparel
800 USD
Spending on groceries
1,200 USD
Spending on electronics
600 USD

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

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

Number of Levels
4 Levels
Average rent per square meter
50 USD
Vacancy rate
7.0 %
Lease term flexibility
Medium
Available retail space
492 SQUARE METERS
Gross Leasable Area
7,035 Square meters

Proximity to main roads
0.5 Kilometers
Public transport access
Yes
Parking spaces
1,500 Spaces
Pedestrian traffic
High

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

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
10 Stores
Mall expansion plans
No
City Snapshot
Salmiya

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Top retail destinations across Kuwait.

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City Snapshot
Salmiya

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