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Hypermarket TrafficInternational ChainsNational ChainsMid-Market FashionPremium Dining & Lifestyle

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Ultra-Luxury PositioningSmall Format RetailBudget Brands

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Grand Majidi Mall is a multi-story shopping center located in Erbil, Iraq. It offers a range of retail, dining, and entertainment options, attracting both locals and visitors. With modern amenities, including ample parking, free Wi-Fi, and a variety of anchor stores, it serves as a key destination for shopping. However, its foot traffic tends to peak during the weekend and holiday seasons, with quieter periods during weekdays.

This mall caters to mid-range shoppers and is positioned in a developing part of the city with growing residential developments around it. The retail space in this mall is diverse, ranging from apparel to electronics, but it lacks high-end luxury brands that might attract a wealthier clientele.

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Hours of Operation

Hours

Checking...
Monday10:00 AM — 12:00 AM
Tuesday10:00 AM — 12:00 AM
Wednesday10:00 AM — 12:00 AM
Thursday10:00 AM — 12:00 AM
Friday10:00 AM — 12:00 AM
Saturday10:00 AM — 12:00 AM
Sunday10:00 AM — 12:00 AM
Holiday Hours

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

Masif Road, Erbil, Iraq

Insights

Retail Space Diversity

The mall offers a wide variety of retail spaces ranging from budget to mid-tier brands, making it suitable for diverse retailers. However, the lack of luxury brands limits its appeal to high-end customers, which may affect some retailers looking to target affluent shoppers.

Foot Traffic Trends

Foot traffic is generally high during weekends and holidays, which could benefit retailers in terms of sales. However, weekdays tend to see lower footfall, meaning retail businesses may experience fluctuations in sales depending on the time of week.

Local Demographics and Growth Potential

The area around Grand Majidi Mall is rapidly developing with new residential properties emerging, suggesting potential long-term growth. Retailers can expect increasing foot traffic as more people settle in the vicinity, though short-term growth may be slower due to the area's ongoing development.

Building Details

Property Type
Super Regional
Gross Leasable Area
109,999
Year Built
2022
Parking Spaces
3200
Average Monthly Footfall
291,667
Owner
Majidi Investment Company
Anchor Tenants
Majidi Hypermarket, LC Waikiki, Defacto, FLO, Madame Coco, Brioni, Ermenegildo Zegna, Coffe Bean & Tea Leaf, English Home, Ipekyol, Puma, Colin's, Mango, Burger King, Fatburger, Levis, Lacoste, Us Polo, Adidas, Home Istanbul, Mi Store, Starbucks, HuQQabaz

Detailed Market Analytics

Primary Catchment Area
10 Kilometers
Secondary Catchment Area
25 Kilometers
Catchment area population
1,200,000 People
Population growth rate
2.5 %
Median age
28 Years
Household size
5.2 People
Education level (tertiary)
22.0 %

Median household income
6,000 USD
Unemployment rate
8.5 %
Cost of living index
65 Index

Retail spending per capita
1,800 USD
Spending on apparel
450 USD
Spending on groceries
700 USD
Spending on electronics
300 USD

Annual foot traffic
3,500,000 Visitors
Dwell time
90 Minutes
Conversion rate
25.0 %
Sales per square meter
2,500 USD

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

Number of Levels
3 Levels
Average rent per square meter
25 USD
Vacancy rate
8.0 %
Lease term flexibility
Moderate
Available retail space
8,800 Square Meters
Gross Leasable Area
109,999 Square meters

Proximity to main roads
0.5 Kilometers
Public transport access
Yes
Parking spaces
3,200 Spaces
Pedestrian traffic
High

E-commerce competition
Moderate
Click-and-collect adoption
20.0 %
Internet penetration
75.0 %

Retail crime rate
Low
Security measures
High

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

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

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