Makani Khalifa City Se 13 Photo Gallery

The catchment area encompasses 150,000 residents with a 3.5 percent population growth rate, median age of 32 years, and average household size of 4.2 people. Tertiary education levels reach 45 percent, supporting a median household income of 120,000 USD and unemployment rate of 2.8 percent. Retail spending per capita totals 6,500 USD annually, distributed as 2,000 USD on groceries, 1,200 USD on apparel, and 800 USD on electronics. Cost of living index is 130, indicating moderate affordability. This profile favors community-focused retail like supermarkets and casual dining, though saturation in basic categories may limit high-end opportunities. Proximity to residential zones drives steady local traffic but limits tourist influx compared to city-center properties.

Khalifa City SE 13 operates in a suburban market with 10 competitors in similar categories within proximity, including larger anchors in central Abu Dhabi malls drawing higher footfall. While vacancy remains low at 5 percent, moderate tenant turnover reflects challenges in retaining big names amid rising e-commerce adoption at 40 percent click-and-collect rate. Market reports note Abu Dhabi retail rents rising 10.7 percent yearly, pressuring peripheral centers like this one with lower 600 USD per square meter rates. Strengths include medium pedestrian traffic and high road visibility, but drawbacks encompass unachieved footfall projections due to nearby prominent malls and no expansion plans, potentially capping sales at 5,000 USD per square meter. Risks involve market saturation in groceries and apparel, advising diversified tenant mix to mitigate.

Average rent is 600 USD per square meter with 79 square meters available, offering flexible terms for independent retailers and a pipeline of 5 new tenants. Occupancy at 95 percent indicates stability, bolstered by 12 annual promotional events and 22 percent conversion rate. Accessibility features moderate public transport and 50 parking spaces, suitable for local shoppers. However, aging infrastructure is not an issue given the 2021 build, but operational risks include competition from central malls and e-commerce, contributing to moderate turnover. Broader Abu Dhabi trends show 9-15 percent rent surges in prime locations, highlighting this propertys value for cost-conscious lessees while noting potential access issues in peak hours and weak high-end category performance due to demographic focus on essentials.