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Best for:

International ChainsNational ChainsFast FashionDepartment Store AnchorsFamily Entertainment

Not ideal if:

Ultra-Luxury PositioningSmall Format RetailHyper-Local Concepts

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The Mall of Oman is one of the largest retail developments in Muscat, situated in the heart of the city's growing retail sector. This modern mall offers a broad range of high-end retailers, leisure facilities, and dining options. The project spans 135,000 square meters of Gross Leasable Area (GLA) and features over 300 retail stores. Located strategically within a rapidly expanding commercial district, it provides excellent accessibility via multiple transportation links.

While its design is contemporary, with ample parking and high foot traffic, some areas have been criticized for their premium rental rates, which could be challenging for small businesses looking for cost-effective options. Additionally, the mall's occupancy rate is strong, which means less flexibility in negotiating favorable lease terms for new tenants. For retailers looking for high visibility and a prestigious address, the Mall of Oman can be a great choice, but smaller or budget-conscious retailers may find it hard to justify the costs.

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Hours of Operation

Hours

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Monday10:00 AM — 10:00 PM
Tuesday10:00 AM — 10:00 PM
Wednesday10:00 AM — 10:00 PM
Thursday10:00 AM — 12:00 AM
Friday10:00 AM — 12:00 AM
Saturday10:00 AM — 10:00 PM
Sunday10:00 AM — 10:00 PM
Holiday Hours

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

Bawshar Street, Muscat, Oman

Insights

Foot Traffic

Mall of Oman experiences consistent foot traffic due to its central location and diverse tenant mix, but footfall can be slower during non-peak hours, making it crucial to assess your target audience.

Rental Rates

The premium rental rates in the Mall of Oman are reflective of its prime location and large-scale appeal, making it an excellent choice for high-end retailers but potentially a financial strain for smaller businesses.

Retail Mix

With a mix of international brands and local stores, the mall caters to a variety of demographics. However, new tenants may struggle to stand out in a crowded marketplace, especially during peak seasons when high-profile brands dominate the space.

Building Details

Property Type
Super Regional
Gross Leasable Area
145,850
Year Built
2021
Parking Spaces
5400
Average Monthly Footfall
666,667
Owner
Majid Al Futtaim Properties
Anchor Tenants
Carrefour, Snow Park, VOX Cinemas, Magic Planet, Zara

Detailed Market Analytics

Primary Catchment Area
Muscat Governorate Region
Secondary Catchment Area
Seeb, Bausher, Al Amarat Region
Catchment area population
1,200,000 People
Population growth rate
1.5 %
Median age
32 Years
Household size
4.5 People
Education level (tertiary)
35.0 %

Median household income
36,000 USD per year
Unemployment rate
3.8 %
Cost of living index
65 Index

Retail spending per capita
4,500 USD per year
Spending on apparel
900 USD per year
Spending on groceries
1,800 USD per year
Spending on electronics
600 USD per year

Annual foot traffic
8,000,000 Visitors
Dwell time
90 Minutes
Conversion rate
25.0 %
Sales per square meter
5,500 USD per year

Number of retail stores
368 Stores
Anchor tenant presence
Yes
Competitor density (same category)
15 Stores per category
Tenant diversity
80.0 %
Unique Concepts
20 Concepts

Number of Levels
3 Levels
Average rent per square meter
400 USD per year
Vacancy rate
5.0 %
Lease term flexibility
Moderate
Available retail space
7,292 Square Meters
Gross Leasable Area
145,850 Square meters

Proximity to main roads
0.5 Km
Public transport access
Yes
Parking spaces
5,400 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
50 Events per year
Loyalty program penetration
40.0 %
Digital signage presence
Yes

Projected foot traffic growth
3.0 %
New tenant pipeline
10 Tenants
Mall expansion plans
No
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