Panorama Mall, Riyadh — Stores, Map & Hours

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Brand Fit Snapshot

Best for:

International ChainsNational ChainsDepartment Store AnchorsCinema & LeisureHome & Lifestyle

Not ideal if:

Value PositioningBudget BrandsDiscount Retail

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Panorama Mall, located in the heart of Riyadh, is a contemporary retail destination known for its diverse tenant mix and strategic location. With a total Gross Leasable Area (GLA) of 120,000 square meters, it accommodates a wide range of stores, including luxury brands, entertainment facilities, and dining options. The mall's primary catchment area includes affluent residential neighborhoods, making it an attractive choice for high-end retail brands.

It offers excellent connectivity through nearby public transportation routes, including metro stations and bus terminals, ensuring a steady flow of foot traffic. The mall also features ample parking spaces, contributing to the ease of access for customers. Despite its strengths, the mall's lease rates are relatively high compared to other local competitors, which may deter small or mid-sized retailers.

Additionally, there have been concerns regarding seasonal foot traffic fluctuations during off-peak months, particularly in the summer. This could impact retailers with less flexible operations or high dependence on peak season sales.

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Hours of Operation

Hours

Checking...

Monday	09:00 AM — 01:00 AM
Tuesday	09:00 AM — 01:00 AM
Wednesday	09:00 AM — 01:00 AM
Thursday	09:00 AM — 01:00 AM
Friday	02:00 PM — 01:00 AM
Saturday	09:00 AM — 01:00 AM
Sunday	09:00 AM — 01:00 AM

Holiday Hours

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

At Takhassusi Road, Riyadh, Saudi Arabia

Insights

Location and Foot Traffic

Panorama Mall benefits from a prime location in Riyadh's affluent areas, ensuring steady foot traffic and a clientele with high purchasing power.

Retail Mix and Competition

The mall hosts a balanced mix of international luxury brands and local retailers, though smaller retailers might struggle with the relatively high rent fees.

Seasonality and Traffic Fluctuations

The mall experiences seasonal dips in foot traffic, especially during the hot summer months when outdoor activities reduce shopper turnout.

Building Details

Property Type

Regional

Gross Leasable Area

83,000

Parking Spaces

1500

Average Monthly Footfall

375,000

Owner

Hamat Holding

Anchor Tenants

Etre, Jarir Bookstore, Danube, Marks & Spencer, Zara, Entertainment and AMC Cinema, Sparky's, Piatto's

Detailed Market Analytics

Primary Catchment Area

5 km

Secondary Catchment Area

20 km

Catchment area population

1,200,000 People

Population growth rate

2.5 %

Median age

30 Years

Household size

5.2 Persons

Education level (tertiary)

35.0 %

Median household income

12,000 SAR/month

Unemployment rate

5.8 %

Cost of living index

65 Index (NY=100)

Retail spending per capita

8,500 SAR/year

Spending on apparel

1,700 SAR/year

Spending on groceries

2,550 SAR/year

Spending on electronics

850 SAR/year

Annual foot traffic

4,500,000 Visitors

Dwell time

120 Minutes

Conversion rate

25.0 %

Sales per square meter

9,500 SAR/year

Number of retail stores

120 Stores

Anchor tenant presence

Yes Presence

Competitor density (same category)

High Density

Tenant diversity

High Diversity

Unique Concepts

Luxury Street Retail Concepts

Gross Leasable Area

83,000 sqm

Number of Levels

1 Levels

Average rent per square meter

2,800 SAR/year

Vacancy rate

5.0 %

Lease term flexibility

Medium Flexibility

Available retail space

4,150 sqm

Proximity to main roads

Direct Access

Public transport access

Good Access

Parking spaces

1,500 Spaces

Pedestrian traffic

High Traffic

E-commerce competition

High Competition

Click-and-collect adoption

40.0 %

Internet penetration

99.0 %

Retail crime rate

Low Rate

Security measures

Advanced Measures

Promotional events

Frequent Events

Loyalty program penetration

45.0 %

Digital signage presence

Yes Presence

Projected foot traffic growth

6.0 %

New tenant pipeline

Ongoing Pipeline

Mall expansion plans

nan Plans

City Snapshot

Riyadh

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Market DataDemographicsTenant Mix

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