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Premium Dining & LifestyleDesigner BoutiquesInternational ChainsSpecialty RetailTourist & Duty-Free

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Discount RetailValue PositioningLarge Footprint Retail

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Park Centre is a modern shopping mall located in the heart of Dubai, offering a wide variety of retail outlets, dining options, and entertainment. With a focus on providing a premium shopping experience, it attracts both locals and tourists alike.

The mall features a mix of high-end fashion brands, lifestyle stores, and international eateries, making it a one-stop destination for both shopping and leisure. Visitors can also enjoy state-of-the-art amenities, including ample parking space and a dedicated family area.

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Hours of Operation

Hours

Checking...
Monday10:00 AM — 10:00 PM
Tuesday10:00 AM — 10:00 PM
Wednesday10:00 AM — 10:00 PM
Thursday10:00 AM — 10:00 PM
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.

34a Marasi Drive, Dubai, United Arab Emirates

Insights

Prime Location

Park Centre is strategically located in the bustling heart of Dubai, ensuring high foot traffic and attracting both local and international shoppers.

Retail Diversity

The mall boasts a diverse mix of luxury brands and popular retail outlets, catering to various shopping preferences and ensuring a broad customer base.

Family-Friendly Amenities

With dedicated areas for families and children, Park Centre ensures a welcoming environment for all age groups, making it an ideal destination for family outings.

Building Details

Property Type
Neighborhood
Gross Leasable Area
4700
Year Built
2017
Parking Spaces
300
Average Monthly Footfall
250,000
Owner
Citadel Properties
Anchor Tenants
Mart- Ashwaaq Supermarket, Starbucks, Leopolds of London, Coya Spa

Detailed Market Analytics

Primary Catchment Area
5 Kilometers
Secondary Catchment Area
15 Kilometers
Catchment area population
500,000 People
Population growth rate
2.5 %
Median age
32 Years
Household size
3.8 People
Education level (tertiary)
45.0 %

Median household income
120,000 AED
Unemployment rate
4.0 %
Cost of living index
75 Index

Retail spending per capita
15,000 AED
Spending on apparel
3,000 AED
Spending on groceries
4,500 AED
Spending on electronics
2,500 AED

Annual foot traffic
3,000,000 Visitors
Dwell time
90 Minutes
Conversion rate
25.0 %
Sales per square meter
10,000 AED

Number of retail stores
80 Stores
Anchor tenant presence
Yes
Competitor density (same category)
3 Malls
Tenant diversity
60.0 %
Unique Concepts
10 Stores

Number of Levels
2 Levels
Average rent per square meter
2,500 AED
Vacancy rate
8.0 %
Lease term flexibility
Moderate
Available retail space
376 SQUARE METERS
Gross Leasable Area
4,700 Square meters

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

E-commerce competition
Moderate
Click-and-collect adoption
30.0 %
Internet penetration
99.0 %

Retail crime rate
Low
Security measures
High

Promotional events
20 Events
Loyalty program penetration
40.0 %
Digital signage presence
Yes

Projected foot traffic growth
3.0 %
New tenant pipeline
5 Stores
Mall expansion plans
No
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