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Brand Fit Snapshot

Best for:

Specialty RetailInternational ChainsNational ChainsPremium Dining & LifestyleMixed-Use & Office Traffic

Not ideal if:

Budget BrandsHyper-Local Concepts

Similar properties you might like:

Al Malqa PlazaRimal CenterAl Olaya Public Complex
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Raden Commercial Center is a prominent retail destination located in Riyadh, Saudi Arabia. Known for its modern design and expansive retail spaces, it caters to a variety of high-end brands and local retailers. The center is positioned within a key commercial district, attracting both regional and international shoppers. With ample parking facilities and good public transport access, it has become a popular spot for both business and leisure activities.

Despite its appeal, the competition from newer malls in the region has led to fluctuating foot traffic during off-peak seasons. The center is positioned as a middle-to-high-end retail hub, which can limit its appeal to budget-conscious customers.

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Stores

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Arabian Nexus storefront photo

Arabian Nexus

Co-Working & Business Services

Arabian Nexus, located in the Raden Commercial Center on Olaya Street in Riya...

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Hours of Operation

Hours

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Monday10:00 AM — 09:00 PM
Tuesday10:00 AM — 09:00 PM
Wednesday10:00 AM — 09:00 PM
Thursday10:00 AM — 09:00 PM
Friday10:00 AM — 10:00 PM
Saturday10:00 AM — 10:00 PM
Sunday11:00 AM — 06:00 PM
Holiday Hours

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

Olaya Street, Riyadh, Saudi Arabia

Insights

Key Retail Advantage

Raden Commercial Center offers a blend of premium and mid-range retail spaces, making it suitable for retailers targeting both high-income and middle-income shoppers. The mall's location is a strong selling point, but its occupancy rate has seen some volatility due to stiff competition.

Engaging Events Driving Visitor Traffic

While the center has strong regional recognition, its foot traffic can be inconsistent, particularly during slower months when nearby shopping centers offer more promotions and events. Retailers should be prepared for this fluctuation in customer flow.

Key Retail Advantage

The lack of a clear market differentiation from newer malls has made Raden less attractive to certain budget-conscious retail brands. Retailers looking to cater to a broader market might find the rent costs a significant challenge.

Building Details

Property Type
Community
Gross Leasable Area
15,613
Year Built
2017
Parking Spaces
351
Average Monthly Footfall
666,667
Owner
Abdullah M. Bin Saedan and sons Real Estate Co.

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
29 Years
Household size
5.2 People
Education level (tertiary)
35.0 %

Median household income
72,000 SAR
Unemployment rate
7.4 %
Cost of living index
65 Index

Retail spending per capita
18,500 SAR
Spending on apparel
3,200 SAR
Spending on groceries
4,800 SAR
Spending on electronics
2,500 SAR

Annual foot traffic
8,000,000 Visitors
Dwell time
90 Minutes
Conversion rate
25.0 %
Sales per square meter
12,000 SAR

Number of retail stores
64 Stores
Anchor tenant presence
Yes
Competitor density (same category)
3 Malls
Tenant diversity
70.0 %
Unique Concepts
15.0 %

Number of Levels
4 Levels
Average rent per square meter
2,500 SAR
Vacancy rate
8.0 %
Lease term flexibility
Moderate
Available retail space
1,249 Square Meters
Gross Leasable Area
15,613 Square meters

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

E-commerce competition
High
Click-and-collect adoption
40.0 %
Internet penetration
98.6 %

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
Riyadh

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For Retailers
Interested in this property?

Choose how you'd like to proceed

See if you're a fitQuick assessment of brand-property match
Submit Your BrandJoin the network and connect with property teams
Send an inquiryAsk about leasing, pop-ups, or partnerships
For Advertisers
Advertise at this property?

Reach high-intent shoppers across digital screens, atria, and experiential placements.

Send an inquiryTell us about your campaign — placements, budget, timing
City Snapshot
Riyadh

Comprehensive market intelligence for retail expansion in this city

Market DataDemographicsTenant Mix
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