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Serafi Mega Mall is one of the largest shopping destinations in Jeddah, Saudi Arabia.

Spanning over 200,000 square meters of retail space, it houses a wide array of international and regional brands. The mall boasts modern facilities with spacious interiors, making it attractive to both shoppers and retailers alike. It offers a variety of entertainment options, including a cinema and a family entertainment center. The mall is strategically located with easy access to major roads and residential areas, but it faces competition from newer malls in the region.

While it enjoys a strong customer base, foot traffic tends to fluctuate during off-peak hours, and leasing rates may vary depending on location within the mall.

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Hours of Operation

Hours

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Monday10:00 AM — 01:00 AM
Tuesday10:00 AM — 01:00 AM
Wednesday10:00 AM — 01:00 AM
Thursday10:00 AM — 01:00 AM
Friday04:00 PM — 01:00 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.

شارع الستين, Jeddah, Saudi Arabia

Insights

Foot Traffic Consistency

While Serafi Mega Mall has a large volume of foot traffic, the consistency varies, especially during weekdays or off-peak hours. This could impact retail sales for tenants during quieter periods.

Competition from Newer Malls

With the emergence of newer, more modern malls in Jeddah, Serafi Mega Mall faces increasing competition. Tenants may need to consider these changes when assessing long-term leasing value.

Leasing Flexibility

Serafi Mega Mall offers various leasing options, from high-traffic areas to more affordable spaces at the periphery. Retailers seeking cost-effective solutions can negotiate more favorable terms in less prominent areas.

Building Details

Property Type
Regional
Gross Leasable Area
50,000
Year Built
2005
Parking Spaces
1200
Average Monthly Footfall
1,000,000
Owner
Serafi
Anchor Tenants
Danube hypermarket, MoonToon, Escape Hunt, Laser Tag

Detailed Market Analytics

Primary Catchment Area
10 Kilometers
Secondary Catchment Area
25 Kilometers
Catchment area population
2,500,000 People
Population growth rate
2.5 %
Median age
30 Years
Household size
5.2 People
Education level (tertiary)
35.0 %

Median household income
72,000 SAR
Unemployment rate
6.5 %
Cost of living index
65 Index

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

Annual foot traffic
12,000,000 Visitors
Dwell time
2.5 Hours
Conversion rate
25.0 %
Sales per square meter
18,000 SAR

Number of retail stores
335 Stores
Anchor tenant presence
Yes
Competitor density (same category)
3 Malls
Tenant diversity
80.0 %
Unique Concepts
15 Stores

Number of Levels
3 Levels
Average rent per square meter
2,500 SAR
Vacancy rate
5.0 %
Lease term flexibility
High
Available retail space
2,500 Square Meters
Gross Leasable Area
50,000 Square meters

Proximity to main roads
0.5 Kilometers
Public transport access
Yes
Parking spaces
1,200 Spaces
Pedestrian traffic
High

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

Retail crime rate
2 Incidents per 100,000
Security measures
High

Promotional events
50 Events
Loyalty program penetration
30.0 %
Digital signage presence
Yes

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

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Top retail destinations across Saudi Arabia.

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Jeddah

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