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Hypermarket TrafficInternational ChainsNational ChainsDaily Essentials & GroceryFamily Entertainment

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Ultra-Luxury PositioningSmall Format RetailBudget Brands

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Sharjah Central Mall is a key retail destination located in the heart of Sharjah, offering a diverse mix of retail, dining, and entertainment options.

The mall features multiple levels with a range of international and local brands. Its strategic location in a densely populated area ensures high foot traffic, particularly on weekends. The mall also boasts convenient access to major highways and public transport links, making it an attractive option for retailers looking to reach a wide range of customers. However, despite its strong location, the mall faces competition from nearby shopping centers offering similar services and amenities.

Rent prices are generally higher compared to some other areas in Sharjah, which might affect the cost-effectiveness for some businesses. The layout of the mall also may not be ideal for certain types of retailers seeking larger, open spaces or flagship stores. Additionally, while the mall's reputation is well established, it is perceived as a more affordable option, which might limit the perception of luxury or premium brands.

In conclusion, while the mall's location and popularity are major benefits, the rent price and layout may pose challenges for retailers with specific needs.

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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 — 10:00 PM
Friday10:00 AM — 11:00 PM
Saturday10:00 AM — 11:00 PM
Sunday10:00 AM — 10:00 PM
Holiday Hours

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

1 3 Sheikh Rashid Bin Saqr Al Qasimi Street, Sharjah, United Arab Emirates

Insights

Competitive Market Conditions

Sharjah Central Mall faces competition from other major retail locations in Sharjah, including newer shopping complexes with more modern amenities and lower rental costs. Retailers should consider the market saturation in the area before committing.

Cost Considerations

Rent prices at Sharjah Central Mall are on the higher side compared to some other options in Sharjah. Retailers should assess the overall cost against potential sales, especially when the foot traffic may not necessarily justify the premium rents in comparison with other areas.

Retail Space Limitations

While the mall is well-located, the layout might not be suitable for retailers needing large, flexible spaces. Retailers with specific space requirements or those seeking to operate flagship stores may find the mall's interior design to be restrictive.

Building Details

Property Type
Regional
Gross Leasable Area
39,952
Year Built
2021
Parking Spaces
1254
Average Monthly Footfall
500,000
Owner
Line Investments & Property LLC
Anchor Tenants
Lulu Hypermarket, Brand for Less',

Detailed Market Analytics

Primary Catchment Area
5 Kilometers
Secondary Catchment Area
15 Kilometers
Catchment area population
800,000 People
Population growth rate
2.5 %
Median age
32 Years
Household size
4.2 People
Education level (tertiary)
35.0 %

Median household income
90,000 AED
Unemployment rate
3.5 %
Cost of living index
70 Index

Retail spending per capita
12,000 AED
Spending on apparel
2,500 AED
Spending on groceries
4,000 AED
Spending on electronics
1,800 AED

Annual foot traffic
6,000,000 Visitors
Dwell time
90 Minutes
Conversion rate
25.0 %
Sales per square meter
8,000 AED

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

Number of Levels
4 Levels
Average rent per square meter
2,000 AED
Vacancy rate
8.0 %
Lease term flexibility
Medium
Available retail space
3,196 Square Meters
Gross Leasable Area
39,952 Square meters

Proximity to main roads
0.5 Kilometers
Public transport access
Yes
Parking spaces
1,254 Spaces
Pedestrian traffic
High

E-commerce competition
Moderate
Click-and-collect adoption
30.0 %
Internet penetration
98.0 %

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 Tenants
Mall expansion plans
No
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