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Brand Fit Snapshot

Best for:

International ChainsNational ChainsPremium Dining & LifestyleTourist & Duty-FreeFamily Entertainment

Not ideal if:

Ultra-Luxury PositioningBudget BrandsSmall Format Retail

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Souk Saraya Aqaba is a modern retail center located in Aqaba, Jordan, offering a mix of local and international brands. The mall's design emphasizes an open-air experience, with a combination of retail shops, dining outlets, and entertainment options. It serves as a key destination for both locals and tourists, benefiting from its proximity to the Red Sea and major transport routes. The center is well-maintained with ample parking and offers a comfortable shopping experience.

However, due to its location, it may have seasonal foot traffic fluctuations, with tourist-heavy periods in the summer and quieter off-seasons during the colder months. The mall has successfully integrated both traditional and modern retail concepts but faces competition from nearby retail centers. It is a solid choice for retailers seeking visibility and access to a diverse customer base, though it may not offer the high-traffic volumes seen in larger metropolitan areas.

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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.

G2H3+9GH, Aqaba, Jordan

Insights

Foot Traffic

While the mall benefits from tourist seasons, foot traffic tends to dip during off-seasons. Retailers should be prepared for seasonal fluctuations in customer numbers.

Location

The proximity to the Red Sea and major transportation hubs makes it a convenient stop for tourists, though retailers should consider whether they can attract sufficient local business during the off-season.

Retail Mix

The mall's balance of local and international retailers works well for capturing diverse customer interests. However, retailers may face competition from other centers in Aqaba for the same consumer base.

Building Details

Property Type
Community
Gross Leasable Area
21,000
Year Built
2018
Parking Spaces
350
Average Monthly Footfall
208,333
Owner
Eagle Hills Jordan

Detailed Market Analytics

Primary Catchment Area
5 Kilometers
Secondary Catchment Area
15 Kilometers
Catchment area population
150,000 People
Population growth rate
2.5 %
Median age
32 Years
Household size
4.2 People
Education level (tertiary)
28.0 %

Median household income
24,000 USD
Unemployment rate
12.5 %
Cost of living index
65 Index

Retail spending per capita
3,200 USD
Spending on apparel
600 USD
Spending on groceries
1,200 USD
Spending on electronics
400 USD

Annual foot traffic
2,500,000 Visitors
Dwell time
90 Minutes
Conversion rate
25.0 %
Sales per square meter
4,000 USD

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

Number of Levels
1 Levels
Average rent per square meter
30 USD
Vacancy rate
8.0 %
Lease term flexibility
Moderate
Available retail space
1,680 Square Meters
Gross Leasable Area
21,000 Square meters

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

E-commerce competition
Moderate
Click-and-collect adoption
20.0 %
Internet penetration
85.0 %

Retail crime rate
Low
Security measures
High

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

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

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Aqaba

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