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Brand Fit Snapshot

Best for:

International ChainsNational ChainsDaily Essentials & GrocerySpecialty RetailMixed-Use & Office Traffic

Not ideal if:

Ultra-Luxury PositioningDiscount RetailLarge Footprint Retail

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Souq Extra Al Barsha 2 Center, located in Dubai, is a retail hub offering a diverse range of shopping and entertainment options. The center features a mix of local and international brands, catering to both mid-range and premium customers. With its proximity to residential areas and business districts, the mall attracts a steady flow of foot traffic throughout the week. The venue is equipped with ample parking, providing easy accessibility for customers.

Despite its prime location, the center faces competition from newer malls in the area, potentially affecting long-term retailer footfall. The mall’s management is proactive in hosting events and promotions to maintain a vibrant shopping atmosphere. While the location is generally considered safe and accessible, traffic congestion in the surrounding area during peak hours can negatively impact the shopper experience.

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

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

Souq Extra - Al Barsha - Al Barsha 2 - Dubai - United Arab Emirates, Dubai, United Arab Emirates

Insights

Proximity to residential areas

The center's location near residential areas makes it convenient for local shoppers, ensuring a steady flow of foot traffic.

Competition from newer malls

The emergence of newer, modern retail centers nearby may reduce the overall footfall at Souq Extra Al Barsha 2, affecting long-term performance.

Parking and accessibility

Ample parking spaces make it easy for customers to visit the mall, though traffic congestion during peak hours may impact accessibility.

Building Details

Property Type
Shopping Centre
Gross Leasable Area
20,000
Year Built
2008
Parking Spaces
18
Average Monthly Footfall
208,333
Owner
Souq Extra LLC
Anchor Tenants
Spinneys

Detailed Market Analytics

Primary Catchment Area
5 km
Secondary Catchment Area
10 km
Catchment area population
150,000 People
Population growth rate
2.5 %
Median age
32 Years
Household size
3.5 People
Education level (tertiary)
45.0 %

Median household income
120,000 AED per year
Unemployment rate
3.5 %
Cost of living index
85 Index

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

Annual foot traffic
2,500,000 Visitors
Dwell time
90 Minutes
Conversion rate
25.0 %
Sales per square meter
12,000 AED per year

Number of retail stores
18 Stores
Anchor tenant presence
Yes
Competitor density (same category)
3 Malls within 5 km
Tenant diversity
60.0 %
Unique Concepts
5 Concepts

Gross Leasable Area
20,000 Square meters
Number of Levels
1 Levels
Average rent per square meter
2,500 AED per year
Vacancy rate
5.0 %
Lease term flexibility
Medium
Available retail space
1,000 Square meters

Proximity to main roads
0.5 km
Public transport access
Yes
Parking spaces
18 Spaces
Pedestrian traffic
Moderate

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

Retail crime rate
Low
Security measures
High

Promotional events
12 Events per year
Loyalty program penetration
20.0 %
Digital signage presence
Yes

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