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Luxury Fashion HousesHigh-End Flagship StoresDepartment Store AnchorsPremium Dining & LifestyleCinema & Leisure

Not ideal if:

Budget BrandsConvenience-Only Format

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Stars Avenue Mall is a prominent shopping center located in the upscale neighborhood of Jeddah, Saudi Arabia. The mall offers a diverse mix of luxury and mid-range retailers, along with several dining options and entertainment facilities such as cinemas. The mall's design is modern, with ample parking space and family-friendly amenities. It is located near major roads and residential areas, attracting a steady stream of visitors.

Despite its popularity, the mall faces competition from newer developments in the region, which may affect foot traffic in the long run. The lease terms are competitive but may require negotiation for higher-traffic areas, and the retailer's success will depend on their ability to differentiate from other stores in the region.

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Hours of Operation

Hours

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Monday10:00 AM — 12:00 AM
Tuesday10:00 AM — 12:00 AM
Wednesday10:00 AM — 12:00 AM
Thursday10:00 AM — 12:00 AM
Friday02:00 PM — 12:00 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.

King Abdul Aziz Road, Jeddah, Saudi Arabia

Insights

Foot Traffic Insights

Foot traffic in Stars Avenue Mall is relatively high, especially during weekends and holidays. However, the mall has been facing increased competition from other newer developments in Jeddah, which may lead to fluctuating traffic over time. Retailers need to ensure they have strong brand presence and offers to remain competitive.

Competitive Retail Landscape

While Stars Avenue Mall enjoys solid customer flow, it faces competition from several nearby malls, including the Mall of Arabia and Red Sea Mall. Retailers will need to strategically position their stores to take advantage of this competition. Maintaining exclusive deals and differentiating products could be key to success.

Lease Terms and Negotiations

Lease terms at Stars Avenue Mall are typically flexible but can be negotiable based on the store's location within the mall. Retailers looking to secure prime locations may need to commit to longer leases and higher rent. The mall’s management offers incentives for long-term tenants, making it potentially advantageous for stable, established retailers.

Building Details

Property Type
Regional
Gross Leasable Area
35,150
Year Built
2015
Parking Spaces
506
Average Monthly Footfall
666,667
Owner
Midad Real Estate Investment & Development Co.
Anchor Tenants
Hypermarket, Departmental Stores, High End Retail Stores, Luxury Fashion Retails, Fast Food Shops, Recreation Center

Detailed Market Analytics

Primary Catchment Area
5 Kilometers
Secondary Catchment Area
15 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
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
8,000,000 Visitors
Dwell time
90 Minutes
Conversion rate
25.0 %
Sales per square meter
12,000 SAR

Number of retail stores
120 Stores
Anchor tenant presence
Yes
Competitor density (same category)
3 Malls
Tenant diversity
40.0 %
Unique Concepts
10 Stores

Number of Levels
3 Levels
Average rent per square meter
2,500 SAR
Vacancy rate
5.0 %
Lease term flexibility
Medium
Available retail space
1,758 Square Meters
Gross Leasable Area
35,150 Square meters

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

E-commerce competition
High
Click-and-collect adoption
30.0 %
Internet penetration
98.6 %

Retail crime rate
Low
Security measures
High

Promotional events
50 Events
Loyalty program penetration
20.0 %
Digital signage presence
Yes

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

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Jeddah

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