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Taiba Commercial Center is a prominent retail space located in Medina, Saudi Arabia. It offers a mix of retail, dining, and entertainment facilities, making it a popular destination for both locals and tourists. The mall is strategically situated near religious sites, particularly the Prophet's Mosque, attracting significant foot traffic from visitors. With a modern design and ample parking, it serves the growing demand for commercial space in the region.

The mall's layout supports both large-scale retail outlets and smaller boutique shops. However, competition in the area is increasing as new malls and commercial spaces are being developed in the city. Additionally, although the mall sees high foot traffic due to its proximity to religious landmarks, seasonal variations in visitor numbers could affect retail performance.

Overall, the mall offers good potential for retailers targeting both local consumers and international visitors.

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Hours of Operation

Hours

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Monday06:00 AM — 12:00 AM
Tuesday06:00 AM — 12:00 AM
Wednesday06:00 AM — 12:00 AM
Thursday06:00 AM — 12:00 AM
Friday06:00 AM — 12:00 AM
Saturday06:00 AM — 12:00 AM
Sunday06:00 AM — 12:00 AM
Holiday Hours

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

TAIBA Shopping Center, Medina, Saudi Arabia

Insights

Retail Foot Traffic

The mall enjoys high foot traffic, especially during peak seasons such as Ramadan and Hajj, benefiting from the proximity to religious sites. However, foot traffic can dip outside of these times, potentially affecting sales consistency.

Competition and Development

New commercial developments and malls are rising in Medina, increasing competition for retail space. This could dilute the potential customer base and place pressure on rent prices over time.

Seasonal Demand Variability

Due to its location near religious landmarks, the mall experiences fluctuating demand depending on religious events. Retailers should be prepared for seasonal sales variations, which can impact overall revenue.

Building Details

Property Type
Community
Gross Leasable Area
10,197
Year Built
1997
Parking Spaces
450
Average Monthly Footfall
250,000
Owner
Alaqeeq Real Estate development
Anchor Tenants
Al Musbah, Swatch, The Body Shop, Al Nahdi, KFC, Hardee's

Detailed Market Analytics

Primary Catchment Area
5 km
Secondary Catchment Area
15 km
Catchment area population
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
60,000 SAR per year
Unemployment rate
7.5 %
Cost of living index
70 Index

Retail spending per capita
12,000 SAR per year
Spending on apparel
2,500 SAR per year
Spending on groceries
3,000 SAR per year
Spending on electronics
1,800 SAR per year

Annual foot traffic
3,000,000 Visitors
Dwell time
90 Minutes
Conversion rate
25.0 %
Sales per square meter
15,000 SAR per year

Number of retail stores
340 Stores
Anchor tenant presence
Yes
Competitor density (same category)
3 Malls within 10 km
Tenant diversity
60.0 %
Unique Concepts
10.0 %

Number of Levels
4 Levels
Average rent per square meter
2,000 SAR per year
Vacancy rate
8.0 %
Lease term flexibility
Moderate
Available retail space
816 SQUARE METERS
Gross Leasable Area
10,197 Square meters

Proximity to main roads
0.5 km
Public transport access
Yes
Parking spaces
450 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
12 Events per year
Loyalty program penetration
20.0 %
Digital signage presence
Yes

Projected foot traffic growth
5.0 %
New tenant pipeline
5 New stores per year
Mall expansion plans
No
City Snapshot
Medina

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Top retail destinations across Saudi Arabia.

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City Snapshot
Medina

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