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Yanbu Mall on King Abdulaziz Road in Yanbu, Saudi Arabia, is a prominent shopping center in a city of 300,000 residents, fueled by industrial sectors. It hosts a balanced tenant mix of local and international stores in apparel, shoes, beauty, and appliances, plus a food court. In a moderately saturated market with three malls, it captures part of the 5 million annual visits and 12,000 SAR per capita spend, backed by 60,000 SAR median incomes and a young population (65% 15-64).

Occupancy is 85-90%, with rents at 400 SAR/sqm/year. Advantages include good road access and parking, but limited public transport and competition from Dana Mall pose risks. Operational hours are 10 AM-11 PM.

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Hours of Operation

Hours

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Monday10:00 AM — 11:00 PM
Tuesday10:30 AM — 11:30 PM
Wednesday10:00 AM — 11:00 PM
Thursday10:00 AM — 12:00 AM
Friday04:00 PM — 12:00 AM
Saturday10:00 AM — 12:00 AM
Sunday10:00 AM — 11:30 PM
Holiday Hours

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

King Abdulaziz Road, Yanbu, Saudi Arabia

Insights

Demographic Profile

Yanbus trade area encompasses 300,000 people, comprising Saudi families and expatriates in oil and petrochemical fields. The demographic is youthful, with 65% aged 15-64, and education levels at 70%, supporting stable purchasing power. Median household income of 60,000 SAR drives demand for value retail, though reliance on industry exposes it to oil price volatility, potentially impacting expat spending.

Market Competition

Yanbu features three malls, including Dana Mall and Yanbu Plaza, leading to moderate saturation and 20% retail leakage to Jeddah. Yanbu Mall differentiates through its central location and diverse mid-tier offerings, but competes for footfall in fashion and F&B categories. Total sector footfall of 5 million suggests shared traffic, with conversion rates around 25%, requiring strong tenant mix alignment to capture market share.

Leasing and Operational Factors

Rents average 400 SAR per sqm annually, competitive for the region, with occupancy at 85-90%. Accessibility via major roads handles 20,000 vehicles daily and offers sufficient parking, but public transport serves only 30% of visitors, limiting broader reach. The mall maintains good operational quality with daily 10 AM-11 PM hours, yet aging infrastructure in parts and seasonal tourism boosts could enhance performance if addressed.

Building Details

Property Type
Shopping Mall
Gross Leasable Area
25,000
Year Built
2015
Parking Spaces
1850
Average Monthly Footfall
250,000
Owner
Local Ownership
Anchor Tenants
Carrefour, H&M, Local Brands

Detailed Market Analytics

Primary Catchment Area
250,000 People
Secondary Catchment Area
350,000 People
Catchment area population
300,000 People
Population growth rate
2.5 %
Median age
32 Years
Household size
3.8 Persons
Education level (tertiary)
30.0 %

Median household income
15,000 SAR monthly
Unemployment rate
7.0 %
Cost of living index
80 Index (NY=100)

Retail spending per capita
12,000 SAR per year
Spending on apparel
3,000 SAR per year
Spending on groceries
5,000 SAR per year
Spending on electronics
2,000 SAR per year

Annual foot traffic
3,000,000 Visitors
Dwell time
90 Minutes
Conversion rate
25.0 %
Sales per square meter
10,000 SAR per year

Number of retail stores
160 Stores
Anchor tenant presence
Yes Presence
Competitor density (same category)
3 Malls
Tenant diversity
High Level
Unique Concepts
15 Concepts

Gross Leasable Area
25,000 sqm
Number of Levels
2 Levels
Average rent per square meter
2,000 SAR per year
Vacancy rate
12.0 %
Lease term flexibility
Medium Level
Available retail space
1,750 sqm

Proximity to main roads
High Level
Public transport access
Limited Level
Parking spaces
1,850 Spaces
Pedestrian traffic
Moderate Level

E-commerce competition
25.0 %
Click-and-collect adoption
20.0 %
Internet penetration
99.0 %

Retail crime rate
Low Level
Security measures
High Level

Promotional events
20 Events per year
Loyalty program penetration
40.0 %
Digital signage presence
Yes Presence

Projected foot traffic growth
3.0 %
New tenant pipeline
10 Tenants
Mall expansion plans
Planned Status
City Snapshot
Yanbu

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Yanbu

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