Key Insights as of Jun 2025

Market Demographics
Population size

1,405,000 people

Population growth rate

2.5 %

Age distribution - 0-14

25.0 %

Age distribution - 15-64

70.0 %

Age distribution - 65+

5.0 %

Household size

4.8 people

Household composition - Families

75.0 %

Education levels - Bachelor's or higher

35.0 %

Economic Indicators
Median household income

72,000 AED

Employment rate

92.0 %

Job growth

3.0 %

Dominant industries

Trade, Manufacturing, Education

Cost of living index

85.0 index

Consumer Spending & Buying Power
Retail sales per capita

15,000 AED

Disposable income

55,000 AED

Spending behavior - Apparel

20.0 %

Spending behavior - Dining

25.0 %

Spending behavior - Electronics

15.0 %

Competition & Retail Presence
Existing retail mix

Malls, Hypermarkets, Specialty Stores

Number of competitors

150 stores

Market saturation

Moderate

Presence of anchor tenants

Carrefour, Lulu

Foot traffic from nearby businesses

High

Real Estate & Infrastructure
Rent costs - Retail

1,200 AED/sqm/year

Property values - Commercial

8,000 AED/sqm

Zoning laws

Restricted commercial zones

Business permits

6-8 weeks

Availability of retail space

Limited

Proximity to major roads

High

Public transportation access

Moderate

Parking availability

Adequate

Traffic & Accessibility
Pedestrian traffic

Medium

Vehicle traffic

High

Public transport accessibility

60.0 %

Commute times

25 minutes

Work patterns

9-5 dominant

Psychographics & Consumer Lifestyle
Shopping preferences

Value-driven

Brand affinity

Mid-range brands

Consumer loyalty

Moderate

Entertainment and leisure trends

Family-oriented

Crime Rates & Safety
Crime statistics

Low

Shoplifting rates

2.0 %

Public safety measures

CCTV, Security

Tourism & Seasonal Factors
Tourist spending

10,000 AED/visitor

Tourist footfall

500,000 visitors/year

Major local events

Sharjah Light Festival

Seasonal attractions

Winter peak

Online vs. In-Store Shopping Trends
E-commerce penetration

18.0 %

Click-and-collect adoption

25.0 %

Local preference for in-store shopping

65.0 %

Retail & Mall Performance
Total retail space

2,500,000 sqm

Retail space per capita

1.8 sqm/person

Projected growth in retail space

5.0 %

Retail leakage rate

15.0 %

Sustainable retail demand

High

Major upcoming retail projects

City Centre Sharjah expansion

Consumer Behavior & Spending
Grocery market share - Carrefour

30.0 %

Grocery market share - Lulu

25.0 %

Grocery market share - Al Maya

15.0 %

Consumer spending patterns

Value-focused

Grocery expenditure trends

Stable

Luxury retail performance

Moderate

Top mall shopping preferences

City Centre Sharjah

Shopping trips to other cities

20.0 %

Key drivers for mall visits

Dining, Shopping

Preferred brand categories

Value fashion

Competitive & Site Analysis
Number of existing malls

10 malls

Total retail footfall

50,000,000 visits/year

Retail market gaps

Luxury retail

Trade area population

2,000,000 people

Retail potential in catchment area

High

Projected retail growth rate

4.0 %

Preferred mall layouts

Mixed-use

Site & Accessibility
Public transport access

Moderate

Walkability score

60 index

Road infrastructure & car access

High

Parking capacity in comparable malls

5,000 spaces

Surrounding land use & future developments

Mixed-use, Residential