Key Insights as of Jun 2025

Market Demographics
Population size

504,846 people

Population growth rate

3.6 %

Age distribution - 0-14 years

21.5

Age distribution - 15-64 years

75.2

Age distribution - 65+ years

3.3

Average household size

5.2 persons per household

Household composition - Families

82.7

Household composition - Non-families

17.3

Education levels - Below secondary

12.4 %

Education levels - Secondary

45.8 %

Education levels - Tertiary

41.8 %

Age Distribution
Economic Indicators
Median household income

85,000 AED

Employment rate

94.5 %

Job growth

2.9 %

Dominant industries - Manufacturing

28.4 %

Dominant industries - Construction

22.1 %

Dominant industries - Retail trade

15.6 %

Cost of living index

68.3 Index

Consumer Spending & Buying Power
Retail sales per capita

27,000 AED

Disposable income

72,000 AED

Spending behavior - Apparel

12.5

Spending behavior - Dining

18.3

Spending behavior - Electronics

9.7

Competition & Retail Presence
Existing retail mix - Malls

5 number

Existing retail mix - Supermarkets

12 number

Number of competitors

85 number

Market saturation

75 %

Presence of anchor tenants

3 number

Foot traffic from nearby businesses

15,000 persons per day

Real Estate & Infrastructure
Rent costs - Retail space

1200 AED per sqm per year

Property values - Commercial

8500 AED per sqm

Zoning laws

Commercial classification

Business permits issued annually

350 number

Availability of retail space

85 %

Proximity to major roads

2 km

Public transportation access

Good classification

Parking availability

1200 spaces

Traffic & Accessibility
Pedestrian traffic

8000 persons per day

Vehicle traffic

45,000 vehicles per day

Public transport accessibility

85 %

Average commute times

25 minutes

Work patterns - Shift work prevalence

22

Psychographics & Consumer Lifestyle
Shopping preferences - Malls

65 %

Brand affinity - International brands

55 %

Consumer loyalty - High

35 %

Entertainment and leisure trends - Cinema attendance

40 %

Crime Rates & Safety
Crime rate

2.3 per 1000 inhabitants

Shoplifting rates

0.8 per 1000 inhabitants

Public safety measures - CCTV coverage

95 %

Tourism & Seasonal Factors
Tourist spending

150,000,000 AED annually

Tourist footfall

500,000 persons annually

Major local events per year

12 number

Seasonal attractions - Beach festivals

3 number

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

25 %

Click-and-collect adoption

15 %

Local preference for in-store shopping

60 %

Retail & Mall Performance
Total retail space

450,000 sqm

Retail space per capita

0.89 sqm per person

Projected growth in retail space

5 %

Retail leakage rate

12 %

Sustainable retail demand

High classification

Major upcoming retail projects

2 number

Consumer Behavior & Spending
Grocery market share - Retailer A

35

Grocery market share - Retailer B

25

Grocery market share - Retailer C

15

Consumer spending patterns - Essentials

55

Grocery expenditure trends - Organic products

8 %

Luxury retail performance

12 %

Top mall shopping preferences - Fashion

45 %

Shopping trips to other cities

18 %

Key drivers for mall visits - Entertainment

30 %

Preferred brand categories - Luxury fashion

20

Preferred brand categories - Value fashion

35

Competitive & Site Analysis
Number of existing malls

5 number

Total retail footfall

8,000,000 annual visits

Retail market gaps - High-end fashion

15 %

Trade area population

700,000 people

Retail potential in catchment area

Medium classification

Projected retail growth rate

4.5 %

Preferred mall layouts - Open-air

25 %

Site & Accessibility
Public transport access - Bus lines

8 number

Walkability score

75 Index

Road infrastructure quality

Good classification

Parking capacity in comparable malls

1000 spaces