Alqarrat Mall, located in the holy city of Madinah, serves as a key retail destination for both residents and visiting pilgrims. The mall features a wide array of fashion, electronics, lifestyle, and food and beverage outlets, attracting high footfall throughout the year. Its proximity to major pilgrimage sites makes it strategically positioned to benefit from seasonal retail surges. Designed with modern aesthetics and traditional motifs, Alqarrat Mall provides a climate-controlled shopping experience suited to both family and individual visitors. The tenant mix includes regional and international brands, while leisure and dining options further boost dwell time.

Insights

Proximity to Religious Tourism

Located in one of Islam's holiest cities, Alqarrat Mall experiences consistent and seasonal foot traffic from Umrah and Hajj pilgrims, supporting high annual retail volumes and offering retailers significant exposure to international consumers.
Diverse Retail and F&B Mix

Alqarrat Mall includes fashion outlets, electronics stores, cafes, and full-service restaurants, combining essential shopping needs with social and dining experiences, which extends average visitor time spent inside the mall.
Local and International Tenant Appeal

The tenant base includes a balanced mix of Saudi brands and international franchises, catering to diverse shopper demographics and boosting brand recall for visitors from neighboring GCC countries and beyond.

Building Details

Shopping Mall

50000 SQM

416666

Unknown

2015

2000

Unknown

Mall Demographics

2,000,000 People

2.5 % per year

29.6 Years

5.2 People

35 %

Economic Indicators

96,000 SAR per year

6.0 %

65 Index (100 = NYC)

Consumer Spending

15,000 SAR per year

2,500 SAR per year

4,800 SAR per year

1,800 SAR per year

Mall Traffic & Performance

8,000,000 Visitors

90 Minutes

25 %

12,000 SAR per year

Competition & Tenant Mix

150 Stores

Yes

3 Malls within 10 km

70 % unique categories

Real Estate & Leasing

2,400 SAR per year

4 %

Moderate

5,000 Square meters

Accessibility & Infrastructure

High

Moderate

2,000 Spaces

High

Digital & E-commerce Trends

High

40 %

98 %

Safety & Security

Low

High

Marketing & Events

12 Events per year

30 %

Yes

Growth Potential

5 % per year

10 New stores per year

No

Contact

Unknown

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