Grove Village is a premier retail destination located in the heart of Ras al Khaimah, offering a mix of high-end retail stores, entertainment options, and dining establishments. The mall is designed to cater to a variety of customer needs, featuring a spacious layout and a modern ambiance. It attracts both locals and tourists, making it a popular shopping and leisure spot. The mall is well-connected and strategically positioned in the city to maximize foot traffic and customer engagement.
Insights
Retail Diversity
Grove Village offers a wide range of retail options, from luxury brands to local shops, catering to a diverse audience. This diversity enhances its appeal to different customer segments, attracting a broad demographic of shoppers.
Family-Friendly Environment
The mall prioritizes family-friendly amenities, including play areas, entertainment zones, and kid-friendly restaurants. This makes it a preferred choice for families looking for a comprehensive shopping and leisure experience.
Convenient Location
Strategically located in Ras al Khaimah, Grove Village benefits from its proximity to major transport hubs, ensuring easy access for both locals and visitors. Its location enhances foot traffic, contributing to high retail engagement.
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Building Details
Neighborhood CentreStrip Malls
21000 SQM
Master Investment
2019
250
Grandiose supermarket', 'Vogue Fitness'
Mall Demographics
500,000 People
2.5 % per year
34 Years
3.8 People
60 % of adults
Economic Indicators
80,000 USD per year
2.5 %
120 Index (100 = global avg)
Consumer Spending
5,000 USD per year
1,200 USD per year
1,500 USD per year
800 USD per year
Mall Traffic & Performance
10,000,000 Visitors
90 Minutes
25 %
8,000 USD per year
Competition & Tenant Mix
120 Stores
Yes
15 % of stores
70 % unique categories
Real Estate & Leasing
1,200 USD per year
5 %
Medium
2,000 Square meters
Accessibility & Infrastructure
High
Moderate
2,500 Spaces
High
Digital & E-commerce Trends
Strong
40 % of retailers
98 % of population
Safety & Security
Low
High
Marketing & Events
20 Events per year
50 % of shoppers
Yes
Growth Potential
3 % per year
10 New stores per year
No
Contact
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