Wasat Al Madinah is a vibrant shopping center located in the heart of Medina, offering a blend of modern retail and cultural experiences. With a variety of shops, restaurants, and entertainment options, the mall serves as a major destination for locals and visitors alike. It features a mix of international and regional brands, providing shoppers with a wide selection of products. The architecture combines contemporary design with traditional elements, reflecting the rich heritage of Medina.
Insights
Strategic Location
Wasat Al Madinah is strategically located in Medina, offering easy access to both residents and tourists, making it an ideal retail destination for brands looking to attract foot traffic.
Diverse Shopper Demographics
The mall caters to a wide range of shoppers, from local families to international tourists, offering retailers a unique opportunity to tap into diverse customer segments with varying shopping preferences.
Cultural Significance
As a significant landmark in Medina, Wasat Al Madinah holds cultural importance, attracting visitors who are seeking both shopping and cultural experiences. This makes it a key destination for retailers looking to engage with a more diverse audience.
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Building Details
Regional Centre
80000 SQM
Knowledge Economic City
2023
'
Mall Demographics
1,280,000 People
1.8 % per year
29 Years
5.5 People
35 %
Economic Indicators
72,000 SAR per year
5.7 %
65 Index (100 = avg)
Consumer Spending
18,000 SAR per year
3,600 SAR per year
5,400 SAR per year
2,700 SAR per year
Mall Traffic & Performance
8,000,000 Visitors
90 Minutes
25 %
12,000 SAR per year
Competition & Tenant Mix
120 Stores
Yes
Medium
High
Real Estate & Leasing
2,500 SAR per year
8 %
Moderate
5,000 Square meters
Accessibility & Infrastructure
High
Moderate
1,500 Spaces
High
Digital & E-commerce Trends
High
30 %
98 %
Safety & Security
Low
High
Marketing & Events
Frequent
40 %
Yes
Growth Potential
5 % per year
10 Stores
Possible
Contact
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