Arabian Centres, developer, owner and operator of shopping malls in Saudi Arabia, has officially unveiled its plans for ‘Mall of Arabia Riyadh’ – one of the most anticipated and ground-breaking retail real estate developments in the Middle East.
The Mall of Arabia Riyadh will be the Kingdom’s premier retail destination. Strategically situated along main road arteries into Riyadh, its iconic design will provide the perfect location and access to luxury brands for Riyadh’s affluent residents.
It will be the flagship mall in the Arabian Centres portfolio and is scheduled to open in 2018. The site of the mall covers 2.8 million sqft, including a five-star luxury hotel, landscaped gardens and water features. The mall will house 336 retail stores with 1.8 million sqft of GLA. The interior of the mall is inspired by the region’s surrounding nature of sand dunes, wadis and mountains.
“The Mall of Arabia is breaking new ground in Saudi Arabia’s retail and real estate sector. We are creating and bringing new and exciting concepts that have not been seen before in the Kingdom,” says Simon Wilcock, CEO of Arabian Centres. “Malls are an intrinsic part of the fabric of everyday life in Saudi Arabia and we are setting a new standard for the region that will change the shopping and leisure experience going forward.”
Arabian Centres’ malls attract 131 million visitors each year and the company saw more than 27% rise in footfall in the first nine months of this year (January-September 2015). Occupancy rates are at 97%, with malls reaching capacity within three months of opening. Part of Fawaz Alhokair Group, Arabian Centres has over 3,400 retail outlets including 530 international and local brands, alongside family leisure offerings.
Watsons to open 20 new stores in the GCC
In 2020, global health & beauty retailer AS Watson Group signed its
April 29, 2024 | By Rupkatha BAsda and Deliverect Deepen Partnership to Power Rapid Delivery Across Asda Express
SQUATWOLF’s Kuwait Flagship Store Anchors Its Regional Growth Ambitions
/ 
For decades, Haldiram’s built deep recall across the UAE through its packaged
When House of Habanero opened its first physical location at Alserkal Avenue
Union Coop has completed a significant expansion of its Hatta Souq branch,
Saudi Arabia is set to welcome U.S. food exporters this week, as
Majid Al Futtaim has officially entered the discount retail segment with the
As convenience increasingly becomes currency in the region’s grocery landscape, Union Coop
As wellness becomes a lifestyle in the UAE, the grocery aisle is
Grandiose, one of the leading grocery retailers in the UAE with a
With shifting consumer behaviour, rising cost pressures, regulatory changes, and rapid digitization,
Union Coop’s blend of retail expansion, digital innovation, and community focus is
Abu Dhabi-based MAIR Group has marked a pivotal stage in its transformation
In a move that blurs the line between shopping and investing, Apparel
/ 
An evening where global retail leadership met Saudi Arabia’s rising influence in
Under the patronage of His Royal Highness Prince Saud bin Mishaal bin
Alandalus Property Company is one of Saudi Arabia’s leading real estate investment
Red Sea Markets Company unveils a transformative evolution to Red Sea Mall,
The Point represents a strategic partnership between the Red Sea Markets For
Azad Properties, a leading real estate developer in Saudi Arabia, has signed a Memorandum of Understanding (MoU) with the National Housing Company (NHC).
In an era where digital transformation is pivotal, shopping malls are not
This panel discussion at MRF 2024 explored the evolution of retail spaces,
An exclusive piece contributed By Oliver Morgan, Partner, Real Estate Development &
In the bustling retail environments, where shopping malls are not just places
Previous Article
