Unit Price 7.97 SAR

Al Makan Mall Hafr Al Batin

  • Located in the Eastern Province, within 430 km north of Riyadh, 94 km from Kuwait border and 74 km from the Iraqi border
  • Considered as a desert route for pilgrims to arrive to Makkah & Madina from neighboring GCC countries
  • Comprises of more than 35 villages with a population of 466K as of 2017 growing at CAGR of 1.88% between 2017 and 2020.
  • Hafar Al Batin attracts a high number of travelers from Iraq and Kuwait
  • Shopping is the key activity as the town has limited entertainment options
  • Government investment in Hafr Al Batin by opening new industrial cities in Hafr Al Batin will create employment opportunities & strong demand for retail
  • The nearby King Khalid Military City & Hafr Al Batin University attracts the surrounding residents and is a big driver of growth for mall traffic

CityHafer Albatin

Land StatusOwned

Construction endJune 2016

Current occupancy rate97.46%

2018 Gross revenue (SARm)52.65

2018 Net revenue (SARm)42.80

No. of tenants171

Acquisition Price (SARm)470.21

Top brands owners by Value

The asset is occupied by local and international renowned companies that contribute to the total mall revenue as follow‭‭:‬

Top 10 brands by value