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Executive Summary

Kingdom Outlet Mall will convert a 40,000 sqm completed shell in Hufuf (Al-Ahsa, Eastern Province) into the region’s first true outlet, entertainment, and food hub.
The project offers 25,000 sqm of leasable space across roughly 250 retail units, anchored by a 6,000 sqm Hypermarket and a 4,000 sqm indoor Snow Park, both support ed by a 5,000 sqm Food Hall.
Outside the GLA, the forecourt will host food-truck bays, EV-charging stations, a car spa and other auto-oriented services that extend dwell time and diversify revenue. The mall will open at 75 % occupancy in July forecast to 2026, reach 90 % by July 2028, and is attract ~4 million visits annually at maturity. At that stage, gross tenant sales are projected near SAR 50 million,.
The accompanying report details the leasing rates and timetable, tenant-mix rationale and operational considerations required to deliver Eastern Province’s destination outlet by mid-2026, generating robust real-estate yields while aligning with Vision 2030 goals for regional leisure infrastructure.