Wabel Al Arabia is an established Retail Real Estate Developer of ambition and a commitment to greatness.
We own and manage one of the largest, most diverse Shopping Centre portfolios in the Kingdom of Saudi Arabia. Today, Wabel’s combined portfolio consists of 23 malls - and growing - with a collective Shopping Centre Space of over 1.5 Million square meters (Built-up area).
Our structures are widely revered to be amongst the top ranking malls in the Kingdom. Additionally, our upcoming Malls planned for opening in the near future that will, undoubtedly, place them on the map of Saudi Arabia as contenders for the best shopping experience in the region.
Our goal is to invest in niche, untapped “B-City” markets within the Kingdom to enjoy first mover benefits, and build regional destination malls in “Category A” cities with strategic placements in, and within, prime locations in the Kingdom of Saudi Arabia, either on long-term lease or privately owned lands.
The properties are planned to be anchored by long term tenants with major local and international retailers and will cater to a wide, cross-section of high quality specialty retailers and national chain operators. The projects will be best known as Al Makan Malls and/or Plazas; a new brand developed by Wabel Al Arabia, named as such, to highlight its presence at the center of all happenings.
Finally, we aim to introduce and establish quality-controlled and customer-centric Hospitality services that provide unmatched, and unparalleled offerings that will redefine the sector. In addition, we aim to usher in a new level of consistent, innovative and value-focused services within the Food & Beverage sector, adhering to customer service and international standards.
By epitomizing the notion of an absolute shopping experience, establishing investment opportunities that identify with local and international markets, creating long-lasting partnerships with unique investors, all of which are held together by maintaining world-class business practices, we envision ourselves to becoming the leading destination for quality development built on the foundations of highly capable, trained and motivated teams dedicated to achieving excellence.
To achieve our mission, we go beyond the development of shopping malls by ensuring our destinations consisting of unprecedented locales for unique approaches to absolute experiences ranging from food & beverage, luxurious hospitality and entertainment for all family members across the Kingdom and GCC. By abiding to proven, and consistent investment philosophies, we aim to achieve viable and noteworthy returns for our partners, shareholders, client and staff.