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Al Khobar

Al Rashid Mall Redevelopment

The Al Rashid Mall – Khobar Redevelopment is one of Danah Real Estate’s landmark projects, redefining the future of retail destinations in the Kingdom.

Key Facts

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Signature Areas

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sqm of leasable area

+

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Stores

+

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Restaurants & Cafes​

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Parking Spaces

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Signature Areas

6

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sqm of leasable area

115000 +

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Stores

500 +

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Restaurants & Cafes​

70

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Parking Spaces

5000

Overview

The Al Rashid Mall – Khobar Redevelopment is one of Danah Real Estate’s landmark projects, redefining the future of retail destinations in the Kingdom.

Launched in February 2023 with an investment exceeding SAR 800 million, the project aims to transform the mall into a modern, integrated destination combining retail, leisure, and hospitality within a smart, vibrant environment, scheduled for completion in Q1 2026.

Qaysaria — across more than 115,000 sqm of leasable area, featuring over 500 stores, 70 restaurants and cafés, and 5,000 parking spaces

The project reflects Danah Real Estate’s commitment to developing destinations that enrich quality of life and align with the aspirations of Saudi Vision 2030.

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Al Rashid Mall Redevelopment – Al Khobar