Hamat Holding is one of Saudi Arabia’s fastest-growing commercial real-estate developers and mall operators. It focuses on creating modern retail and lifestyle destinations across the Kingdom. Since its founding, Hamat has scaled rapidly. Today, it owns and operates multiple shopping centers in major cities. But this is not all! In fact, Hamat is still set to launch new community and regional destinations aligned with Saudi Vision 2030.
Undoubtedly, Hamat is a big name in the Saudi Real Estate industry. Plus, it is a major contributor in making KSA a hub of entertainment and retail. Keep reading to explore what Hamat has been doing in development and infrastructure.
What is Hamat Holding known for in Saudi Arabia?
Hamat Holding is known for its malls and mix-use commercial real estate. Over the years, it has become a prominent name in Saudi development and infrastructure. Hamat malls are built to redefine shopping and entertainment experience in KSA. They feature world-class amenities, cinemas, amusement parks, international brands, and more.
Did you know?
Hamat Holding was founded in 2012. And since then, their mall establishment and management has been commendable.
Hamat is also hosting large-scale events like the Hamat Tabuk Summer Festival to boost tourism and fun among the locals.
Who is the owner of Hamat, Saudi Arabia?
Hamat Holding is part of Asala Holding, and its CEO is Abdullah Al-Tamimi. He is a seasoned real estate expert and has two decades of experience in the industry. He is responsible for keenly overseeing the company’s growth in Saudi retail real estate. Moreover, Hamat Holding was formerly Hamat Property.
How diverse is Hamat’s Portfolio?
Hamat Holding’s portfolio includes a growing network of malls across Saudi Arabia. The Hamat malls feature retail, dining, entertainment, and family attractions. Notable Hamat Holding projects include major hubs in Riyadh, Jeddah, Makkah, and Tabuk.
From regional destinations to community centers, the range of their shopping centers is quite diverse. Hamat Holding is also known for hosting events like the Tabuk Summer Festival. It also builds the company’s reputation in modern lifestyle retail.
| A Sneak Peek at the Hamat Portfolio | |
| Pointer | Details |
| Target Strategy | Regional diversity, Prime Locations, Community Centers |
| Geographic Spread | Riyadh, Jeddah, Makkah, Tabuk, Dammam |
| Ron Rent Revenue | Hamat Tabuk Summer Festival, seasonal and annual events |
| Tenant Mix & Services | Anchor tenants, specialty retail, cinemas, kids’ zones, dining precincts |
| Notable Upcoming Projects | Al Huda Park in Makkah, expansions in Tabuk |
What is the market share of Hamat in Saudi Arabia?
Hamat Holding controls about 22% of the leasable retail area in Saudi Arabia. The company aims to increase its share to 40% by 2030. Some of its anticipated future projects include e Al Huda Park in Makkah (300+ stores) and the Masar Mall in Masar Destination.
Hamat Holding Strategy: How They Build and Operate?
Hamat Holding’s success in Saudi Arabia remains quite amazing. And it stems from a strategic approach. In simpler words, they cracked the code for getting the maximum footfall and the best brands to their malls. The company focuses on innovative mall design, event-driven engagement, and prime locations.
Besides, they have targeted diverse regions and community convenience. All in all, hamat creates sustainable growth and enhances value for tenants, shoppers, and investors.
Portfolio Diversification
Hamat develops a mix of large regional malls alongside community-focused centers serving daily shopping needs. By putting their investment in different cities of KSA, they have strengthened their portfolio quite much. Because they select prime locations, they maximize their footfall too. The location factor is attractive to both investors and shoppers. So, it is one of the factors Hamat uses to boost their growth.
Events to Boost Non-Rent Revenue
Hamat actively integrates events and festivals. After all, these increase visitor frequency and dwell time. This strategy enhances tenant sales and builds brand loyalty. Above all, it positions Hamat malls as lifestyle destinations rather than purely retail spaces. As a result, it allows Hamat to generate revenue streams beyond leasing. A great example of this is the Tabuk Summer Festival at Tabuk Park Mall.
Location-Led Value
Hamat plays smart with locations. It targets regions where there are more tourists and pilgrims. Its upcoming projects are a great example of this. For example, Al Huda Park in Makkah is positioned to be easily reached by tourists, locals, and pilgrims. Besides, all malls are accessible from major routes and city gateways. This step increases the long-term value of Hamat and its malls.
Digital & Experience-First Operations
This is one of Hamat malls’ USPs. The company leverages technology to enhance the mall experience. It has built mall apps, digital event calendars, and smart services. These features improve shopper engagement and simplify tenant operations too. With these tactics, Hamat malls have become modern, digitally-enabled destinations. Moreover, the digital approach differentiates Hamat in the competitive Saudi retail market.
How Many Malls Does Hamat Owns & Operates in Saudi Arabia?
Hamat Holding owns and operates over 16 malls across Saudi Arabia. These are situated in different cities of the kingdom. Each mall offers shopping, dining, and entertainment experiences. Moreover, the flagship Hamat projects are in Riyadh, Jeddah, Makkah, and Tabuk. The best thing is that all these malls are home to the best brands from around the world.
Most Popular Malls in Saudi Arabia by Hamat
Hamat malls are no less than world-class wonders. Step into them for one-of-a-kind experiences. Want to watch a movie? Shopping for groceries? Or enjoy a weekend night out with friends? Well, Hamat malls bring all these experiences to your city. Here are some of the most popular Malls in Saudi Arabia by Hamat Holding.
1. Riyadh Park Mall
Riyadh Park Mall is a flagship mall by Hamat Holding. It is located in the Al-Aqeeq district of Riyadh. The mall covers about 132,000 m² of total floor area, with ~92,000 m² gross leasable area. The mall opened in 2017 features over 300 international and local stores, a large cinema, and more than 70 restaurants and cafés. One of its standout attractions is the Museum of Illusions. It is a must-visit experience if you visit Riyadh Park Mall. It also offers 2,000 parking spots to handle high footfall.
2. Panorama Mall in Riyadh
Panorama Mall by Hamat is a family-oriented retail and entertainment destination in Riyadh. The mall is designed for accessibility and variety. It hosts a wide mix of fashion brands, gold shops, cosmetics, abayas, and more, alongside a full-service supermarket. For entertainment, there’s an AMC cinema and arcade. These are also virtual games and adventure rides for kids. In May 2025, Hamat opened the first exclusive Re-loved sustainable lifestyle store in this mall.
3. Tabuk Park Mall
Tabuk Park Mall is a major Hamat Holding anchor in the northwest of Saudi Arabia. It is located on King Faisal Road. The mall offers more than 77,800 m² of gross leasable space. It features an upscale retail mix, from fashion boutiques to electronics. Plus, there is also a VOX cinema and a family amusement zone. From May 29 to July 31, it hosts the Tabuk Summer Festival. The mall is designed to be a social and lifestyle hub, not just a shopping center. Top of Form
4. Lavanda Park Mall in Abha
Lavanda Park Mall is a key Hamat Holding project in Abha. The mall has a hypermarket and Extra store for essential and grocery purchases. It also has a variety of international brands like Puma, Adidas, and more. There are also beauty outlets like Duknah, Mould, and Sephora at Lavanda Park Mall. It also has Zoom Bowling and other fun games for children Lavanda Mall is designed as a community hub. Its strategic location and family-friendly amenities enhance leisure opportunities in Abha.
5. The Park Mall in Taif
The Park Mall in Taif is known for its green spaces and comfortable public areas. It is located near Taif University and the airport. It is a popular spot among both locals and tourists. After all, it is a hub for both shopping and leisure activities. If you are in Taif, you must visit The Park Mall. The international stores, local shops, diverse dining options, and family-focused entertainment zones are really amazing here.
6. Dareen Mall in Dammam
Dareen Mall is a luxury mall by Hamat Holding destination in Dammam. It has grown to be quite popular among shoppers in Eastern Province. The mall features upscale boutiques, lifestyle brands, premium dining options, and contemporary leisure spaces. You can find big brands like Red Tag, City Max, and Hublot. There is also a water-themed play zone, Splash Sparkys. If you are an animal lover, you can visit Meow Café. Dareen mall offers smooth and spacious parking and prayer rooms too. Besides, the welcoming visitor services make the overall experience even more elevated.
7. Kadi Park Mall in Jizan
Kadi Park Mall is located in the coastal city of Jizan. It is known to offer retail and leisure experience for families and tourists. The mall offers so many options for all kinds of shoppers and visitors. It is home to several international brands like Adidas and Crocs. You can also visit premium beauty and perfume shops here at Kadi Park Mall. If you seek a fun activity, you shouldn’t miss out on Adventure World. It is truly a world of adventure with amazing games, rides, and learning-center activities. It is coastal-coded; you can have a shopping experience with scenic and beachy surroundings.
8. Amwaj Mall in Dhahran
Amwaj Mall is a dynamic Hamat Holding lifestyle destination in the Eastern Province. The mall is a world of the best brands from across the globe and KSA. You can visit the mall for Jarir Bookstore and Extra. Then, there are global favorites like Crocs, Skechers, Polo, and Red Tag. Moreover, there is IKEA too. Your shopping list is sorted at Amwaj Mall. There are also multiple dining options like Al Baik and Applebee’s. Fun lovers can indulge in arcades and a trampoline park. There is also a state-of-the-art cinema here. Truly, Amwaj Mall has something for every age group and need. With modern design and community-focused spaces, this mall is another one of the Hamat wonders.
9. Manar Mall in Madinah
Manar Mall serves as a key retail and leisure hub in Madinah. It is popular among both locals and pilgrims. The mall integrates Islamic architectural motifs with modern design. Plus, you can find everything here. You name it and Manar Mall has it. Here, we mean a mix of local and international fashion, electronics, and lifestyle brands. Then, there are dining spaces and family-friendly entertainment areas too. Explore global brands like Adidas and City Max. Feeling hungry after the spree? You can enjoy Al Baik and Herfy. There is Fun Studio, children’s play areas, and a women-only café and spa too, at Manar Mall, Madina.
10. Azzan Plaza in Jizan
Azzan Plaza is a regional Hamat Holding mall in the Sabya area of Jizan. It is a go-to place for local communities and nearby towns. The mall features a balanced mix of retail, dining, and services. You can explore fashion outlets, electronics stores, and casual restaurants. It also hosts seasonal cultural events to engage the local population. You should know that Azzan Plaza offers open spaces and a community-oriented design. People can have a convenient shopping experience here with social interactions.
11. The Village Mall in Jeddah
The Village Mall is a lifestyle and retail destination in Jeddah. It is designed to cater to both locals and tourists. It features the largest Nike store in the area. There are so many other international brands too. Besides, the dining options at the Village Mall are also diverse. You can enjoy play areas and casual recreational zones too. The mall has an eco-friendly design with greywater recycling and solar panels. It also features a state-of-the-art cinema with world-class features.
Fun Fact!
The Village Mall is Jeddah’s first mall and boulevard.
12. Alia Plaza in Riyadh
Alia Plaza is a community-focused retail hub in Riyadh. The mall features a mix of local stores, cafés, and casual restaurants. People come here for grocery shopping, home improvement, fashion, electronics, and more. Its layout encourages social interaction and community gatherings. Shoppers love it for the comprehensive and comfortable shopping experience it offers. Popular shops at Alia Plaza are Hyper Panda, SACO, Brands for Less, Max, etc. Food options are Chili’s, Baskin Robins, Tim Hortons, etc.
13. Abhur Plaza in Jeddah
Abhur Plaza is located in coastal Jeddah. It is a favorite of both locals and tourists in Jeddah. The mall features a mix of fashion stores, electronics, and casual dining, complemented by family-friendly zones. The shopping options can fit all kinds of shopper’s desires. From fashion and accessories to beauty, electronics, and home décor, there is something for everyone. Visitors can also enjoy seasonal promotions, exclusive discounts, and engaging events here at Abhur Plaza. Besides, it is home to global cafés like Starbucks and Cinnabon.
14. Myan Yard in Makkah
Myan Yard is a lifestyle and retail destination in Makkah’s Al-Shara’i district. The mall features a mix of international and local fashion brands, dining outlets, and family entertainment spaces. It is a shopping hub with everything you’d ever want in one place. Its modern architecture incorporates spacious layouts and community-friendly zones. Myan Yard is also a heaven for foodies and coffee lovers. There is Half Million Café, a must-visit spot if you are at Myan Yard.
| Mall | Location | Notable Brands |
| Riyadh Park Mall | Al-Aqeeq district, Riyadh, Northern Ring Road | Gucci, Dior, Tommy Hilfiger, H&M, Crocs, JD Sport, Victoria’s Secret, Virgin Megastore |
| Panorama Mall | Takhassusi Road, Al Ma’thar Al Shamali, Riyadh | Marks & Spencer, Hublot, Danube hypermarket, Jarir Bookstore, Zara |
| Tabuk Park Mall | Intersection of King Faisal Road & Prince Fahad bin Sultan Park, Tabuk | Cinema, arcade, family entertainment, fashion boutiques |
| Lavanda Park Mall | King Fahd Road, Al-Mozvin, between Abha and Khamis Mushait | Mango, Skechers, Dior, The Body Shop, Sephora |
| The Park Mall | Opposite Taif University, near Taif Airport, Al Jawhara District, Taif | Centerpoint, Max, Faces, cinema, dining |
| Dareen Mall | Khaleej Road, Al Aziziyah, Dammam | RED TAG, Mango, H&M, Hyper Panda |
| Kadi Park Mall | Corniche Rd, Al Shati, Jizan | Arabian Oud, Adidas, Crocs, Cardiel, Derrah |
| Amwaj Mall | Prince Faisal Bin Fahad Road, Al Dawhah Al Janubiyah, Dhahran | Al Baik, Applebee’s, IKEA, trampoline park |
| Manar Mall | 8352 King Abdullah Branch Rd, Al-Wabra, Madina | Mix of fashion and lifestyle brands (local and international) |
| Azzan Plaza | Sabya, Al Rehab District, along King Abdul Aziz Road, Sabya, Jizan Province | Regional retail stores (local + international) |
| The Village Mall | Prince Talal bin Mansour Road, near Al Jawhara Stadium, North Jeddah | Lifestyle brands, cinema, F&B shops, lagest Nike store in the area |
| Alia Plaza | Abi Bakr As Siddiq Rd, Ar Rabi District, Riyadh | Hyper Panda, SACO, Brands for Less, Max |
| Abhur Plaza | Abhur District, Jeddah, Saudi Arabia | Dining, fashion, local services, and more |
| Myan Yard | Al-Shara’i District, Makkah, Saudi Arabia | Danube supermarket, perfumes, budget fashion brands, Half Million Café |
Upcoming Projects by Hamat in Saudi Arabia
Hamat Holding is expanding in Saudi Arabia with several new malls. The company is building them to refine the shopping scene of the kingdom even more. Each project is designed for both Saudi communities and tourists. The developments support Vision 2030 as they boost the economy and bring in global tourism.
1. Al Huda Park in Makkah
Al Huda Park is a super-regional Hamat Holding mall under development in Makkah. It is located along the Fourth Ring Road to serve both pilgrims and local residents. The mall plans to cover 50,000+ m² and host 280+ retail outlets. It will offer ravishing all-in-one experiences in a single destination. The design emphasizes modern architecture while accommodating large visitor volumes. Al Huda Park aligns with Saudi Vision 2030 in the most diverse way. After all, it is being built to appeal to people in Saudi Arabia and tourists visiting it. Al Huda Park is said to open in 2027.
| Feature | Details |
| Location | Fourth Ring Road, Makkah (accessible to entire city within 13 minutes) |
| Type | Integrated retail, dining, and leisure destination |
| Gross Leasable Area (GLA) | 50,000 sqm |
| Annual Visitors | 12 million |
| Parking Spaces | 1,300+ |
| Number of Outlets | 280+ |
| Retail Mix | Global brands, regional favorites, and international stores |
2. Masar Mall in Makkah
Masar Mall is another under development project in Makkah by Hamat. It is set to become a prominent retail and lifestyle destination in the city. And it will span over 71,000 m² with over 130,000 m² of leasable area. It will host fashion, electronics, dining, and entertainment options. It is located near Haramain Railway western entrance to achieve high foot traffic from travelers and locals.
| Feature | Details |
| Total Gross Leasable Area (GLA) | 63,000+ sqm |
| Retail Area | 38,000+ sqm |
| Food & Beverage (F&B) Area | 19,000+ sqm |
| Entertainment Area | 2,000+ sqm |
| Annual Footfall | 20 million+ |
| Location and Access | Direct access to Haramain High-Speed Railway and Metro |
| Positioning | Ultra-luxury destination |
Popular Events in Saudi Arabia by Hamat
Hamat Malls host vibrant events throughout the year. These events combine entertainment, and cultural experiences. Families, tourists, and locals can enjoy these festivities. These events are designed to bring communities together. Here are some of the popular ones from 2025.
1. Tabuk Summer Festival 2025
Dates: May 29 – July 31, 2025
The Tabuk Summer Festival 2025 offered a spectacular season of joy and Saudi culture. Visitors loved it for the live shows, food festivals, interactive games, and family-friendly activities. One vibrant destination and countless fun opportunities. The festival promotes community engagement and tourism and the Tabuk Park Mall was proud to host it.
2. Founding Day Festival 2025
Dates: February 21 – 22, 2025
Hamat Malls celebrate Founding Day in full swing. They give a glorious tribute to Saudi heritage and creativity. During this holiday, visitors were able to enjoy traditional craft exhibitions, folk performances, interactive children’s activities, and a special photo corner. The celebration was filled with art and entertainment. Surely, these were one of the best festive Founding Day experiences.
3. Hamat Shopping Festival 2025
Dates: January 8 – February 10, 2025
The Hamat Shopping Festival brings winter magic to Hamat Malls. Visitors love this festival for exclusive shopping deals, entertainment, and creative experiences. After all, they can explore several lifestyle and dining promotions. Plus, there are a ton of interactive workshops and family activities too. This year, the festival had a lively atmosphere that engaged all age groups, from kids to adults.
4. Back to School Celebration 2025
Dates: August 22 – 28, 2025
Hamat Malls welcomed the new academic year with a Back to School Celebration. They created a joyful and inspiring atmosphere for students and families. The event featured interactive activities, educational games, and entertainment zones. It was all about learning with fun! The event encouraged family participation and community engagement. The best thing: it made the start of the school year memorable for children across the Kingdom.
5. Graduation Celebration 2025
Dates: June 1 – 4, 2025
The Graduation Celebration honored the achievements of students across Saudi Arabia. Hamat Malls hosted ceremonies, photo opportunities, and interactive activities. All of this was done to recognize graduates’ hard work and dedication. Families and friends joined the celebrations to share in the joy of this milestone.
Note: The ticket bookings for all the events held by Hamat malls are available on their official website.
Conclusion
Shopping in Saudi Arabia is incomplete without Hamat Malls. From Riyadh to Tabuk, the holding is elevating retail experiences all across Saudi Arabia. And not just retail or shopping, they are also making positive progress in the entertainment scene. There are international level cinemas, play areas, fun zones for adults, and so much more. Then comes dining. Anything you are craving, you will find at these malls. It’s great and revolutionary for Hamat to focus on making luxury and entertainment so accessible. And this is the reason why it has established itself as a big name in Saudi Real Estate.