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SOUQ7 An Exciting Experience is Underway
An Exciting Experience is Underway
Souq7 is the future comprehensive shopping and retail destination, located in the heart of Jeddah. “Souq7”, developed by “Azad Properties”, is eagerly anticipated by Jeddah’s residents and visitors. The city of Jeddah is awaiting the opening of the largest market that showcases a contemporary concept for traditional shopping. The project combines the best aspects of Saudi bazaars and traditional markets to enhance the concept of shopping and entertainment in Jeddah and work to raise the quality of life in the city.
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Souq7 will be the entertainment and shopping destination of choice for many customers as it integrates the heritage, culture and traditions that characterize Saudi bazaars and markets, with a modern infrastructure that provides contemporary amenities for both tenants and shoppers. Work continues around the clock on developing Souq7 to be one of the most important shopping destinations in Jeddah, as it is a complex that encompasses all the latest in shopping and lifestyle destinations.
The Souq7 project focuses on providing ways to accelerate the pace of economic development for the city of Jeddah, creating job opportunities, in addition to providing attractive opportunities for developers, retailers and investors. The strategic plan of Souq7 provides a comprehensive framework that redraws the surrounding area in the province of Jeddah
Ayman Al Burti
CEO AZAD PROPERTIES
and enhances the renovation initiatives taking place in the neighbouring sites to raise their efficiency and help in overcoming all unexpected challenges in the best manner.
“The 7 is there for a reason”
Souq7 is divided into seven zones, providing seven main themes, and each zone has a unique character that reflects a special shopping experience. Souq7 visitors will find a wide range of retail stores and services that meet the daily needs of the residents of Jeddah and its suburbs. The 7 zones are: Foods Stuff Zone, Family and Entertainment Zone (which includes Traditional Market Zone, Entertainment Zone, and Fashion Zone), Multi-Use Zone, Furniture and Home Supplies Zone, Electronics Zone, Building Materials Zone, and Automotive Zone.
With an impressive strategic location and a rental area of more than 400,000 square meters, Souq7 is set to become one of the largest retail complexes in the Makkah region. 80% of the first phase has been completed, and construction work for the second phase of the project has been handed over to one of the well-known contracting companies – under the umbrella of Azad Properties. This contract was signed to start the construction operations for the second phase of Souq7, which covers a building area of more than 100,000 square meters for 53 buildings, including two mosques and public facilities. The ambition is to complete work on this phase within the next twelve months. More than 60% of the commercial spaces have been rented, which include spaces in the furniture, home, automotive, and the traditional market zones. The doors of leasing have been opened to welcome entrepreneurs wishing to choose from 354 available showrooms in the fashion zone. It is worth noting that the first phase, which includes the furniture and home zone and the electronics zone, will be opened in 2022.
The project aims to spread joy, advance popular shopping concepts, offer promising opportunities, businesses, jobs, and benefits to revive and diversify entertainment choices, improve the quality of life, and contribute to the betterment of our beloved country.
