Arabian Centres Company, a large owner, developer and operator of contemporary lifestyle centers in Saudi Arabia, has announced the launch of its latest lifestyle development, Jawharat Al-Khobar Mall.
The company signed a lease and investment contract for an area of around 300,000 square meters, located north of Al-Khobar city in Al-Kurnaish district.
The SAR 51.5 million (USD 13.7 million) annual lease agreement will see the SAR 1-1.3 billion (USD 266 million – 346 million) development of Jawharat Al-Khobar Mall, the third lifestyle destination to be launched by Arabian Centres, complementing its two existing Jawharat locations in Riyadh and Jeddah.
Expected to open before the end of 2026, the mall will feature immersive entertainment areas, including a cinema, indoor and open spaces, landscaped green areas, an artificial lake and a walkway. There are also plans to include mixed-use facilities at the development at a later stage.
Jawharat Al-Khobar is Arabian Centres Company’s sixth location in the Eastern Province of Saudi Arabia and the 30th in its portfolio of existing malls and upcoming projects.