OPAL Shopping Center

Name

OPAL Shopping Center

Legal name

OPAL Shopping Center (مرکز خرید اُپال)

Website

https://opalshoppingcenter.com

Company type

Private

Operating status

Operating

Headcount range

11–50 employees

Ownership category

akta.pro rank

Product category

Shopping Mall Operations

NAICS

Department Stores (455110), Department Stores (4551)

SIC

Retail-Misc General Merchandise Stores (5399)

akta.pro primary industry

Regional Department Store–Anchored Multi-Category Retail (Store-in-Store) (CRAGAFAH)

akta.pro secondary industries

Accessories-Forward Specialty Department Stores (Handbags/Small Leather Goods) (CRAGAGAI), Luxury Department/Flagship & Multi-brand Boutiques (Jewelry/Watches) (CRAKAGAF)

Keywords

• Retail space leasing
• Shopping center management
• Commercial real estate
• Mixed-use development
• Mall operations services

Headquarters

HQ city

Tehran

HQ country

Iran

HQ region

Middle East

Offices1 record

Markets served

GTM type

B2B

Offering type

Services

Cost components

Operations, Personnel, Infrastructure, Marketing or Sales, Others

Revenue model

1. Retail Space Leasing: OPAL generates revenue by leasing commercial retail space to various brands and tenants across its 18 commercial floors. Tenants include fashion retailers, jewelry stores, electronics shops, restaurants, cafes, and service providers.

Go-to-market motion1 record

Distribution channels1 record

Marketing channels3 records

Core offering

OPAL Shopping Center is a large mixed-use commercial, office, and entertainment complex in Tehran, Iran, spanning 18 commercial and office floors plus 7 parking floors. It generates revenue primarily by leasing retail space to fashion, jewelry, electronics, cosmetics, and service tenants, and directly operates consumer-facing amenities such as a women's-only space (OPAL SHE), car care, dry cleaning, tailoring, grooming, pharmacy, and children's entertainment centers.

Product overview

OPAL Shopping Center is a major mixed-use commercial, office, and entertainment complex in Tehran, Iran, featuring 18 commercial/office floors and 7 dedicated parking floors. The center operates as a platform hosting diverse retail stores and lifestyle services. The portfolio includes OPAL SHE, a dedicated women-only space, alongside fashion and clothing stores (Superdry, Jeanswest, Rees, ADL, Soha, Piano), jewelry and gold stores (Nika, Milli, Sanjaaq, Goharbin, Eli Gallery, Sadi Gold, Doris), electronics retailers (Samsung, Xiaomi, Apple Store, Hamahang Group, Takht Jamshid, Kargadan Games), leather goods shops (Orez, Maral Leather, Novin Charm, Mashad Leather, Dorsa), cosmetics and perfume stores (Safir, Roja, Wojooh, Tropicana), eyewear stores (Milan Optic, Zeiss), sports apparel (Bilcee), and children's entertainment centers (Iglooland, Jobzee Town, Jobzee Junior). Services include car detailing (Refresh, Quick Service Refresh, Refresh Valet), professional cleaning (Digiwash), tailoring (ERN), grooming (F Man, Meysam Kids Salon), jewelry workshop (Dreama Gold Gallery), pharmacy (Opal Drugstore), and pet supplies (Pet Dream). The center positions itself as a destination beyond shopping, combining retail with entertainment, wellness, and memorable experiences for families.

Differentiator

Problem solved

Functional benefit

Brands

• OPAL SHE (اُپال شی): A dedicated space designed exclusively for women within the shopping center
• OPAL Drugstore (داروخانه اپال)

Products and services

• OPAL SHE (اُپال شی) A dedicated space within OPAL Shopping Center exclusively designed for women, offering a tailored shopping and entertainment experience for female visitors.
• Refresh (رفرش) Professional car detailing service offering deep cleaning and disinfection of interior surfaces, scratch removal, paint polishing, and ceramic protection for vehicles.
• Quick Service Refresh (کوئیک سرویس رفرش) Express automotive service providing oil changes, periodic maintenance services, and quick vehicle refresh treatments for car owners.
• Refresh Valet (رفرش وله) VIP parking service offering a calm and equipped environment for vehicle storage with careful supervision.
• Digiwash (دیجی واش) Specialized dry cleaning and professional washing service delivering high-quality cleaning with attention to detail.
• ERN (ارن) Custom tailoring service creating bespoke clothing with premium fabrics and modern elegance, offering personalized fit and styling.
• F Man (اف من) Men's grooming salon providing professional hair cutting, beard trimming and styling, and other related services in a modern environment.
• Meysam Kids Salon (میثم کیدز سالن) Specialized children's hair salon offering professional grooming services in a safe, child-friendly environment.
• Dreama Gold Gallery (دریما گلد گالری) Specialized gold and jewelry workshop offering jewelry design and crafting, gold plating, polishing, repair, and restoration services.
• Opal Drugstore (داروخانه اپال) Pharmacy providing various medications, health products, and care items with reliable and professional service.
• Pet Dream (پت دریم) Specialized pet store offering various pet food, accessories, and quality products for pet health and comfort.
• Iglooland (ایگلولند) Entertainment-educational complex for children aged 2-7, providing a fun and safe space for play, learning, and growth through targeted workshops.
• Jobzee Town (جابزی تاون) Children's learning-through-play facility where children develop skills such as responsibility, cooperation, creativity, and self-confidence.
• Jobzee Junior (جابزی جونیور) Specialized play space for children aged 7-13 with sports-themed, movement-based, and exciting games and activities in a safe environment.

Named customers5 records

Segments3 records

Ideal customer profiles2 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Scale indicators1 record

Recent moves4 records

Expansion highlights4 records

Broad incumbents

• Westfield (URW): Global operator of premium shopping destinations. Comparable to OPAL in operating model (multi-tenant leased retail floors, common-area management, parking, and event programming), though at vastly greater scale and geographic diversification.
• Mall of the Emirates: Major Dubai shopping and entertainment complex featuring international fashion, electronics, and indoor entertainment. Comparable to OPAL in combining premium retail with destination entertainment in a Middle Eastern context.
• Dubai Mall: One of the world's largest shopping and entertainment destinations, anchored by 1,200+ retailers and major entertainment attractions. Comparable to OPAL as a large-scale mixed-use retail and entertainment complex serving premium regional consumers, though at a materially larger scale.

Regional players

• The Avenues: One of the largest premium shopping malls in Kuwait and the Gulf region, comparable to OPAL in scale, luxury tenant curation, and multi-floor retail + entertainment format. Relevant regional peer for benchmarking premium mall economics in the Middle East.
• City Centre Mirdif: Major Dubai shopping and entertainment destination operated by Majid Al Futtaim, comparable to OPAL in family-oriented retail mix, entertainment anchors, and premium tenant curation within the Middle East retail landscape.

Direct peers

• Palladium Shopping Center: Major Tehran shopping center offering fashion, jewelry, electronics, and entertainment across multiple floors. Directly comparable to OPAL in tenant mix, target customer (premium Tehran consumers), and physical retail destination format.
• Kourosh Shopping Mall: One of the largest shopping malls in Tehran, Iran, operating as a multi-floor retail and entertainment complex with a comparable mix of international brands, dining, and entertainment. Directly comparable to OPAL as a Tehran-based mega-mall operator serving the same premium consumer base.
• Tirajeh Mall: Tehran-based shopping mall offering diverse retail, dining, and entertainment in a multi-story format. Comparable to OPAL as a domestic direct competitor targeting similar Tehran consumer segments.
• Mall of Tehran (Kordan Mall): Large multi-purpose shopping and entertainment complex in the Tehran area, comparable to OPAL in scale, mixed-use format, and focus on premium Iranian retail consumers.
• Persian Gulf Mart Complex: Major Tehran shopping and entertainment complex combining retail, dining, and leisure. Comparable to OPAL as a regional multi-category retail destination targeting premium Tehran shoppers.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat3 records

Key risks6 records

Key highlights7 records

Customer concentration

• LinkedInlinkedin.com/company/opal-shoppping-center

Revenue estimate

Valuation estimate

Number of profiles

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about OPAL Shopping Center