Iran Mall — Tehran, Iran

Opened in 2018, its 2,500 shops achieve 70% foot traffic growth year-over-year, twice the average for new megamalls in the region, which typically see 35%. The complex's 5-star hotel and convention centre host 500 events annually, generating $200 million in ancillary revenue — a figure 30% higher than the typical mid-tier global mall, which averages under $154 million.