EGP 3,700,000
Apartment 3 Bedrooms for Sale in Cairo Festival City - New Cairo By Al-Futtaim Group Real Estate
Cairo Festival City is a new development located in the heart of New Cairo, Egypt. The development is a mixed-use project that includes residential, retail and commercial components. The development is the largest of its kind in the Middle East and North Africa region and is expected to become a major hub for the city.
The development is located on a 1.6 million square meter site and is estimated to cost $3.5 billion. The project is being developed by Emaar Misr, a subsidiary of Dubai-based Emaar Properties. The development is expected to be completed by 2021.
The development will include a variety of residential options, including villas, townhouses, apartments and penthouses. There will also be a shopping mall, a multiplex cinema, restaurants, cafes, a business park, a medical center and a water park.
The development will also feature a variety of leisure activities, including an 18-hole golf course, a jogging track, cycling paths, a football pitch and a tennis court. The development will also have a number of public parks and green spaces.
Cairo Festival City is expected to become a major hub for the city and will provide employment opportunities for thousands of people. The development is also expected to attract tourists from around the world and will help to boost the local economy.
Cairo Festival City Cairo Festival City is being designed by the internationally renowned firms of Callison, WATG and 5+DESIGN. Cairo Festival City features a premier indoor-outdoor retail and entertainment resort combined with spectacular luxury residential communities (Villas and Apartments), prime office spaces, internationally renowned hotels and an automotive park all set within a beautifully landscaped environment. Cairo festival City will be a state-of-the-art super regional centre and retail showcase in Greater Cairo and Egypt’s premier indoor outdoor, shopping, dining and entertainment destination. Encompassing the finest shopping, dining, entertainment, homes, school, offices and leisure, Cairo Festival City is connected by an internal road network and a necklace of parks interlaced throughout the city. Upon completion, Cairo Festival City will be home to over 13,000 residents in villas and apartments and a place to work
Al-Futtaim Group Real Estate Al-Futtaim Group Real Estate (AFGRE) is the real estate development and operations arm of Al-Futtaim group which is headquartered in Dubai. AFGRE is responsible for the origination, conception, development, procurement and construction of mega projects and the leasing, sales and operation of these projects after completion. In addition, AFGRE develops and operates an extensive multi-million dollar portfolio of individual corporate real estate and investment assets across the MENA region. The two current flagship mixed use urban communities under the Festival City brand are the award winning, Dubai Festival City (5.2 million square metres) and Cairo Festival City (3 million square metres).