Apartments 131m for rent in Cairo Festival City New Cairo
EGP 18,000 / Month
Apartments 131m for rent in Cairo Festival City New Cairo
Semi-Furnished
2 Bedrooms Apartment for Rent in Cairo Festival City New Cairo By Al-Futtaim Group Real Estate
Cairo Festival City is a new and upcoming real estate development located in New Cairo, Egypt. The project was initiated by Al-Futtaim Group, a leading Middle Eastern conglomerate, to help foster sustainable economic growth in the area. It includes retail, residential and leisure attractions spread over 1.5 million square meters.
The project is being developed in three phases, each one set to bring different experiences. The first phase is centred around a large shopping mall boosted by over 300 stores, a 20-screen cinema, an ice rink and a wide variety of food options. At the same time, the project has been designed with sustainability in mind. The mall has solar panels, energy-efficient lighting systems, motion-activated escalators and more.
The second and third phases of development will focus on residential properties and additional leisure attractions. These include a watersports and beach destination, family entertainment centre and a safe zone for children’s play. The property will also have a high-end hotel, parkland and a private heliport.
Cairo Festival City is set to open in 2021 and is expected to create over 10,000 jobs in the process. It is hoped that the project will bring much-needed foreign direct investment to the area, while providing local communities with quality leisure facilities and entertainment options.
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).
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