EGP 36,800,000
Office for Sale in Cairo Festival City - New Cairo By Al-Futtaim Group Real Estate - Delivery Year 2022
Cairo Festival City is a new residential and commercial development located in New Cairo, Egypt. The development is being developed by Talaat Moustafa Group, one of Egypt’s largest real estate developers. The project is set to become one of the largest projects in the Middle East, with a total area of 2.4 million square meters.
Cairo Festival City is designed to be a modern, vibrant, and livable city. It will feature a variety of residential and commercial districts, including a retail district, a business district, a leisure district, and a cultural district. The development is also planned to include a variety of amenities, such as a shopping mall, a cinema, a golf course, and a water park.
The development is located in an ideal location, close to the Cairo International Airport and the Suez Canal. It is also conveniently located near the Cairo Ring Road, which connects it to the rest of the city.
Cairo Festival City is expected to be completed by 2022. Upon completion, it is estimated that the development will be home to over 80,000 people. The project is expected to create over 60,000 jobs in the area and attract over 3 million visitors each year.
The development is part of a larger plan to revitalize Cairo and make it a world-class destination. It is expected to contribute to the overall growth of the city and the economy. In addition, it is expected to provide a much-needed boost to the real estate sector in Egypt.
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).