EGP 26,000 / Month
3 Bedrooms Apartment for Rent in Cairo Festival City New Cairo By Al-Futtaim Group Real Estate
Cairo Festival City is a new residential and commercial development in New Cairo, Egypt. The project is being developed in partnership between the Egyptian government, private investors, and the international developer, Emaar Properties.
The project is located on a 1.7 million square meter site in New Cairo, and is one of the largest real estate developments in the Middle East. The development will include a mix of residential, commercial, and leisure facilities, including a shopping mall, a hotel, a golf course, and a range of other amenities.
The project is expected to create up to 10,000 jobs and attract an additional 5,000 visitors to the area each day. It is estimated that the development will generate up to $1 billion in revenue for the Egyptian economy.
The development is part of the Egyptian government’s efforts to attract foreign investment and to develop the country’s infrastructure. It is expected to be completed by 2021.
The project is located in an area that is already home to several international schools, universities, and hospitals. It is also close to the Cairo International Airport and the Suez Canal.
The development is expected to provide a significant boost to the local economy, as well as to the overall economic development of the country. It is hoped that the development will help to attract more foreign investment to 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).