EGP 3,700,000
3 Bedrooms Apartment for Sale in Cairo Festival City New Cairo By Al-Futtaim Group Real Estate
Cairo Festival City is a new development project located in New Cairo, Egypt. The project is a mixed-use development that will include residential, commercial, and leisure facilities. The project is set to be one of the largest developments in the region and is expected to be a major draw for tourists and investors.
The project was launched in 2017 and is being developed by a joint venture between the Dubai-based Al-Futtaim Group and the Egyptian government. The project is expected to cost around $5 billion and is expected to be completed by 2022.
The development will include a number of residential complexes, a shopping mall, a hotel, a convention center, and a theme park. The shopping mall will be one of the largest in the Middle East, with more than 400 shops, restaurants, and entertainment options. The hotel will feature over 500 rooms and will be managed by the Ritz-Carlton. The convention center will be able to accommodate up to 10,000 people and will feature state-of-the-art facilities. The theme park will feature a variety of rides and attractions.
Cairo Festival City is expected to create more than 10,000 jobs and will provide a major boost to the local economy. The project is also expected to attract more tourists to the area, which will help to increase the demand for services and products in the area.
Overall, Cairo Festival City is an ambitious project that is expected to have a major impact on the local economy and tourism industry. The project is expected to be completed by 2022 and will be a major draw for tourists and investors.
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).