5 Bedrooms Villa for Sale in Cairo Festival City New Cairo By Al-Futtaim Group Real Estate
Cairo Festival City is a large integrated development located in the heart of New Cairo, Egypt. The project is a major urban development for the country and is expected to become the largest of its kind in the Middle East.
The project is being developed by Al-Futtaim Group, one of the leading retail, hospitality and real estate developers in the region. The project is spread over an area of 1.5 million square meters, and includes a wide range of features, such as residential and commercial buildings, shopping malls, entertainment venues, a business park, schools, hospitals and more.
The project will be divided into four distinct areas: the retail district, the residential district, the business district and the leisure district. The retail district will feature several shopping malls, including the Mall of Egypt, which is the largest mall in the region. The residential district will include a variety of housing options, ranging from luxury apartments to villas. The business district will include office buildings, hotels, and other commercial spaces. Finally, the leisure district will include a variety of entertainment venues, such as cinemas, restaurants, and cafes.
The project is expected to be completed by 2021, and will be a major boost to the economy of New Cairo and the whole of Egypt. It will provide employment opportunities for the local population and attract tourists from around the world. It is expected to be a major driver of economic growth in the region, and will provide a much-needed boost to 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).