EGP 8,100,000
Apartment 3 Bedrooms for Sale in Cairo Festival City - New Cairo By Al-Futtaim Group Real Estate - Delivery Year 2022
Cairo Festival City New Cairo is a new mixed-use development located in New Cairo, Egypt. The development is located on a sprawling 400,000 m2 of land and is set to become the largest shopping, leisure and entertainment destination in Egypt.
The development is a joint venture between the Egyptian government and the Dubai-based Majid Al Futtaim Group. It will feature a variety of retail outlets, entertainment venues, restaurants, hotels, and other services. It is estimated that the development will cost around $2.5 billion to build.
Cairo Festival City will be the first of its kind in Egypt and is expected to become a major tourist destination. It will feature a variety of attractions, including a world-class shopping mall, a cinema complex, an indoor amusement park, a water park, an ice rink, and a variety of other leisure and entertainment facilities.
The development will also feature a number of luxury hotels, such as the five-star Cairo Marriott Hotel & Omar Khayyam Casino, a five-star Radisson Blu Hotel, a four-star InterContinental Cairo Citystars, and a four-star Ritz-Carlton Cairo.
Cairo Festival City is set to open in 2021 and is expected to attract over 10 million visitors each year. It will create more than 10,000 jobs and is expected to contribute significantly to the Egyptian 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).