Cairo Festival City is a large-scale mixed-use development located in New Cairo, Egypt. The development covers an area of 3 million square meters and includes residential, commercial, and entertainment facilities.
The development is owned by Al-Futtaim Group, a Dubai-based conglomerate that has a presence in over 30 countries. The company has invested over $2.7 billion in the development of Cairo Festival City, making it one of the largest private sector investments in Egypt.
The residential component of Cairo Festival City includes a range of housing options, from apartments to villas. The development features over 2,000 residential units, with prices ranging from $150,000 to $2 million.
The commercial component of Cairo Festival City includes a shopping mall, office buildings, and a hotel. The shopping mall, Festival City Mall, is one of the largest in Egypt, with over 300 stores and restaurants. The mall also features an indoor amusement park, a cinema complex, and a hypermarket.
The office buildings in Cairo Festival City are designed to meet the needs of multinational corporations and local businesses. The development features over 250,000 square meters of office space, with state-of-the-art facilities and amenities.