Real Estate

Cairo Festival City: New Cairo Compound by Al-Futtaim Group

Cairo Festival City is a massive integrated residential complex in New Cairo developed by Al-Futtaim Group Real Estate. Spanning over 750 acres, it offers a unique lifestyle experience, combining residential, retail, leisure, entertainment, and dining options in an eco-friendly, self-sufficient community. The compound is at the gateway to New Cairo, just five minutes from Cairo International Airport.

The complex provides a diverse selection of housing choices, including spectacular villas and apartments designed to cater to the needs of different lifestyles. The neighborhood is enveloped by picturesque scenery and lush greenery, creating a serene atmosphere for residents to unwind and enjoy. Cairo Festival City is adjacent to other essential compounds in New Cairo, such as Lake View, Hyde Park, and Katameya Heights. It is surrounded by the most important shopping malls in New Cairo, such as Downtown Mall and Point 90.

Cairo Festival City Mall, spanning 160,000 square meters, stands out as the country’s premier shopping and entertainment hub. It boasts more than 310 stores, including Egypt’s inaugural IKEA, 50 dining establishments, a spacious food court, and ample parking with 7,000 spaces. The mall is just one of the many attractions that make Cairo Festival City a unique and desirable place to live.

Cairo Festival City

Overview of Cairo Festival City

Cairo Festival City represents an innovative mixed-use urban development by the Al-Futtaim Group. Spanning over three million square meters (700 acres), Cairo Festival City is strategically located at the gateway to New Cairo, one of Egypt’s most sought-after residential areas.

Strategic Location

Cairo Festival City’s strategic location provides easy access to the Fifth Settlement, Ring Road, and Cairo International Airport. It is also near the Nasr City and Heliopolis districts, making it convenient for residents and visitors.

Vision and Design

Cairo Festival City is a self-sufficient “city within a city” designed to provide residents with a complete lifestyle experience. The community features a mix of residential, retail, leisure, entertainment, and dining options, all within an eco-friendly environment. The community’s design is inspired by modern architecture and focuses on creating a vibrant and dynamic atmosphere.

Its centerpiece is the Festival Centre, a premier indoor-outdoor shopping and entertainment destination. Cairo Festival City has also attracted leading educational institutions, such as American and German universities, making it a popular location for students and faculty.

Cairo Festival City

Real Estate Opportunities

Cairo Festival City, developed by Al-Futtaim Group Real Estate, offers many luxurious residential properties. The compound, which spans over 750 acres, is strategically located in the heart of Fifth Settlement, New Cairo.

Luxury Villas

Cairo Festival City features a collection of elegant villas that are designed to provide residents with a luxurious lifestyle. The villas are available in sizes and styles, from three to six bedrooms. They have modern amenities and offer spacious living areas, private gardens, and swimming pools.

Spacious Apartments

The compound also offers a selection of spacious apartments designed to accommodate various preferences and lifestyles. The apartments range from one to four bedrooms and are designed to provide maximum comfort and convenience. They feature open-plan living areas, modern kitchens, and balconies that offer relaxing views of the surrounding areas.

Exclusive Duplexes

Cairo Festival City also offers exclusive duplexes that provide residents with a unique living experience. The duplexes are designed to offer maximum privacy and feature private entrances, spacious living areas, and private gardens. They are available in sizes and styles, from three to six bedrooms.

Modern Townhouses

The compound also features modern townhouses designed for families and individuals who prefer a contemporary lifestyle. The townhouses are available in sizes and styles, ranging from three to five bedrooms. They offer spacious living areas, private gardens, and modern amenities.

Cairo Festival City

Elegant Penthouses

Cairo Festival City also offers elegant penthouses that provide residents with a luxurious living experience. The penthouses are available in sizes and styles, ranging from two to four bedrooms. They feature spacious living areas, private terraces, and stunning views of the surrounding areas.

Commercial Spaces

Cairo Festival City provides a range of commercial spaces tailored to suit diverse business requirements. The commercial spaces are located in the heart of New Cairo, making them easily accessible to customers and employees alike.

Retail Outlets

Cairo Festival City Mall is a premier indoor-outdoor shopping and entertainment destination. It features over 310 stores, including international brands, hypermarkets, and banks. The mall spans a land area of 160,000 square meters and includes a food court, restaurants, and 7,000 parking spaces. The mall provides a distinctive shopping experience, offering different services and products to fulfill customer’s diverse needs.

Cairo Festival City

Prime Office Spaces

Cairo Festival City offers prime office spaces in The Podium, a commercial complex designed to cater to the needs of the new generation of entrepreneurs. The Podium includes six five-story buildings with panoramic views of the area, plazas, and private recreational areas. Equipped with state-of-the-art retail spaces, The Podium offers a distinctive opportunity for businesses to establish themselves in a prime location.

Administrative Units

Cairo Festival City offers administrative units for businesses looking for a professional environment in which to conduct their operations. The administrative units are designed to cater to the needs of different businesses, with customizable spaces to suit different requirements. The units are equipped with modern facilities and services, ensuring an environment conducive to comfort and productivity.

Cairo Festival City

Lifestyle and Leisure

Cairo Festival City, developed by Al-Futtaim Group, offers a luxurious lifestyle with various leisure and entertainment options. The compound boasts an eco-friendly and self-sustaining community with unique and innovative features. Thanks to the imagination and expertise of Al-Futtaim developers, residents can enjoy a lifestyle where all their choices are at hand.

Shopping and Dining

Cairo Festival City is home to a premier indoor-outdoor shopping and dining destination. Among Egypt’s most extensive, Festival City Mall showcases over 300 international and local brands spanning high-end fashion, electronics, and home decor. Additionally, the mall boasts a food court and different restaurants and cafes serving a variety of cuisines from around the globe.

Entertainment Destinations

The compound offers a range of entertainment destinations, including a cinema complex, a family entertainment center, and a sports club. The cinema complex, managed by VOX Cinemas, showcases the newest blockbuster films with cutting-edge technology. Magic Planet, the family entertainment center, provides a variety of indoor games and activities suitable for all ages. The sports club, located in the city’s south end, features a range of sports facilities, including tennis and squash courts, a fitness center, and a swimming pool.

Cairo Festival City

Health and Wellness Facilities

Cairo Festival City provides various health and wellness amenities such as a spa, gym, and sauna. The resort, managed by Four Seasons, offers treatments and therapies, including massages, facials, and body scrubs. The gym, situated in the southern part of the city, boasts state-of-the-art equipment and hosts a variety of fitness classes. The sauna in the sports club is a perfect place to relax and unwind after a workout.

Green Spaces and Landscapes

Cairo Festival City is an eco-friendly, autonomous community with green spaces and landscapes. The compound features a range of gardens, parks, fountains, and water features, providing residents with a serene environment. To minimize environmental impact, the developers have also integrated sustainable practices, such as recycling and effective waste management.

Cairo Festival City

 

 

Educational Institutions

Cairo Festival City, developed by the Al-Futtaim Group, is a visionary mixed-use urban community that offers a comprehensive range of educational institutions. Strategically located in the heart of New Cairo, it provides easy access to some of the best schools and universities in Egypt.

International Schools

Cairo Festival City hosts the American International School in Cairo (AIS), one of the leading educational institutions in the country. The AIS provides a comprehensive American and international prospectus that combines high academic achievement standards with personal growth and development, established in 1980. The school is known for its excellent educational programs, experienced faculty, and state-of-the-art facilities.

Nearby Universities

Cairo Festival City is also close to some of the best universities in Egypt, including the American University of Cairo (AUC), the German University of Cairo (GUC), and the Canadian University of Egypt (CUE). These universities offer various academic programs, from undergraduate to graduate degrees, in different fields of study.

The American University in Cairo (AUC) is a leading English-language institution of higher learning in the Middle East. The university offers business, engineering, humanities, and social sciences programs. The German University in Cairo (GUC) is a private institution offering undergraduate and graduate programs focused on engineering, management, and applied sciences. Similarly, the Canadian University in Egypt (CUE) offers private undergraduate and graduate business, engineering, and applied sciences programs.

Whether you are looking for an international school or a university, Cairo Festival City offers everyone something. With its strategic location, state-of-the-art facilities, and experienced faculty, Cairo Festival City is the perfect place to pursue your academic goals and aspirations.

Cairo Festival City

Hospitality and Accommodation

Luxury Hotels

Cairo Festival City is home to some of the city’s most luxurious hotels. The Hyatt Regency Mall of Cairo is a 5-star hotel that provides a world-class experience to its guests. With its spacious rooms, modern amenities, and stunning views of the city, it is the perfect place to stay for business or leisure travelers. The hotel also includes a fitness center, spa, and outdoor pool.

Another luxurious hotel in the area is the Holiday Inn Cairo Citystars. Situated minutes away from Cairo Festival City, this 5-star hotel provides spacious rooms, superb dining choices, and amenities for a pleasant stay. Guests can also enjoy the hotel’s rooftop pool and fitness center.

Serviced Apartments

Cairo Festival City offers a range of serviced apartments for those who prefer a more long-term stay. These apartments are fully furnished and equipped with modern amenities to make your stay comfortable and convenient. One of the area’s most popular serviced apartment complexes is the Cairo Festival Living Apartment. Developed by the Al-Futtaim Group, this complex offers spacious apartments with stunning city views. The complex is also located close to Ring Road and 90th Street, making it easily accessible from anywhere in the city.

Connectivity and Transportation

Cairo Festival City is strategically located at the gateway to New Cairo, offering its residents excellent connectivity and transportation options. The community is only 15 minutes from Cairo International Airport via the Ring Road, making it simple for residents and visitors to access.

The Ring Road is a major highway that connects New Cairo with other parts of the city, including Heliopolis, Nasr City, and Mokattam. It is well-maintained and provides a smooth and hassle-free driving experience. Residents of Cairo Festival City can easily access the Ring Road via the nearby Al Futtaim Avenue. Cairo International Airport may be the busiest airport in Africa and is a hub for several international airlines.

It is located just a few minutes away from Cairo Festival City, making it ideal for frequent travelers. The airport connects significant cities worldwide, including Dubai, London, Paris, and New York. In addition to the Ring Road and Cairo International Airport, Cairo Festival City offers excellent transportation options within the compound. The compound has a well-connected network of roads and walkways that provide easy access to all the amenities within the community. Residents can also use public transportation options like buses and taxis to travel within and outside the compound.

Cairo Festival City

Security and Services

Surveillance and Safety

Cairo Festival City is a safe and secure community that prioritizes the security of its residents and visitors. The compound is equipped with state-of-the-art surveillance cameras strategically placed to ensure complete coverage of the area. The cameras are monitored 24/7 by trained security personnel who are always ready to respond to emergencies. In addition, security checkpoints at all entrances and exits to the compound are operated by security personnel at all times.

Basic Amenities

Cairo Festival City offers many essential services and amenities to ensure residents have a comfortable and convenient lifestyle. The compound has a medical clinic that provides vital medical services to residents, and pharmacies are located within the compound. This guarantees that residents have access to healthcare services and medications.

In addition to medical facilities, the compound also has essential services such as supermarkets, banks, and ATMs, which are easily accessible to residents. This makes it easy for residents to carry out their day-to-day activities without leaving the compound.

Investment and Development

Real Estate Developer

Cairo Festival City is a mixed-use development project on the east side of Cairo, Egypt. It is a joint venture between the Al-Futtaim Group and the Egyptian Armed Forces. Al-Futtaim Real Estate, a subsidiary of the Al-Futtaim Group, is responsible for the project’s development.

Al-Futtaim Real Estate is one of the leading real estate developers in the Middle East and North Africa region. The company has a proven track record of developing high-quality, innovative, and sustainable projects that meet the local market’s needs. The company’s portfolio includes residential, commercial, and mixed-use projects.

Urban Planning

The development of Cairo Festival City is a testament to the importance of urban planning in creating sustainable communities. The project is spread over 3 million square meters and includes a range of residential, commercial, and recreational facilities. It is strategically positioned only 15 minutes from Cairo International Airport and close to the districts of Maadi to the south and Heliopolis, Nasr City, and Mokattam to the west.

The urban planners behind Cairo Festival City have taken a holistic approach to the project’s development. The development includes various sustainable features such as green spaces, energy-efficient buildings, and a comprehensive transportation network. The project is planned as a self-sufficient community where residents can find everything they need within proximity.

Comparative Analysis

Cairo Festival City vs Other Compounds

Cairo Festival City Compound is a mixed-use development in New Cairo. It offers a luxurious lifestyle with world-class standards in residential, retail, dining, leisure, and entertainment. The compound was developed by Al-Futtaim Group, a renowned company in the real estate industry.

Compared to other compounds in the area, Cairo Festival City stands out for its strategic location at the gateway to New Cairo, granting easy access to major highways and the airport. The community also offers different amenities, including the Cairo Festival City Mall, the largest mall in Egypt, and the Platinum Club, a prestigious sports and social club.

Other notable compounds in the area include Katameya Heights, Lake View, and Hyde Park. While these compounds offer similar amenities, they do not match the scale and quality of Cairo Festival City. Moreover, the Porto Cairo Mall, located adjacent to Cairo Festival City, provides residents with various shopping and dining options.

Market Trends and Prices

The real estate market in New Cairo has been growing steadily over the past few years, with the demand for luxury compounds increasing. Cairo Festival City has been one of the most prevalent compounds in the area, with its excellent location and world-class amenities.

Cairo Festival City is considered one of the most expensive compounds in New Cairo, with prices ranging from EGP 4 million to EGP 50 million. However, the prices are justified by the high-quality standards of the compound and its amenities.

EGYPT MLS

Egypt MLS, under Arab MLS, is a cutting-edge real estate platform for licensed professionals, realtors, and brokers in Egypt. It offers a comprehensive property database for easy searching, comparing, and booking of properties for sale, set to revolutionize the real estate industry in Egypt.

EGYPT MLS

Frequently Asked Questions(FAQs):

What are the current property prices in Cairo Festival City Compound?

Cairo Festival City Compound offers a wide range of properties, including villas and apartments, with prices varying depending on size, location, and property type. Interested buyers can contact the Al-Futtaim Group, the compound’s developer, or a reputable real estate agent to inquire about the current property prices.

How can one inquire about rental opportunities within Cairo Festival City?

Those interested in renting a property in Cairo Festival City can contact the Al-Futtaim Group or a reputable real estate agent to inquire about available rental opportunities. Rental rates can fluctuate based on the size, location, and property type.

Are properties available for sale in Cairo Festival City, and how can they be purchased?

Yes, properties, including villas and apartments, are available for sale in Cairo Festival City. Interested buyers can contact the Al-Futtaim Group or a reputable real estate agent to inquire about the available properties and the purchasing process.

What are the total retail outlets available at Cairo Festival City Mall?

Cairo Festival City Mall is a leading shopping and entertainment destination. It blends indoor and outdoor spaces with a diverse array of retail outlets encompassing both local and international brands. The total number of retail outlets available at the mall is kept a secret, as it may change over time.

Who is responsible for the development of Cairo Festival City?

Cairo Festival City is developed by the Al-Futtaim Group, one of the leading business groups in the Middle East. The group has a diverse portfolio of businesses and partnerships in various sectors, including automotive, retail, real estate, and financial services.

What year was Cairo Festival City officially opened to the public?

Cairo Festival City was officially opened to the public in 2013. It is a visionary mixed-use urban community that sets new living standards in New Cairo. Since then, it has become a popular destination for residents and visitors, offering a unique lifestyle experience combining luxury, convenience, and sustainability.

مؤسّس منصة الشرق الاوسط العقارية

أحمد البطراوى، مؤسّس منصة الشرق الاوسط العقارية و منصة مصر العقارية ،التي تهدف إلى تبسيط عمليات التداول العقاري في الشرق الأوسط، مما يمهّد الطريق لفرص استثمارية عالمية غير مسبوقة

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