Cairo Festival City New Cairo

Cairo Festival City is one of the largest residential and commercial projects in New Cairo, developed by the UAE’s Al-Futtaim Group. It is a completed project, with units handed over since 2024, and both developer and resale units are available. As of the October 2026 update, prices at Cairo Festival City start from EGP 15 million, with a 10% down payment and installments over up to 5 years, and delivery in January 2024 for the announced phase. The project covers 750 feddans, of which about 330 feddans are built.

About the Project

The compound sits within the Cairo Festival City development, which includes a large shopping mall, a business district, schools, hotels and residential areas. The residential phase includes areas such as Ora for apartments and Orina for smaller and larger villas, plus the Podium administrative area. Names such as Oriana Villas and Festival Living may also appear, so names vary by phase and we ask you to confirm the name of the phase you are being offered. Project images show artificial lakes, walking paths and gardens between the buildings.

Cairo Festival City Location

We list the project in New Cairo in the Northern Investors area, south of 90th Street in the Fifth Settlement and close to the Ring Road, the Cairo-Suez Road, the Ain Sokhna Road and the Rod El Farag Axis. Travel times vary slightly:

• Cairo Festival City Mall: 5 minutes.
• Cairo International Airport: about 10 minutes.
• Downtown Katameya: 12 minutes.
• The American University in Cairo: 15 minutes.
• Al Manara Conference Center: 18 minutes.
• National Museum of Egyptian Civilization: 30 minutes.
• Nasr City and Heliopolis: about 15 minutes.

Unit Sizes and Types

Units range across apartments, duplexes and penthouses, in the following sizes:

• Two-bedroom apartments: from 144 to 181 sqm.
• Three-bedroom apartments: from 185 to 240 sqm.
• Three-bedroom duplexes of about 249 sqm, and four-bedroom duplexes from 163 to 216 sqm.
• Two-bedroom penthouses of about 195 sqm, three-bedroom from 300 to 386 sqm, and four-bedroom from 390 to 418 sqm.

Wider ranges are also available: apartments from 130 to 360 sqm, twin houses from 252 to 324 sqm, large villas that can reach 1,000 sqm, and administrative units from 90 sqm in the Podium phase. These are marketing figures that vary by phase, so do not rely on them without checking the actual unit plan.

Cairo Festival City Prices and Payment Plans

The market shows the following figures (October 2026), which change with each launch and with the resale market:

• Prices at Cairo Festival City start from EGP 15 million and range between EGP 15.7 and 18.27 million depending on the unit.
• Resale starts from about EGP 14 million, with an average price per sqm of about EGP 105,000.

Announced payment plans: a 10% down payment at contracting (two plans), with a 15% payment added three months after contracting, then the remainder in interest-free installments over 5 years, plus a 7% maintenance deposit on the unit value and discounts for cash payment. Delivery is in January 2024 for the announced phase, and units for immediate delivery are available in resale. These figures come from current offers and are not an official price quote.

Developer: Al-Futtaim Real Estate

The project is developed by Al-Futtaim Real Estate, part of the UAE’s Al-Futtaim Group. The land was allocated to the company in the late 1990s, development opened in 2010, and Cairo Festival City Mall opened in November 2013 with the first IKEA store in Egypt. For comparison, you can look at Majid Al Futtaim Developments.

Services and Facilities at Cairo Festival City

The project includes:

• A clubhouse, a set of swimming pools and health clubs with a gym, spa, sauna and jacuzzi.
• Lit children’s playgrounds, football, basketball and tennis courts, and walking, jogging and cycling paths.
• Lakes, fountains and gardens across large green spaces.
• A commercial area and a large mall with local and international stores, restaurants and a hypermarket.
• An international school, clinics, pharmacies, banks, ATMs and a mosque.
• Two hotels (five-star and four-star) and an electric vehicle charging station.
• 24-hour security and CCTV.

These services vary by phase, so we go through what is actually available in the area you are interested in.

Tips Before Buying at Cairo Festival City

First, decide whether you want a unit directly from the developer or a resale. A developer unit follows the developer’s payment schedule and terms, while a resale is negotiated with the owner and may offer immediate delivery at a different price. Second, ask for the unit plan and net area, because apartment sizes in published pages range from 130 to 418 sqm and do not describe any one unit. Third, ask about maintenance fees and the deposit (7%) and who bears service and club fees. Fourth, visit the project at peak hours to judge travel time to the Ring Road and to your workplace, because published distances are estimates.

The project’s closeness to Cairo Festival City Mall, which opened in November 2013 and has the first IKEA store in Egypt, gives residents shopping and entertainment without leaving the city’s boundaries. That sets it apart from the smaller standalone compounds in the Fifth Settlement.

Comparing phases remains the most important step. Units overlooking the lakes or main gardens are usually priced higher than interior units, so we ask you to set your priority between price, view and immediate delivery before we recommend the right unit.

Why Buy at Cairo Festival City Through West Capital

• We explain the difference between developer units and resale units, and the real price per sqm of each unit.
• We compare Cairo Festival City with competing New Cairo projects to fit your budget.
• We review the payment plan, the maintenance deposit and the finishing condition with you before booking.
• We arrange the viewing, the negotiation and the follow-up of contracting procedures.

Explore more New Cairo compounds and projects, including Mivida Fifth Settlement, Palm Hills New Cairo and Mountain View Hyde Park Fifth Settlement. You can also see the rest of the projects by Al-Futtaim Real Estate and our guide to Fifth Settlement compounds.

Frequently Asked Questions About Cairo Festival City

Where is Cairo Festival City located?

In New Cairo on the Ring Road and near the Cairo-Suez Road, in the area known as the Northern Investors, about 10 minutes from Cairo Airport.

How big is Cairo Festival City?

About 750 feddans, sometimes estimated at around 700 feddans (roughly 3 million sqm), with about 330 feddans built and the rest green space.

What are the prices at Cairo Festival City?

They start from EGP 15 million and range between EGP 15 and 18.3 million depending on the unit, with resale from about EGP 14 million (October 2026).

What is the payment plan at Cairo Festival City?

A 10% down payment, with 15% added after three months, then the remainder in interest-free installments over 5 years, plus a 7% maintenance deposit on the unit value.

What is the announced delivery date at Cairo Festival City?

Delivery is in January 2024 and the project is ready, with units for immediate delivery available in resale.

Who is the developer of Cairo Festival City?

Al-Futtaim Real Estate, part of the UAE’s Al-Futtaim Group.

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