Al Futtaim Real Estate Group developments
The real estate development and operations arm of Al-Futtaim, Al-Futtaim Group Real Estate, is charged with the origination, conception, development, procurement, and construction of mega projects, as well as the leasing and operation of these projects upon completion. Al-Futtaim Group Real Estate develops and operates an extensive multi-million dollar portfolio that includes individual corporate real estate and investment assets across the Middle East and North Africa.
The company's current flagship mixed-use urban communities fall under the Festival City brand, which includes Dubai Festival City, Cairo Festival City, and Doha Festival City. Both Dubai Festival City and Cairo Festival City are fully integrated communities that have been masterfully planned to offer superior lifestyle destinations with exceptional facilities, including residential and commercial accommodations, educational institutions, and five-star hotels, complementing their signature retail, leisure, and entertainment offerings.
Dubai Festival City, designed to embody the pioneering spirit of 21st-century Dubai, was the first fully integrated mega project to be progressively delivered in the UAE. It features the finest in shopping, dining, entertainment, homes, schools, offices, and leisure. The city is divided into three distinct districts, connected by a 30-kilometer internal road network and a creekside promenade.
Cairo Festival City, the second fully integrated mega project, similarly offers top-tier shopping, dining, entertainment, and living spaces, including homes, schools, offices, and leisure facilities. It is connected by an internal road network and a series of parks interwoven throughout the city. Upon completion, Cairo Festival City will house over 13,000 residents in villas and apartments and provide workplaces for 50,000 office staff.
Doha Festival City stands as a multi-purpose iconic destination in Qatar, featuring an entertainment and leisure complex, automotive showrooms, and an international hotel and convention center. This makes it an easily accessible and iconic leisure destination for the rapidly developing country.
