Al-Futtaim Group Real Estate

Al-Futtaim Group Real Estate (AFGRE) is responsible for the development and operations of Al-Futtaim’s real estate businesses across the Middle East and North Africa region. AFGRE is responsible for the conception, development, procurement and construction of a number of mega projects, as well as the leasing and operation of these projects after completion. The two current flagship mixed use city developments under the Festival City brand name are Dubai Festival City, a 520 hectare waterfront mixed-use community and Cairo Festival City, a 290 hectare mixed-use development featuring Egypt’s first indoor-outdoor retail resort and entertainment complex. Hospitality forms a major component of all Festival City developments and both Dubai Festival City and Cairo Festival City are fully integrated communities which have been carefully master planned to offer a superior lifestyle destination with outstanding facilities comprising residential and commercial accommodation, educational institutions and five star hotels to fully complement the signature retail, leisure and entertainment proposition. In September 2010, Al-Futtaim announced the formation of a strategic joint venture to build a major retail, leisure and entertainment complex in Doha, Qatar. The project is currently under construction and scheduled for completion in 2016.