Emaar Properties plans to build a $4 billion upmarket residential development in Cairo, its first large-scale project in Egypt.
The Cairo Heights development will stretch over the Mukattam suburb and feature a mixture of medium and low-rise buildings boasting the most spectacular views of the city and the Nile, a company statement said.
It will include a vibrant town centre, an owner's private clubhouse, hotels, restaurants, cafes, schools, swimming pools, healthcare facilities, retail centres and mosques.
Construction of the four-million-square-metre district, which will have a total of 30,000 luxury apartments, will begin later this year and is scheduled to be completed in 2010.
