The 50-year-old director’s new film will be shown on 15 May at the Grand Theatre Lumiere of the Palais des Festivals, the BBC reported.
The film based on F Scott Fitzgerald's 1925 classic novel, stars Leonardo DiCaprio, Toby Maguire and Carey Mulligan.
Luhrmann said the Cannes Film festival has always been close to his heart.
The film will be screened in 3D, which will only be the second time in the history of the festival a film has been shown in the format after Pixar’s ‘Up’ opened in 2009.
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