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Baghdad mansions are hot property for Iraqi elite

Published Tue, Nov 4, 2014 · 09:50 PM

Istanbul

ISLAMIC State militants may be at the approaches to Baghdad yet members of Iraq's Shi'ite Muslim elite are offering cash for US$1 million homes in the capital's sought-after Zayouna neighbourhood.

Gilded mansions with jacuzzis in Italian marble bathrooms and armoured vehicles parked in the drive are replacing the humbler dwellings of the former middle-class Sunni, Shi'ite and Christian inhabitants, according to real estate agents. House prices in the district, they said, have risen threefold since 2005.

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Property

Property

Baghdad mansions are hot property for Iraqi elite

Property

Private home prices ease to 1.4% rise in Q1; rents fall a further 1.9%

Singapore office rents in central region fall 1.7 per cent in Q1 after rising for 9 quarters

Singapore retail rents slip 0.4% in Q1 as vacancy rates creep up

Country Garden plans to present debt revamp plan in H2, sources say

Hong Kong home prices rise for first time in 11 months after curbs scrapped

HDB resale prices accelerate, rising 1.8% in Q1 on stronger demand

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