Home
Kurdistan’s bid to become ‘New Dubai’
Construction continues on blocks of high rise apartments overlooking Dream City, a new exclusive residential suburb that is being developed in Erbil on December 15, 2014 in Erbil, Iraq. Dream City, is one of several high value residential areas that have been built in the Kurdistan capital since 2003 and are complete with their own mosque, shopping areas and schools. Property values vary, but many villas in the gated and walled development are now valued at over $1million and it even features a $20million US White House replica. Despite insecurity in the rest of Iraq, the semi autonomous region of Kurdistan has been seen by some investors as the new Dubai and although the advance of ISIL and a budget row with Baghdad has dampened some of the enthusiasm, the city skyline is still changing at a rapid pace. (Getty Images)
[You must be registered and logged in to see this link.]
Construction continues on blocks of high rise apartments overlooking Dream City, a new exclusive residential suburb that is being developed in Erbil on December 15, 2014 in Erbil, Iraq. Dream City, is one of several high value residential areas that have been built in the Kurdistan capital since 2003 and are complete with their own mosque, shopping areas and schools. Property values vary, but many villas in the gated and walled development are now valued at over $1million and it even features a $20million US White House replica. Despite insecurity in the rest of Iraq, the semi autonomous region of Kurdistan has been seen by some investors as the new Dubai and although the advance of ISIL and a budget row with Baghdad has dampened some of the enthusiasm, the city skyline is still changing at a rapid pace. (Getty Images)
[You must be registered and logged in to see this link.]
