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Beirut small apartments most expensive in Arab world
- Lebanon: Wednesday, January 12 - 2011 at 09:54
According to the Global Property Guide, the Lebanese capital has the most expensive 120-meter apartment in the Arab world, following a sharp increase in property prices in less than two years, Daily Star has reported. Beirut ranked in 33rd place among 92 markets globally in 2010, compared to 52nd place in 2009, and in first place in the Arab world in terms of the price of a 120-square-meter apartment. Globally, the price of such an apartment in Beirut was $4,258 per square meter, higher than in Dubai, Berlin and Lisbon, and slightly lower than in Andorra, Warsaw, Ljubljana in Slovenia and Prague.
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