The 12th edition of Frieze London, the international contemporary art fair, takes place in London's Regent's Park from 15 to 18 October 2014. The vast show brings together 162 of the world's leading contemporary galleries, from 25 countries, with an estimated $2.2bn (£1.4bn) worth of work on show.

Frieze is spread across two venues in Regent's Park and is made up of two fairs: the contemporary and Frieze Masters, dedicated to art from ancient to modern.

Highlights include a fun installation by Carsten Höller (Gagosian Gallery, London), a 17th-century Rembrandt portrait on offer at New York's Otto Naumann gallery stand for £30m, and an exciting new work by Olafur Eliasson, whose Weather Project thrilled crowds at Tate Modern back in 2003.

IBTimesUK presents some of the highlights. Tickets can be booked online or bought at the venue, space permitting.

Frieze Art Fair 2014
A man looks at an artwork by Danish-Icelandic artist Olafur Eliasson entitled Schools of Movement Sphere at the Frieze Art Fair in LondonAFP
Frieze Art Fair 2014
A visitor looks at NGC 5892, 2013 by Argentine artist Tomas SaracenoAFP
Frieze Art Fair 2014
A visitor views artist Reg Butler's Bending GirlReuters
Frieze Art Fair 2014
Gartenkinder by Carsten HöllerReuters
Frieze Art Fair 2014
Gartenkinder by Carsten HöllerGetty
Frieze Art Fair 2014
Mickey for Micky by Joyce PensatoReuters
Frieze Art Fair 2014
A visitor poses with Shadow by John StezakerReuters
Frieze Art Fair 2014
Cubo de Roma by Jesus R SotoReuters
Frieze Art Fair 2014
A recreation of James Lee Byers' 1968 artwork, Ten in a HatReuters
Frieze Art Fair 2014
RE Vuillard (LAX) by Friedrich KunathGetty
Frieze Art Fair 2014
Coloured Knives on Black by Farhad MoshiriGetty
Frieze Art Fair 2014
Because I Can't Have You I Want You by Damien HirstGetty
Frieze Art Fair 2014
Ndiri Afronaut (I am an Afronaut) by Gerald MachonaGetty
Rembrandt
Rembrandt's Portrait of a Man With Arms Akimbo at the Frieze MastersReuters