Two most enjoyable scene in this movie was the love scene. The prince appears as a beggar-turned-ghost, the princess and he exchange fewer than two or three sentences and then sink into each others arms for a kiss. Not a single frame was wasted on courting - it just happens. Other films could benefit from that - they're gonna fall in love anyway, so why wait?
The evil wesir whose countenance has definitively thoroughly inspired Disney's Aladdin was amazing to watch. He was able to pull the looking-evil-when-you're-not-looking glance very convincingly.
Some of the smaller scenes didn't make too much sense inside the story (stealing the carpet was one of them). I know I've seen this picture as a child, but the only thing I could remember was the abundance of colors.