Over the past few years, the real estate sector has experienced significant growth and changes that appear to be positive.

According to figures recently released by the Dubai Land Department (DLD), the weekly real estate report shows that the Dubai real estate market recorded 495 sales transactions worth Dh1.32 billion.

There were also 81 mortgage transactions worth Dh454.83 million, and 24 gift transactions amounting to Dh34.33 million.

Speaking at length about the Dubai property situation, Matt Ti, director of MattDubaioffplan, said.

"I would highly recommend Dubai to property investors as I feel that Dubai has one of the highest rental yields in the world for real estate investment. Dubai is one of the fastest growing cities in the world in terms of population, it has world-class infrastructure, a thriving tourism industry, strong and transparent regulations and offers a property investment visa for properties over Dh750,000, which is not available in other cities in the world."

Matt Tee, who is a global authority on off-plan property investment, elaborates further.

"Off Plan projects are always attractive to investors due to the long term interest free instalment plans on offer, in addition to the lucrative capital growth on completion."