UAE - Mubasher: The total number of Sharjah's real estate transactions increased by 4.1% to 28,710 at a total value of AED 6.2 billion in the first half (H1) of 2020, when compared to the same period of 2019, Emirates News Agency (WAM) reported.

The emirate recorded 1,166 mortgage transactions, worth AED 2.8 billion, in the first six months of 2020, as shown by the latest report of the Sharjah Real Estate Registration Department (SRERD). 

As for the number of sales, Sharjah saw 1,218 transactions in H1-20.

Investors from 44 nationalities were involved in the emirate's real estate transactions in H1-20, with 4,392 coming from the GCC countries and 630 from other countries.

The director-general of the SRERD, Abdul Aziz Ahmed Al Shamsi, said: "The advanced roads, new tourist utilities, and development projects in all the cities of Emirate have considerably attracted the investors and businessmen to stay and invest in the emirate."