Ninety lagoon- and city-facing apartments on the west side of Hulhumalé Phase 1 by SJ Group, priced from MVR 3.63 million, with an infinity pool, terrace and gym.
90 apartments: two-bedroom, 2+1, three-bedroom and 3+1Off-plan sale by the developerSale listed as temporarily on hold since 14 October 2026; completion expected 30 December 2028
Set SJ Dhihereya's list prices against what three-bedroom homes in Hulhumalé Phase 1 are asking in rent today, and a gross yield of roughly 8 to 10 per cent appears on paper. Here is how that figure is built, and the five things that bring it down.
SJ Group's booking terms for SJ Dhihereya Residence in plain words: who is served first, what the 2 and 5 per cent discounts are worth, what a cancellation costs, and ten questions to settle before paying for a home due in 2028.
What daily life looks like from SJ Dhihereya Residence: west-facing homes over the lagoon, the ferry and the airport close by, and Hulhumalé Phase 1's parks, schools, shops and hospital within easy reach.
Under a Maldives Monetary Authority rule, every commercial bank must put 10 to 15% of its lending into affordable housing. Bank of Maldives has set up a company to build more than 3,200 lease-to-own homes in Hulhumalé and Villimalé. Who they are for, and what the scheme means for the private market.
The full price list of SJ Dhihereya Residence, layout by layout: from MVR 3.63 million for a 1,009 sq ft two-bedroom to MVR 6.44 million for a 3+1 on the top floor, with MVR 100,000 added for every floor up.
SJ Group has released SJ Dhihereya Residence, 90 apartments on the west, lagoon-facing side of Hulhumalé Phase 1, priced from MVR 3.63 million and due for completion at the end of 2028. Since 14 October the developer has listed the sale as temporarily on hold.
Space, light, air and damp: how to furnish a one-bedroom or studio in Malé or Hulhumalé so it feels larger and lasts in the climate, and what a tenant needs the landlord's permission for. Rewritten from a 2021 archive post.
Water on one side, glass set back from the sun, a kitchen that is its own room. The Creek View's beauty is in how it handles the channel, the light and the order of arrival.
A furnished three-bedroom corner flat listed at MVR 45,000 a month in August, a 1,300 sq ft three-bedroom listed at $2,400 in September, and a building that runs its own logistics. The value, line by line.
A desk built into every bedroom, a café in the building, visitor parking and terraces made for guests. Two parts of life at The Gardens that a week of errands does not show.
A ten-storey building of 83 homes, a garden at its heart, terraces over the marina and interiors finished in a quiet, Japandi register. Where The Gardens' beauty lies.