Maldives real estate, reported from the ground: developments, developers, prices, rules, and the homes behind them.
Atolls
The atoll south of the capital, a speedboat ride from Velana International Airport, where several island residence projects are concentrated.
South Malé Atoll
Starwood Hotels (formerly SH Hotels & Resorts) with Madevco Holdings
A five-island Baccarat resort in the South Malé Atoll, announced in March 2024, with more than 50 hotel villas and a collection of private residences for sale.
Villas and branded residences across five islandsResort residence lease (terms not yet published)In development; opening given as 2027
South Malé Atoll
A private-island community of mansions and estates in the South Malé Atoll, masterplanned by Killa Design, with a marina and a renewable energy plan.
Mansions and estates across eight islandsStrata title (per the developer)In development; opening given as 2027
South Malé Atoll
The first island of the SIX & SIX group: 74 pool villas on an 8.7-hectare island forty minutes by speedboat from Velana, with a small number of villas marketed for sale.
Pool villas at an operating resort, a few offered for saleResort villa strata lease (terms not yet published)Open since February 2026
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