Developer
SJ Group (SJ Construction)
Maldivian contractor working since 1996, with a trading arm, SJ Trade, added in 2017. Developer of SJ Creek Residence (finished), SJ Nove Residence and SJ Dhihereya Residence in Hulhumalé.
Developments
Hulhumalé
SJ Dhihereya Residence
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
Coverage
Developments
SJ Dhihereya as an investment: what the numbers say
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.
Guides
Buying at SJ Dhihereya: the terms, the discounts and what to check before you pay
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.
Developments
Living at SJ Dhihereya: a day on the lagoon side of Hulhumalé
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.
Developments
SJ Dhihereya Residence: every apartment, floor and price
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.
Launches
SJ Group brings SJ Dhihereya Residence to market: 90 lagoon-side apartments in Hulhumalé
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.
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