Tuesday, 27 October 2026 · Malé Search Newsletter Send us your launch WhatsApp the desk
Maldives Real Estate News

Maldives real estate, reported from the ground: developments, developers, prices, rules, and the homes behind them.

Developments

Every development, from every angle

37 developments in the catalogue. Status and homes listed come live from the catalogue; the pieces are written and dated by the desk.

Developments in the catalogue

37 of 37 shown

Hulhumalé

Platinum Residences

Developer unconfirmed

Sold 12 floors 140 homes 2 listed now 7 pieces

Development

Creek Residences

Developer unconfirmed

Selling 15 floors 80 homes 2 listed now 6 pieces

Hulhumalé

FW Residence

Developer unconfirmed

Sold 113 floors 95 homes 2 listed now 4 pieces

Hulhumalé

K-Park Residence

Developer unconfirmed

Selling 14 floors 110 homes 4 pieces

Malé

Aafaluge

Developer unconfirmed

Selling 12 floors 12 homes 3 pieces

New buildings in Greater Malé

Developments under construction or sold by their developers, not yet listed through Binga: reported from the developers' own updates, with the timeline and prices on each page.

Hulhumalé Phase 2

Bayfancy Residence

Bayfancy PTE LTD

1+1, two-bedroom, 2+1 and 3+1 apartments and sky villasOff-plan sale by the developer; ask for the tenure terms in writingUnder construction: 72% complete (October 2026); handover expected 30 June 202718 pieces

Hulhumalé

SJ Dhihereya Residence

SJ Group (SJ Construction)

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 20285 pieces

Resort and island residences

Villas, estates and apartments on resort islands that foreign buyers can own, reported for long-time visitors thinking of a home of their own.

Baa Atoll

Soneva Villa Ownership

Soneva

The longest-running route to owning a villa on a Maldivian resort island: private residences at Soneva Fushi in the Baa Atoll and Soneva Jani in the Noonu Atoll, run by the resort when owners are away.

Villas and residences at Soneva Fushi (Baa) and Soneva Jani (Noonu)Renewable sub-lease on a resort islandOperating resorts2 pieces

Dhaalu Atoll

Coral Residences at Kandima

Pulse Hotels & Resorts

Forty beachfront apartments on the northern shore of Kandima in the Dhaalu Atoll, sold on a strata lease with a compulsory rental programme run by the resort.

40 two- and three-bedroom apartmentsStrata lease on a resort islandUnder construction; completion given as 20261 pieces

South Malé Atoll

Zamani Islands

Atoll Estates

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

RAH GILI Maldives

SIX & SIX Private Islands

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

Baa Atoll

.HERE Baa Atoll

Seaside Collection

Two small islands in the Baa Atoll, Somewhere and Nowhere, with nine residences for stays and whole-island hire. Not for sale; the desk explains what that means for would-be owners.

Nine residences on two islands, for stays and whole-island hireNot offered for saleOpen since December 20251 pieces