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.

Developers

Renting from JAAH Investments: The Gardens

One building so far: The Gardens – Exotic Elegance, 83 homes in Hulhumalé with a pool, a café and a supermarket downstairs, and homes let from a two-bedroom to a private-pool suite.

The Gardens – Exotic Elegance
The Gardens – Exotic Elegance

The desk covers one building of JAAH Investments so far: The Gardens – Exotic Elegance, a ten-storey mixed-use condominium of 83 homes in Hulhumalé. Its developer says it aims to redefine luxury living in the region. What a tenant finds is a compact building with its everyday needs on the ground floor and homes that Binga has let across a wide range of sizes and rents.

The signature

The building's own description is brief, so the homes tell more. Units let through Binga have come with expansive balconies and, on some floors, views towards the Marina View building and the waterfront. A seventh-floor three-bedroom was described with open-plan living, an island kitchen, a large private terrace, and three en-suite bedrooms each with a built-in desk nook, fitted wardrobes and its own balcony, in a pared-back Japandi style. A tenth-floor 3+1 suite has a private pool.

The recurring features are generous outdoor space and bedrooms planned for working as well as sleeping.

What the building provides

A swimming pool, a gym, a café, a supermarket, a play area and a garden. A lobby, 24/7 security, a garbage chute, residents' parking and visitor parking. It is a short list, and a practical one: for a family, milk and a coffee without leaving the building count for more than a brochure's worth of lounges.

What rents look like

All figures are asking rents listed through Binga.

  • 3+1 suite with a private pool, tenth floor, 1,300 sq ft, fully furnished: listed at $3,000 a month (May 2026 listing, still available).
  • Three-bedroom, about 1,320 sq ft: two homes were listed at $2,300 a month in April and July, and both have since been let.
  • Two-bedroom on the villa side, 900 sq ft, fully furnished: listed at $1,400 a month in May and since let.

The Gardens is still listed as selling, so more homes may come to the rental market as new owners decide to let.

Who it suits

  • A couple or a small household wanting a furnished two-bedroom at the lower end of the band.
  • A family, or two professionals who both work from home, in a three-bedroom like the seventh-floor home, with a desk nook in every bedroom.
  • A household that wants a pool of its own without taking a villa, in the 3+1 suite.

Renting through Binga

Send a brief at concierge.binga.mv/tenants or message +960 778-3395 on WhatsApp. A concierge shortlists the homes that fit, arranges viewings and inspects each home before you commit.

Tell the concierge what you need

Sources and method

Prices are asking prices as listed through Binga unless marked achieved, and are dated. Developer descriptions are reported as the developer's own. Facts the desk could not verify are left out. Spotted an error? Write to hello@binga.mv; corrections are noted at the foot of the piece.

Binga Properties is a real-estate concierge; it may represent homes and developments mentioned here.