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

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.

SJ Dhihereya Residence
SJ Dhihereya Residence

SJ Group has published a list price for every one of the 90 apartments at SJ Dhihereya Residence. Read layout by layout, the list is simple, which helps when you are choosing a home that will not exist until the end of 2028. The prices below are the developer's list prices as of 16 October 2026, in rufiyaa, before any discount.

The shape of the building

  • Homes start on the fourth floor and run to the twelfth, ten apartments a floor.
  • Floors 5 to 12 repeat the same ten layouts. The fourth floor has its own ten, slightly larger in places.
  • Each floor has five apartments facing the lagoon ("ocean view") and five facing the city.
  • The mix leans to family sizes: 45 of the 90 are 3+1s, the larger three-bedroom layout with an extra room.

The ten layouts, floor 5 to floor 12

LayoutBedroomsViewSize (sq ft)5th floor (MVR)12th floor (MVR)
C12City1,0093,632,2704,332,270
B12City1,1874,254,8154,954,815
I12Lagoon1,1104,096,8284,796,828
D12+1City1,1874,256,0054,956,005
H13Lagoon1,3174,839,7605,539,760
A13+1City1,4995,345,8006,045,800
E13+1City1,6115,738,1156,438,115
G13+1Lagoon1,4675,381,9926,081,992
F13+1Lagoon1,4735,401,7566,101,756
J13+1Lagoon1,5265,595,3286,295,328

Each floor up adds MVR 100,000 to the same layout, so the same home costs MVR 700,000 more on the twelfth floor than on the fifth. That is between 2 and 3 per cent a floor on a two-bedroom, and just under 2 per cent on a 3+1.

The fourth floor

The fourth floor is priced on its own. Several of its homes are larger than the same type higher up:

  • Apartment 406 is the biggest in the building: a 3+1 of 1,660 sq ft facing the city, at MVR 5,809,825.
  • Apartment 403 is a 1,283 sq ft two-bedroom facing the lagoon, at MVR 4,619,916.
  • Apartment 409 is a 1,438 sq ft 2+1 facing the city, at MVR 5,032,055.
  • The smallest home on the floor, 408, is a 1,048 sq ft two-bedroom facing the city at MVR 3,669,645.

Lagoon or city: what the view costs

The lagoon side carries a smaller premium than you might expect.

  • Two-bedrooms: lagoon-facing homes list at a median of about MVR 3,915 a square foot. City-facing ones list at about MVR 3,867.
  • 3+1s: the largest city-facing layouts (A1 and E1) are bigger than the lagoon-facing ones, so the median city-facing 3+1 costs slightly more in total but less per square foot: about MVR 3,758 against MVR 3,872 on the lagoon side.

Across the whole building the list works out at MVR 3,500 to 4,321 a square foot, with a median of about MVR 3,850.

What has already gone

On 16 October, 7 of the 90 apartments were marked as booked:

  • three on the twelfth floor (a lagoon-facing three-bedroom, a lagoon-facing two-bedroom and a lagoon-facing 3+1);
  • four on the fifth and seventh floors.

Seven bookings is too few to call a trend, but the early interest went to the top floor and the lagoon, and to the lower floors, where the same layout costs less.

Before you choose

  • Check the status. Since 14 October the developer has listed the sale as temporarily on hold. Prices and availability may change when it reopens.
  • Mind the floor arithmetic. If the view matters more than the floor, a fifth- or sixth-floor lagoon-facing home costs several hundred thousand rufiyaa less than the same layout at the top.
  • Use the discounts in your sums. Paying in full at booking takes 5 per cent off. On a 3+1 at MVR 5.4 million that is about MVR 270,000.

The concierge keeps the full list by unit and can match it to your budget and family size on WhatsApp.

Compare SJ Dhihereya with other new buildings

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.