Property in Hulhumalé

A planned city on reclaimed land next to Velana Airport, with beaches, parks and most of the new apartment towers in the Malé area.

10 for sale1 for rent
Hulhumalé

Hulhumalé was built on reclaimed land beside the airport island to give the Malé area room to grow. It is laid out on a grid, with wide roads, a long public beach, Central Park and plenty of space between buildings, so it feels calmer and greener than Malé.

Phase 1 is the established part, with completed towers, shops, schools, a hospital and the ferry terminal. Phase 2 is newer and still filling in, with many of the latest developments, land plots and larger homes such as townhouses.

Most new apartments in the region are built here, so there is a wide choice of two- and three-bedroom homes, both to buy and to rent. Families, young couples and people working at the airport or in Malé are the main buyers and tenants.

Questions people ask about Hulhumalé

Is Hulhumalé close to the airport?

Yes. It sits right next to the airport island, so it's one of the most convenient places to live if you travel often or work at the airport.

What's the difference between Phase 1 and Phase 2?

Phase 1 is the older part, with most of the completed towers, shops and services. Phase 2 is newer and still being built out, with many new projects and larger homes. Prices and availability differ, so tell us what you need and we'll suggest the right part.

Can I rent out an apartment I buy in Hulhumalé?

Many owners do. There is steady demand from families and professionals. You can list it with us for free once it's ready.

Homes for sale in Hulhumalé

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Homes for rent in Hulhumalé

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Developments in Hulhumalé

All developments
Blue Lagoon Luxury Residences
Under constructionPartner

fromMVR 4.25M

Hulhumalé Phase 2

Blue Lagoon Luxury Residences

VCIL (Varindera Construction International)

250 homes2–4+1 bed
4 for sale
Solitaire Luxury Residences
Sold outPartner

Hulhumalé Phase 1

Solitaire Luxury Residences

Sandal Mauritius (Assotech Realty)

13 floors3+1 bed + penthouses
None listed right now
Bayfancy Residence
Under construction

fromMVR 3.6M

Hulhumalé Phase 2

Bayfancy Residence

Bayfancy (Singapore)

18 floors1–3 bed
4 for sale
Selling

Hulhumalé Phase 1

RainPalm Residence

Rainland Developers

112 homes
None listed right now

Reading about Hulhumalé

Maldives Property Market

Property News · 26 October 2026

Maldives Property Market Report: October 2026

Our October 2026 look at the Maldives property market: prices, rents, loans, the national housing scheme, big infrastructure projects and what to watch next.