Property in Malé

The capital and business centre of the Maldives: compact, busy and close to everything, with the highest property prices in the country.

Malé

Malé is the capital and the centre of government, business, schools and hospitals. The island is small and densely built, so homes are mostly apartments in mid-rise buildings, and space is at a premium.

Because land is so limited, prices per square foot are among the highest in the Maldives. New buildings are usually redevelopments of older plots, often with shops on the lower floors and apartments above.

Living here means short walks to work, schools and markets, and easy links to the airport over the Sinamalé Bridge and to Villimalé by ferry. It suits people who want to be in the middle of things.

Questions people ask about Malé

Why is property in Malé so expensive?

Malé is small and almost fully built, while most jobs, schools and services are there. Limited land and high demand keep prices high.

Are there new apartment buildings in Malé?

Yes, though fewer than in Hulhumalé. Recent projects include towers by TATA Housing and AMZ Developers. See the developments below.

Homes for sale in Malé

See all 6

Homes for rent in Malé

See all 3

Developments in Malé

All developments
LuxaOne Odeon
SellingPartner

fromMVR 4.7M

Malé

LuxaOne Odeon

TATA Housing Maldives

9 floors54 homes3 bed
2 for sale
Ma. Aafaluge
SellingPartner

fromMVR 3.45M

Malé

Ma. Aafaluge

AMZ Developers

3 bed + penthouse
3 for sale
Luxera
Under constructionPartner

fromMVR 5.9M

Malé

Luxera

TATA Housing Maldives

10 floors72 homes3+1 bed
1 for sale

Reading about Malé

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.

HDC Commercial Leases Maldives

Maldives · 16 October 2026

HDC Commercial Leases Maldives: How to Apply

Learn how to find HDC commercial leases in the Maldives, review property requirements, prepare applications and explore official business opportunities.