The Maldives government has partnered with Dubai-based MBS Global Investments to create an $8.8 billion financial centre in the capital city of Male. This ambitious project aims to establish a complex that will feature skyscrapers and will not impose residency requirements on its users. The financial centre will offer significant tax benefits, including no corporate...
United Arab Emirates developers are set to invest more than $3 billion in luxury real estate projects in the Maldives by 2030. This significant investment is expected to transform the island nation from a solely tourism-focused destination into a lucrative second-home market for the ultra-wealthy, with potential returns of up to 20 percent, according to...
Dubai-based Samana Developers has announced the launch of a Dh2.2-billion luxury project in the Maldives, marking its first venture into branded residences. According to. Khaleej Times, the new development spans over 507,651 square feet and includes 190 keys that consist of beachfront villas, over-water bungalows, and poolside apartments. Scheduled for completion in 2029, the project...