At HDC, we are proud to unveil a series of transformative development projects that promise to redefine living in Maldives. For over two decades, we have built a legacy dedicated to transforming man-made islands in the Maldives through ambitious visions and innovation.  

Today, we are taking the mission to new heights with developments aimed to seamlessly blend luxury, eco-conscious design and community-centric amenities, reflecting the commitments made by our President, His Excellency Dr. Mohamed Muizzu. Each development was designed to not only address the housing crisis but also foster inclusive, vibrant communities.  

At the launch event, attended by government officials, community leaders and valued stakeholders, we presented a bold vision for sustainable, modern living. From Rasmalé, the Maldives’ first eco-city, to Parking Building, we are addressing the diverse needs of our growing nation. Each project is a step towards creating communities that foster quality living. 

Rasmalé: The Eco-City 

As an ambitious response to the Maldives’ housing needs in late 2023, President Dr. Mohamed Muizzu launched the Rasmalé project. This groundbreaking eco-city, three times the size of Hulhumalé, is designed to accommodate 325,000 residents, setting the stage for the most extensive and innovative land reclamation project in Maldives.  

Rasmalé will be developed with green infrastructure, featuring renewable energy systems, green spaces and smart technologies to minimize environmental impact. Alongside 65,000 housing units, the eco-city will include public parks and commercial spaces, aiming to create a self-sustaining community where residents can live, work and thrive within an integrated environment. 

In launching Rasmalé, we are not just building homes; we are creating an environment that reflects our commitment to the future. 

Farukolhufushi Gated Community: Elevating Luxury Living 

We are redefining luxury living with the launch of the Farukolhufushi Gated Community in Hulhumalé, a luxury development that promises an exclusive island living experience. Located on the site of the original Farukolhufushi Resort, this gated community will offer a range of upscale living options. 

This initiative is set to elevate the standards of luxury living, providing residents with resort-like amenities, including an indoor sports complex, lap pool, clubhouse, and a 5-story luxury hotel for guests and visitors. Farukolhufushi Gated Community is expected to enhance the Maldivian tourism industry.  

Row Houses and Prefab Homes: Modern, Inclusive Living 

Introducing our exciting Row House initiative in the heart of Hulhumalé, where modern living meets community spirit. These Row Houses offer families a unique living experience complete with modern amenities, exclusive clubhouses, and wellness facilities to enrich their daily lives. This initiative is not just about housing, it paves the way for job opportunities in various sectors, helping to strengthen the economy and provide meaningful work for our community. 

Meanwhile, our innovative Prefab Homes project is a cost-efficient alternative to conventional housing. These customizable homes ensure safe, modern and comfortable living spaces with minimal turnaround time and costs. Their versatility allows for on-site modifications without sacrificing structural integrity, making them an ideal solution for the Binveriya housing scheme and easing families into their new lives. 

Social Housing Project: Affordable Living 

His Excellency Dr Mohamed Muizzu envisions housing as a cornerstone solution for the pressing challenges faced by the people of Maldives. He strongly believes that addressing housing will collectively tackle various challenges within the country. Two new social housing projects will be introduced, one featuring 1,700 social housing units and another providing over 400 social housing units.  

These developments go beyond just housing but will help to foster economic growth by incorporating dedicated commercial spaces that welcome local businesses. This initiative will not only kickstart economic activity but also will ensure residents have convenient access to essential services, significantly reducing their need to travel far. By creating community-focused developments we strive to enhance convenience and sustainability for all residents. 

Innovative Parking Solutions: Smart, Sustainable Infrastructure 

To address the Greater Malé Region’s parking challenges, we are introducing 15 multi-level parking buildings in Hulhumalé. This transformative initiative, led by our President Dr Mohamed Muizzu, aims to ease traffic congestion, reduce parking shortages, and streamline vehicle registration in the Greater Male Region.  

These solar-powered green parking buildings will reflect our commitment to eco-friendly urban development, paving the way for a sustainable future. The vision is to create a seamless parking experience with over 4000 parking spaces and advanced smart parking solutions for short and long-term needs. This initiative goes beyond parking. Each of these buildings will feature rooftop terraces with restaurants, recreational amenities, EV charging stations, and PWD-friendly access.  

Isle Adventure Park: A Thrilling New Venture 

In line with our vision for a vibrant, multi-faceted community, Isle Adventure Park is set to become a dynamic hub for excitement and adventure in Hulhumalé. With features such as racing tracks and drift tracks to go-karts, every aspect of this project is designed for adventure. A water theme park, splash pads, and wave pools will make it an ideal getaway for both thrill-seekers and families alike. 

This development will enhance the Maldives’ reputation as a diverse tourist destination, making it an ideal getaway. Further, our operations will generate numerous employment opportunities in various sectors fostering local job growth and supporting our economy. We also aim to pave the way for local businesses to cater to food and beverage outlets, transportation and retail shops.  

Nooveli: A Premier Destination for Elevated Living 

As part of our broader vision to create thriving communities, we are excited to unveil Nooveli Island Retreat in the lagoon of Galufalhu—a new benchmark in luxury island living. Just a short trip from Malé and Hulhumalé, Nooveli is designed as an exclusive escape surrounded by the turquoise waters of the Maldives. This initiative introduces luxurious homes, fostering an experience that harmonizes luxury with well-being.  

Residents can enjoy Sunrise and Sunset Restaurants by the water’s edge, and embrace an active lifestyle with recreational activities. Nooveli further supports local businesses through a Commercial Plaza and provides ample opportunities. Inspired by President Dr Mohamed Muizzu’s vision, Nooveli also caters to the Meetings, Incentives, Conferences, and Exhibitions (MICE) market, featuring event spaces, a convention centre, exhibition halls, and a banquet hall, perfect venues for gatherings of all sizes. Our vision is to expand the luxury real estate and tourism sectors in the Greater Malé region, drawing high-net-worth individuals seeking premium holiday experience and new investment opportunities. 

History Center: Historical Legacy of Maldives 

At HDC, we recognize that the heritage of the Maldives is a source of strength and pride. We are thrilled to unveil the History Center, a groundbreaking addition to our picturesque. This innovative center narrates the epic story of our rich past, featuring captivating exhibits, cherished artefacts, and an aquarium showcasing the wonders of our seas.  

Here you can engage with immerse yourself in Maldivian history through interactive exhibits that allow our stories to come to life. This center isn’t just a tribute to the past—it’s a dynamic, educational hub designed to inspire future generations and support local artists and historians by providing them with a space to showcase their talents and share their stories. 

Kinaaria: Destination Island 

Just 15 minutes from the Greater Malé Region, Kinaaria is our “slice of paradise” and a destination designed for the simple joys of life. We are reimagining our beloved picnic island and enhancing the experience by creating an ideal getaway that resonates with our cultural and communal values. 

Kinaaria’s charm lies in its four distinct islands, each offering unique experiences: 

• Integrated Tourism Island – Dedicated to private guest houses, each with direct beach access and stunning views, this island combines privacy and luxury with a wellness and spa experience. Floating restaurants and cafes bring a unique dining experience, while water sports like kayaking, snorkeling, and paddleboarding offer an exhilarating adventure right by the shoreline. Dedicated to supporting the staff and service providers who make Kinaaria exceptional, this island features a Team Retreat for docking facilities, recreation, and well-designed accommodations that prioritize comfort and well-being, ensuring the best service and experience for all visitors. 

• Entertainment Island – We are redefining recreation in the Maldives by introducing waterslides, beachside cinemas, paintball arenas, and rock climbing, transforming the area into a vibrant destination for both tourists and locals. With premier facilities and entertainment options, this island not only attracts visitors but also supports local businesses and job growth. It creates significant opportunities for collaboration among SMEs, bringing people together in a vibrant community. 

• Camping Island – A first-of-its-kind, the Camping Island in the Maldives offers the thrill of outdoor adventure with activities like camping, bonfires, trails, and educational programs. Designed for scouts, youth groups, and families, Camping Island promotes environmental connection and skill development, inspiring future generations to lead with resilience and confidence. 

Together, these islands offer unique experiences, much like the alphabet cones that inspired the name Kinaaria.  

SME Building: Nurturing Innovation 

SME Building represents President Dr Mohamed Muizzu’s vision for empowering local businesses and nurturing entrepreneurship – two vital forces that drive our nation’s progress. This innovative space is designed to support small and medium enterprises, offering shared resources and a collaborative environment, fostering creativity and connection among entrepreneurs. 

This vibrant space is not just a collaborating working space but is a hub for innovation brimming with commercial outlets that will create a wealth of employment opportunities through its diverse tenant companies. This dynamic environment will boost job growth, contributing significantly to the prosperity of our community.  

A Smart Warehouse Complex: Future of Logistics 

Imagine a warehousing solution where every square meter is meticulously crafted to be smarter and more sustainable – reflecting the ambitious vision of our esteemed President, His Excellency Dr. Mohamed Muizzu, for a thriving, sustainable city of tomorrow. 

Introducing our state-of-the-art Smart Warehouse Complex, poised to revolutionize the way businesses store, manage and distribute their goods across the nation. Powered by IoT, this innovative solution will cater to a diverse range of needs, ensuring that every aspect of logistics is efficient and streamlined. As we upgrade the region’s infrastructure, we are also attracting investments and increasing the appeal for businesses seeking reliable warehousing and storage solutions.  

Scenic City: Reimagining Hulhumalé 

Picture a lively urban landscape with vibrant streets, inviting gathering spaces and shaded pathways that make everyday life in Hulhumalé more comfortable and encourage a sense of community. This transformation goes beyond mere beautification, it’s a bold step towards redefining what it means to live well in our city.  

With colorful murals, interactive sculptures, sustainable green spaces and interconnected jogging and biking paths that encourage a more active lifestyle, we are creating a seamless vibrant environment that supports wellness and inclusivity for everyone. The vibrancy of the city will extend to its economy. These transformative projects foster dynamic commercial activities, benefiting local businesses, boosting job opportunities and will infuse our community with a fresh wave of economic vitality.  

HDC Building:  Modern Office for Innovation and Growth 

Unveiling the new office building of Housing Development Corporation. This building will not only serve as a workspace for HDC employees but also integrate commercial spaces and public areas to elevate the experience for both staff and visitors.  

Imagine a facility brimming with possibilities, featuring a training centre, recreational areas, daycare, experience centre, exhibition and parking spaces. Each element has been thoughtfully crafted to foster creativity and collaboration. Our vision is to cultivate a modern, efficient workspace where innovation thrives in harmony with functionality, making it a true flagship of urban development. The architectural design will seamlessly blend greenery with vertical connection, and open spaces. This development will set a new benchmark for modern workplaces that embody functionality, flexibility, and accessibility. 

Knowledge Park: Building Minds, Shaping Futures 

Addressing the rising demand for educational institutions in Greater Male, Knowledge Park is poised to transform the learning experience for students. Featuring a thoughtfully crafted complex that will house a variety of institutions, complete with a Management Office, Tutorial Rooms, Lecture Halls, Staff Room, Meeting Room, and Laboratories, all designed to nurture diverse learning experiences. 

The Knowledge Park offers modern student hostels, where comfort meets functionality, creating a welcoming sanctuary for students. This modern, comfortable accommodation aims to enrich the student’s experience, providing a supportive atmosphere that promotes both study and social activities. This initiative is set to become a dynamic hub for learning, innovation, and collaboration in Hulhumalé. 

Smart Solutions for a Growing Nation 

Our projects reflect more than development; they represent our commitment to enhancing the quality of life for every Maldivian. Guided by the vision of President Dr. Mohamed Muizzu, we are building beyond horizons to create communities that support a quality life, economic growth, and a deep connection to our environment and heritage. 

Together, we are transforming tomorrow.