About this property
Azure Living North Malé Atoll is a 30-unit villa development in the fast-growing North Malé Atoll area, walking distance to Bandos house reef and Meeru Resort. Designed by GA Design with a urban-luxury aesthetic, the project features underground parking, smart-home automation, outdoor cinema, and Atmosphere Residences's professional rental-management program targeting 6–8% net yield. Owners receive 50-year leasehold from Ministry of Tourism title, transferable and inheritable. Atmosphere Residences handles booking, guest management, maintenance and tax reporting so owners can enjoy passive returns from day one.
Project details
| Developer | Atmosphere Residences |
|---|---|
| Property type | Villa |
| Status | Early bird |
| Completion | Q4 2027 |
| Handover year | 2027 |
| Construction | 22% complete — Foundations complete, ground-floor slabs in progress |
| Last update | Jun 15, 2026 |
| Bedrooms | 0-4 |
| Unit sizes | 52–241 m² |
| Total units | 45 across 5 unit types |
| Available now | 30 units |
| Starting price | $1.55M up to $3.76M |
| Payment plan | 20% down · 45% during build · 30% on handover · 36mo post-handover |
| Projected ROI | 8–10% net rental yield |
| Location | North Malé Atoll, Maldives — North Malé Atoll |
Unit types & prices
| Unit | Size | Bedrooms | Price | Available |
|---|---|---|---|---|
| Studio | 52 m² | Studio | $1.55M | 12 left |
| 1BR Deluxe | 68 m² | 1 BR | $3.19M | 4 left |
| 2BR Pool | 112 m² | 2 BR | $3.36M | 8 left |
| 2BR Garden | 178 m² | 2 BR | $3.51M | Sold out |
| 4BR Villa | 241 m² | 4 BR | $3.76M | 6 left |
Payment plan
💡 Flexible plan with milestone-based drawdowns during construction. Bank financing available up to 60% LTV via local mortgage partners.
Construction progress
Amenities
Location & neighborhood
Located in North Malé Atoll, Maldives, Azure Living North Malé Atoll is walking distance to Bandos house reef and a short drive from Meeru Resort. The neighbourhood is one of the most sought-after enclaves in the region, offering a rare mix of lifestyle amenities and long-term capital appreciation.
📍 Azure Living North Malé Atoll, North Malé Atoll, Maldives
- Hulhumalé Landmark 4.3 km ≈ 15 min
- Malé Airport (MLE) Airport 5.7 km ≈ 13 min
- Malé (capital) Center 7.3 km ≈ 16 min
Distances are straight-line; drive times are estimated averages.
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