About this property
Wrapped by Bensley Design Studios's signature tropical-modern architecture, North Malé Atoll Ridge is a 30-residence project set in the heart of North Malé Atoll. Owners enjoy in-residence dining, ocean-view sky bar, smart-home automation, plus 24-hour concierge and full-service property management. With proximity to Malé airport and Kurumba Island, and a projected 7–9% return profile, North Malé Atoll Ridge is positioned for both lifestyle buyers and yield-focused investors.
Project details
| Developer | Universal Enterprises |
|---|---|
| Property type | Villa |
| Status | Pre-launch |
| Completion | Q3 2028 |
| Handover year | 2028 |
| Construction | 8% complete — Design phase complete, sales officially opening next quarter |
| Last update | Jun 15, 2026 |
| Bedrooms | 1-3 |
| Unit sizes | 43–246 m² |
| Total units | 31 across 3 unit types |
| Available now | 23 units |
| Starting price | $3.15M up to $10.2M |
| Payment plan | 10% down · 40% during build · 30% on handover · 24mo post-handover |
| Projected ROI | 6–8% net rental yield |
| Location | North Malé Atoll, Maldives — North Malé Atoll |
Unit types & prices
| Unit | Size | Bedrooms | Price | Available |
|---|---|---|---|---|
| 1BR Suite | 43 m² | 1 BR | $3.15M | 10 left |
| 1BR Deluxe | 81 m² | 1 BR | $8.36M | 12 left |
| 3BR Penthouse | 246 m² | 3 BR | $10.2M | 1 left |
Payment plan
💡 Launch pricing: 10% on booking, 40% split into quarterly installments, 30% on handover, remaining 20% over 24 months post-handover.
Construction progress
Amenities
Location & neighborhood
Located in North Malé Atoll, Maldives, North Malé Atoll Ridge is walking distance to Malé airport and a short drive from Kurumba Island. 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.
📍 North Malé Atoll Ridge, North Malé Atoll, Maldives
- Hulhumalé Landmark 5.4 km ≈ 12 min
- Malé Airport (MLE) Airport 6.4 km ≈ 14 min
- Malé (capital) Center 7.6 km ≈ 17 min
Distances are straight-line; drive times are estimated averages.
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