About this property
Wrapped by TAM Architects's signature tropical-modern architecture, Ocean Boulevard is a 45-residence project set in the heart of Baa Atoll. Owners enjoy private beach club, fitness studio, beachfront cabanas, plus 24-hour concierge and full-service property management. With proximity to Kihaadhoo local island and Soneva Fushi, and a projected 9โ11% return profile, Ocean Boulevard is positioned for both lifestyle buyers and yield-focused investors.
Project details
| Developer | Sun Siyam Group |
|---|---|
| Property type | Apartment |
| Status | Early bird |
| Completion | Q1 2028 |
| Handover year | 2028 |
| Construction | 15% complete โ Foundations complete, ground-floor slabs in progress |
| Last update | Jun 15, 2026 |
| Bedrooms | 0-4 |
| Unit sizes | 49โ227 mยฒ |
| Total units | 35 across 5 unit types |
| Available now | 22 units |
| Starting price | $2.19M up to $7.03M |
| Payment plan | 15% down ยท 40% during build ยท 30% on handover ยท 12mo post-handover |
| Projected ROI | 5โ7% net rental yield |
| Location | Baa Atoll, Maldives โ Baa Atoll |
Unit types & prices
| Unit | Size | Bedrooms | Price | Available |
|---|---|---|---|---|
| Studio | 49 mยฒ | Studio | $2.19M | 8 left |
| 1BR Deluxe | 67 mยฒ | 1 BR | $5.94M | 11 left |
| 1BR Suite | 103 mยฒ | 1 BR | $6.38M | Sold out |
| 2BR Garden | 198 mยฒ | 2 BR | $6.59M | Sold out |
| 4BR Villa | 227 mยฒ | 4 BR | $7.03M | 3 left |
Payment plan
๐ก 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 Baa Atoll, Maldives, Ocean Boulevard is walking distance to Kihaadhoo local island and a short drive from Soneva Fushi. 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.
๐ Ocean Boulevard, Baa Atoll, Maldives
- Hulhumalรฉ Landmark 116 km โ 2h 31m
- Malรฉ Airport (MLE) Airport 118 km โ 2h 33m
- Malรฉ (capital) Center 118 km โ 2h 34m
Distances are straight-line; drive times are estimated averages.
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