About this property
South Malé Atoll Heights brings a new benchmark to South Malé Atoll: 24 thoughtfully-designed apartments, outdoor cinema across the roof deck, co-working lounge, and underground parking. The residences are minutes from Gulhi surf break and offer direct access to Anantara Veli. Delivered by Prodivers Estates, one of the most active developers in the region, South Malé Atoll Heights launches with a friendly payment plan (see below) and a projected 5–7% yield backed by a professional hospitality operator.
Project details
| Developer | Prodivers Estates |
|---|---|
| Property type | Apartment |
| Status | Under construction |
| Completion | Q2 2027 |
| Handover year | 2027 |
| Construction | 38% complete — Superstructure at 38%, MEP installation underway |
| Last update | Jun 15, 2026 |
| Bedrooms | 0-3 |
| Unit sizes | 69–252 m² |
| Total units | 44 across 4 unit types |
| Available now | 31 units |
| Starting price | $3.21M up to $7.34M |
| Payment plan | 25% down · 45% during build · 25% on handover · 36mo post-handover |
| Projected ROI | 10–12% net rental yield |
| Location | South Malé Atoll, Maldives — South Malé Atoll |
Unit types & prices
| Unit | Size | Bedrooms | Price | Available |
|---|---|---|---|---|
| Studio | 69 m² | Studio | $3.21M | 10 left |
| 2BR Garden | 86 m² | 2 BR | $3.51M | 7 left |
| 3BR Sky | 142 m² | 3 BR | $4.88M | 5 left |
| 3BR Penthouse | 252 m² | 3 BR | $7.34M | 9 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 South Malé Atoll, Maldives, South Malé Atoll Heights is walking distance to Gulhi surf break and a short drive from Anantara Veli. 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.
📍 South Malé Atoll Heights, South Malé Atoll, Maldives
- Malé (capital) Center 25 km ≈ 41 min
- Malé Airport (MLE) Airport 27 km ≈ 43 min
- Hulhumalé Landmark 29 km ≈ 46 min
Distances are straight-line; drive times are estimated averages.
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