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Luxury

Phase 2 Waterfront

Hulhumalé, Maldives · Neighborhood Guide

Premium waterfront area with luxury apartment towers, marina views, and walking paths along the reclaimed shoreline.

Data verified June 15, 2026

Phase 2 Waterfront at a Glance

Luxury

Cost Level

MVR 20,000–MVR 45,000/month (~$1,295–$2,910)

Rent Range

Very safe — premium development with security

Safety

50–100 Mbps fiber

Internet

Who Lives in Phase 2 Waterfront?

Senior professionals, resort management executives, wealthy Maldivians, international investors.

High-budget professionalsLuxury seekersMarina lovers

Living in Phase 2 Waterfront — Practical Details

Walkability

Moderate — waterfront paths excellent; some amenities still arriving

Grocery & Food Access

Limited currently — new retail arriving; delivery services from Phase 1 and Malé

Getting Around

  • Bus to Malé (20 min)
  • Taxi to airport (5 min)
  • Marina boat services developing

Nearby Coworking

  • Hotel business centers
  • Coworksurf (20 min walk)

Insider Tips for Phase 2 Waterfront

  • 1This is the Maldives' most premium residential address outside resort islands — marina views and modern luxury
  • 2The waterfront walking paths are the best outdoor exercise route in the Greater Malé area
  • 3Some buildings are still completing amenities — verify what's actually operational before signing
  • 4The marina development will eventually bring yacht services and waterfront dining — watch this space

FAQ — Phase 2 Waterfront, Hulhumalé

What is Phase 2 Waterfront like for expats?

Phase 2 Waterfront is a luxury neighborhood in Hulhumalé. Premium waterfront area with luxury apartment towers, marina views, and walking paths along the reclaimed shoreline. Best for: Higher-budget expats and professionals seeking the most modern living in the Maldives.

How much does it cost to live in Phase 2 Waterfront, Hulhumalé?

Phase 2 Waterfront is classified as "Luxury" in Hulhumalé. Typical rent: MVR 20,000–MVR 45,000/month (~$1,295–$2,910). Total monthly budget in Hulhumalé: $1,500–$2,500.

Is Phase 2 Waterfront safe for expats?

Very safe — premium development with security

Who lives in Phase 2 Waterfront?

Senior professionals, resort management executives, wealthy Maldivians, international investors.

Other Neighborhoods in Hulhumalé

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