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ELIE SAAB Debuts First Maldives Real Estate Project with Dubai Developer

ELIE SAAB Debuts First Maldives Real Estate Project with Dubai Developer

SAMANA Developers, one of Dubai’s leading real estate firms, has teamed up with the global luxury lifestyle brand ELIE SAAB to reveal the SAMANA Ocean Views interiors project. This significant partnership not only marks ELIE SAAB’s first branded real estate venture in the Maldives but also represents SAMANA Developers’ debut in branded collaborations.

A Perfect Fusion of Elegance and Nature

Unveiled at Dubai’s renowned Madinat Arena, the SAMANA Ocean Views project sets a new standard for luxury living in one of the most sought-after destinations worldwide. Situated just 20 minutes by speedboat from Hanimaadhoo Airport or a 45-minute seaplane journey from Malé, the development spans an impressive 507,651 square feet. Within this space, 190 luxury residences take shape, including beachfront villas, over-water bungalows, and poolside apartments.

Moreover, each residence, thoughtfully designed by ELIE SAAB, captures the natural beauty of the Maldives. By using neutral tones, premium materials, and refined finishes, the interiors reflect a balance of timeless elegance and modern sophistication. As a result, these homes blend effortlessly with the surrounding environment.

Speaking about the collaboration, Elie Saab Jr., CEO of ELIE SAAB Group, shared the brand’s vision:

“This development reflects our vision of crafting immersive, one-of-a-kind lifestyle experiences that embody our philosophy of elegance and sophistication. The Maldives represents a key addition to our growing global portfolio.”

Beyond the luxurious residences, the SAMANA Ocean Views project offers an unparalleled lifestyle, combining world-class amenities with the beauty of the Maldives. Future residents will have access to a wide range of resort-style facilities, including a cutting-edge spa and wellness centre, gourmet dining options that feature Arabic and Japanese restaurants, a dive centre, and watersports facilities. Furthermore, multiple pools and a fitness centre offer relaxation and activity, while entertainment options cater to families, ensuring that there’s something for everyone.

In addition to luxury, sustainability plays a central role in the project’s design. Coral restoration initiatives have been integrated to protect the surrounding marine ecosystem, reinforcing the project’s commitment to the environment.

A Landmark Project for the Future

Imran Farooq, CEO of SAMANA Developers, highlighted the significance of the project, underscoring the company’s growing influence in Dubai’s real estate market:

“Our strategic foresight and deep understanding of Dubai’s economic landscape have propelled Samana Developers to become the city’s seventh-largest developer. This expertise is now embodied in SAMANA Ocean Views Interiors by ELIE SAAB, a culmination of a shared vision to create an extraordinary destination where luxury, design, and natural beauty meet.”

With an investment of $598 million, the SAMANA Ocean Views project signals an important step forward in luxury real estate and the Maldives’ development. Scheduled for completion in 2029, the project promises a lifestyle experience unlike any other, in one of the world’s most desirable locations. Through this partnership with ELIE SAAB, SAMANA Developers is crafting a destination that will stand as a lasting symbol of elegance, luxury, and environmental care in the heart of the Maldives.

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The Coral Residences at Kandima: Own Your Exclusive Private Oceanfront Sanctuary

The Coral Residences at Kandima - Maldives luxury beachfront apartments with private terraces and ocean views for sale

Looking to invest in a luxury oceanfront property in the Maldives that offers a perfect blend of lifestyle, exclusivity, and financial return? The Coral Residences at Kandima Maldives presents a rare opportunity to own a five-star serviced apartment on the sun-kissed shores of Dhaalu Atoll. Scheduled for completion in early 2026, this unique real estate offering invites you to enjoy private ownership while gaining full access to the experiences and amenities of one of the Maldives’ most dynamic island resorts. Whether you seek a stylish holiday escape or a high-yield investment, The Coral Residences aims to deliver both.

Developed by Pulse Hotels & Resorts, a hospitality brand renowned for its intelligent, guest-focused concepts, The Coral Residences benefits from the backing of Deep Blue Private Limited, a leading force in Maldivian tourism and infrastructure. With a track record that includes award-winning resorts, Dhaalu Airport, and Manta Air, the development rests on solid expertise, thus ensuring long-term value and peace of mind for discerning investors.

What Makes The Coral Residences Unique?

The Coral Residences forms an integrated beachfront community of 40 exclusive two- and three-bedroom apartments designed for modern island living. Each home offers uninterrupted views of the Indian Ocean, thoughtfully planned interiors, and expansive terraces perfect for soaking in tropical sunsets.

Key Features at a Glance:

  • 2 or 3-bedroom apartments (215–250 sqm)
  • Panoramic oceanfront views
  • Exclusive pool and club house access
  • Contemporary interiors with natural light
  • Generous outdoor terraces and balconies

These residences lie along Kandima’s northern shoreline, offering privacy while keeping you connected to the island’s vibrant lifestyle.

Ownership That Works for You

Owners receive strata title leasehold ownership, which the Maldivian government registers and renews under local regulations. The developer sells apartments on a fully maintained, hassle-free basis. Furthermore, owners can resell or transfer their units, subject to the lease terms.

Your Benefits as an Owner:

  • 30 days of complimentary use annually
  • Rental income while you’re away (mandatory program)
  • Minimum guaranteed return of 6% for 5 years
  • No maintenance or operating costs
  • Quarterly payouts, net of expenses
  • Full use of Kandima’s resort facilities

Ownership also includes lifestyle and investment perks designed specifically for international buyers.

Can You Earn Income from Your Property?

Yes. Apartments enroll in a mandatory rental program that generates income whenever you are not in residence. This program guarantees a 6% net return for five years. After that period, owners continue to earn a 50% share of pooled rental revenue.

Moreover, Kandima Maldives manages every aspect of property ownership, from guest bookings to maintenance, so you enjoy a fully passive investment with consistent income potential.

Owner Usage and Stay Privileges

Owners of the Coral Residences at Kandima receive 30 complimentary nights annually, including up to 7 nights during peak season (Dec 22 – Jan 15). You must book these stays in advance (180 to 365 days depending on season). Additionally, you may transfer your entitlement to friends or family upon request.

This usage structure ensures that you enjoy the property personally while maximizing its rental performance.

What Kind of Lifestyle Awaits You at Kandima?

As an owner, you gain full access to Kandima Maldives’ extensive amenities, a world-class resort that blends luxury with play:

Island Amenities You Can Enjoy:

  • 10 restaurants and bars with global cuisine
  • Award-winning esKape Spa
  • Full-service water sports and dive center
  • Tennis, badminton, and football courts
  • 24/7 fitness pavilion with private pool
  • Beach clubs and family-friendly zones

Whether you want to unwind or explore, Kandima offers something for every lifestyle.

Thinking Practically: What Should You Know?

Before purchasing property in the Maldives, international buyers usually ask:

  • Can foreigners buy here?
    Yes. Foreigners can buy leasehold strata title property at The Coral Residences under Maldivian law.
  • Is the property fully managed?
    Yes. Kandima Maldives manages the property entirely, including upkeep, guest services, and rental operations.
  • What is the starting price?
    Units begin at USD 1.2 million, depending on layout and location.
  • Do I need a visa?
    Most nationalities receive visa-free entry on arrival. Extended stays or residency options are available separately.
  • Can I customize my unit?
    To maintain quality and brand consistency, the developer sells units with a standardized design package. Customization is not offered.

Final Thoughts: Is Coral Residences Right for You?

If you explore Maldives property investment opportunities that offer both personal enjoyment and solid returns, The Coral Residences at Kandima presents a unique proposition. With its beachfront location, fully managed rental income, and world-class resort facilities, this option offers more than just a place to stay. It represents a secure investment in one of the world’s most exclusive destinations.

Ready to own a beachfront residence in the Maldives? Discover more about investing in The Coral Residences at Kandima. Visit their website for more details: www.coralresidencesmaldives.com

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