The Arrival

Samana Developers Launches MVR 9.1 billion Luxury Project in Maldives

Dubai-based Samana Developers has unveiled its first luxury branded residence project in the Maldives, with an investment of MVR 9.1 billion (approx. USD 600 million). The development, named Samana Ocean Views, is set to transform luxury living in the island nation with a unique blend of opulence, sustainability, and Maldivian natural beauty.

Spread over 507,651 square feet, the project will feature 190 exclusive units, including beachfront villas, over-water bungalows, and poolside apartments. Located just a 20-minute speedboat ride from Hanimaadhoo International Airport or a 45-minute seaplane journey from Malé, the development is scheduled for completion in 2029.

Features and Offerings

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The luxury project, designed with interiors by celebrated designer Elie Saab, includes:

  • World-Class Amenities: A spa and wellness center, multiple pools, and a modern fitness facility.
  • Diverse Dining Experiences: High-end Arabic and Japanese restaurants for a rich culinary journey.
  • Adventure & Family Fun: An on-site dive center, watersports facilities, and entertainment options for families.
  • Sustainability Initiatives: A focus on coral restoration to preserve the Maldives’ unique marine ecosystem.

Strategic Expansion

Samana Developers, which has delivered over 1,000 residential units and has 10,000 more under construction, sees this venture as a milestone in its global growth strategy.

“The Maldives offers an extraordinary blend of natural beauty and exclusivity,” said Imran Farooq, CEO of Samana Developers. “This project reflects our dedication to delivering unparalleled luxury experiences in iconic destinations.”

Elie Saab Jr., CEO of Elie Saab Group, echoed the sentiment:

“This collaboration represents a key addition to our growing global portfolio, setting new standards in luxury living in the Maldives.”

Impact on Maldives’ Tourism

Ibrahim Faisal, Maldives’ Minister of Tourism, welcomed the project, emphasizing its alignment with the government’s vision for sustainable luxury tourism.

“The investment highlights the Maldives’ ability to attract world-class developments while promoting sustainability. This is a step forward for our tourism sector.”

With an emphasis on blending luxury with ecological responsibility, Samana Ocean Views is poised to elevate the Maldives’ status as a global leader in high-end tourism.

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