- News
- Mandarin Oriental-branded luxury resort in the Maldives
Dubai-based developer Damac Properties will build a Mandarin Oriental-branded luxury resort in the Maldives.
South Male Atoll Project cost – $148 million Completion – 2025 Bolidhuffaru Reef resort, covering an area of 34 hectares, will consist of 120 villas with ocean views and private pools.
Damac Properties announced a net profit growth to $381.1 million in 2022
– Compared to a net loss of $144.6 million in 2021. Earlier, Damac Properties announced the start of sales in a residential waterfront complex, Canal Heights
Asset management firm Merex Investment has appointed ARCO Turnkey Solutions as the lead contractor
– For beach resort, J1 Beach at La Mer. Palm Jumeirah J1 Beach at La Mer will feature an wide selection of high-end dining options and scenic beachfront experiences.
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