Mandarin Oriental-branded luxury resort

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.