
Bayfancy Residence moves ahead with steady progress in Hulhumalé
Currently, preparations are underway for the construction of the 3rd-floor slab.
Top Stories
Bayfancy Residence, a new residential project under development in Hulhumalé, continues to make headway in its construction timeline. The project, which is part of the growing portfolio of Bayfancy – a developer with a mission to provide "personalised smart luxury living" – has recently completed two important phases of construction. The 2nd-floor slab casting has been successfully completed, and exterior scaffolding installation is now in place, allowing for the next stages of the build to move forward efficiently.
Currently, preparations are underway for the construction of the 3rd-floor slab. Site teams are focused on ensuring that all preparatory work is completed in a timely and structured manner to keep the project on schedule. Despite ongoing industry-wide challenges, including the management of materials, logistics, and labour, Bayfancy Residence maintains its targeted pace of construction while adhering to quality and safety standards.

Bayfancy’s approach to residential development is anchored in its commitment to crafting benchmark-quality living spaces. With each project, the company aims to raise the standard of urban living in the Maldives by integrating practical design, functional amenities, and forward-thinking features tailored to the needs of modern residents.
The concept behind Bayfancy Residence is centred on delivering a smart and personalised living environment. This involves more than just structural design – it reflects a broader vision of how space, technology, and community come together to create a living experience that supports the evolving lifestyles of Maldivians and residents in Hulhumalé.
Hulhumalé, as a location, continues to emerge as one of the country’s most dynamic urban centres. With expanding transport links, healthcare services, educational institutions, retail spaces, and recreational areas, the island offers an increasingly attractive option for homeowners seeking long-term investment or improved quality of life. The development of residential projects such as Bayfancy Residence supports this momentum, contributing to the broader urban growth of Hulhumalé and responding to rising demand for better housing infrastructure.
According to representatives from Bayfancy, one of the guiding principles behind the project is a focus on designing homes that are adaptable to individual lifestyles. This includes careful attention to floor layouts, ventilation, lighting, and the use of durable materials, as well as the integration of features that align with the concept of smart living – from digital access and security systems to energy-efficient fixtures and utility planning.
The planning and execution of Bayfancy Residence reflect the company’s longer-term strategy to be part of a growing ecosystem of urban development in the Maldives. While the project is still in the construction phase, Bayfancy’s team remains actively engaged in ensuring that each stage is carried out with attention to detail. The use of qualified contractors, consistent oversight, and the application of contemporary building standards are core components of the development process.
Bayfancy also places strong emphasis on the living environment as a whole. Beyond the physical structure of individual units, the company looks at how the surrounding spaces contribute to the overall residential experience. This includes communal spaces, accessibility, and proximity to essential services. The project team works closely with architects, planners, and technical experts to ensure that the layout of the residence not only meets practical needs but also supports day-to-day functionality and comfort for future occupants.

The company's leadership states that while their focus is on delivering high-quality housing, they also recognise the importance of transparency and accountability in the development process. Regular updates on construction progress, open communication with stakeholders, and the involvement of local expertise are some of the measures Bayfancy undertakes to ensure a smooth and well-managed project cycle.
Looking ahead, the company remains focused on completing the next phases of construction on schedule. The coming weeks will see continued activity on site as the 3rd-floor slab casting takes shape and the building begins to rise further. Each completed milestone brings Bayfancy Residence one step closer to its final form – a residential project that reflects both the aspirations of its future residents and the evolving landscape of urban housing in the Maldives.
As Hulhumalé grows and diversifies, the demand for thoughtfully designed residential spaces will only increase. Projects like Bayfancy Residence not only add to the physical infrastructure of the island but also reflect broader shifts in how people choose to live, work, and engage with their surroundings. With its focus on personalised smart living and its consistent progress on site, Bayfancy Residence aims to be a part of that transformation.
Bayfancy invites potential homeowners, investors, and stakeholders to follow the development’s progress and stay informed as the project moves toward completion.
For more information, updates, and future announcements, interested parties may contact Bayfancy through its official communication channels.
-
Bayfancy's website: https://www.bayfancy.com
-
Landline - 4001188
-
WhatsApp and Viber - 9499918