Blue Lagoon project crosses most critical stage of construction phase
Developers have introduced a 1% discount on apartment prices for bank and resort employees, along with employees of Ooredoo and Dhiraagu.
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Construction at Blue Lagoon Luxury Residences has reached a significant milestone, as foundation and raft works have been completed in just 3 months, from the start of work on 26th January 2026. A clear demonstration of the developers’ advanced engineering capabilities and strong execution expertise includes one of the largest raft foundations constructed in the Maldives to date, which was completed on 28th April 2026.
With the critical foundation stage - one of the most technically challenging aspects of construction in the Maldives - successfully concluded, the project is now well-positioned for smooth progress in the structural phases ahead. The developers remain firmly committed to delivering the project on schedule, with steady progress continuing on-site.
As a special Eid offering, the developers have introduced a 1% discount on apartment prices for bank and resort employees, along with employees of Ooredoo and Dhiraagu, valid until 31st May 2026.
A selection of apartments is available across Blue Lagoon’s two towers, presenting interested buyers a compelling range of sizes and price points to explore. Options begin with 2 BHK residences (1,035 to 1,280 sq ft), priced from MVR 4.2 to 5.11 million. The 2+1 BHK homes (1,340 sq ft), starting from MVR 5.21 million, feature flexible layouts that can be converted into 3 BHK configurations if preferred. Larger 3 BHK residences (1,795 to 1,875 sq ft), starting from MVR 6.89 million, are designed as cross-ventilated corner units with wraparound deck balconies, offering rare three-sided views.
Building on this momentum, Blue Lagoon has recently introduced their Signature and Grandeur 4+1 BHK Homes within the project, ranging from 2315 to 3150 sq ft, that redefine luxury apartment living in Hulhumalé. The large 4+1 BHK Ultra-Luxury Residences are available across several floors at Blue Lagoon, featuring private lobbies, expansive interiors with proper cross-ventilation, and large terraces with sweeping panoramic views – offering residents a rare opportunity to experience what is typically reserved exclusively for penthouses or standalone residences.
At its core, Blue Lagoon continues to stand out for its unique blend of luxury and lifestyle, enhanced by over 35,000 sq ft of thoughtfully curated Amenities, including the Clubhouse — featuring a fully-equipped Gym, Family Entertainment Center, Theatre, Multipurpose Hall, Children’s Play Area, and many more— and at the summit, the Maldives’ largest terrace gardens – where Blue Lagoon’s towers combine to make a 24,000 sq ft elevated residents-only retreat featuring landscaped gardens, a jogging track and large swimming pool, for relaxation, recreation, and social gatherings.
With construction and bookings progressing steadily, interested buyers are encouraged to visit the Blue Lagoon Sales Office in Hulhumalé or get in touch with the sales team to explore available units, experience immersive VR tours, and secure their preferred luxury home.