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Beach front land plots in Hulhumale Phase II

Hulhumale beach front land gets top bid of MVR 8,251 per sqft

Land from beach front of Hulhumale Phase II last sold land for MVR 10,220 per square foot.

5 October 2022

By Ahmed Mizyal

Housing Development Corporation (HDC) on Wednesday announced that the highest bid quoted for the land 22 beach front land plots from Hulhumale Phase II was at MVR 8,251 per square foot. 

While 18 parties had submitted bids to purchase beach front land in Hulhumale Phase II, Ismail Faisal submitted the highest price representing Hasina Ibrahim; at MVR 8,251 per square foot.

The other top bidders were:

  • Abdulla Nizar representing Adam Nazeer Hussain - MVR 8,141.23 per square foot.

  • Adam Shafeeq representing Fariyal Qasim : MVR 7,852 per square foot.

  • Aishath Umaima - MVR 7,585.25 per square foot.

  • Mohamed Riza representing Risma Ali Naseer - MVR 7,500 per square foot.

  • Ameer Shah representing Raya Riyaz - MVR 7,500 per square foot.

  • Thaunis Hussain - MVR 7,350 per square foot.

  • Ali Aiman - MVR 7,333.37 per square foot.

  • Hussain Sham - MVR 7,300.

  • Mohamed Yuman Ali Nooradheen representing Malvin Ali Nooradheen - MVR 7,100 per square foot.

  • Ibrahim Remaz Waheed - MVR 7,002 per square foot.

  • Ameer Shah - MVR 7,000 per square foot.

  • Yasir Solih representing Abdul Azeez Moosa for MVR 6,850 per square foot.

  • Hassan Zuhoor - MVR 6,789.99 per square foot.

  • Mohamed Yuman Ali Nooradheen representing Aminath Umana Ali Nooradheen - MVR 6,725 per square foot.

  • Mohamed Yuman Ali Nooradheen representing Alina Nooradheen - MVR 6,620 per square foot.

  • Ali Muthalib representing Nadhira Jameel - MVR 6,501 per square foot

Hulhumale Phase II beach front land dimensions are between 1,095.05 and 2,588.14 square feet.  

Land from beach front of Hulhumale Phase II last sold land for MVR 10,220 per square foot. A total of 211 people submitted bids to purchase 26 land plots that round.

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