Hulhumalé is a reclaimed island located 8km off the North East Coast of Malé, the capital of Maldives, and 6.5km from Velana International Airport, Hulhulé. It is directly connected to the main airport and Male’, by the China-Maldives Friendship Bridge.
Initially having a core focus solely on residential developments, the Hulhumalé development project by Urbanco has diversified to sectors such as IT, communications, finance and banking, industrial, and education.

The Republic of Maldives lies in the heart of the Indian Ocean and has a population of approximately 568,362 people. Being the smallest country in South Asia, it is made up of 1,192 coral islands, formed around 20 administrative atolls. The Maldives has established itself as a tourist destination with reputable hospitality, natural attractions, rich biodiversity, and culture. The country has demonstrated steadfast growth over the years, with the nominal Gross Domestic Product of the country increasing from US$ 0.8 Billion in 2000 to US$ 4.03 Billion in 2020.

The integrated tourism island presents an expansive range of properties to invest in. The island welcomes every type of traveler, from international and domestic visitors, to budget travelers and those seeking an extravagant stay. The properties are positioned to offer short-term stays for transit purposes, as well as long-term stays for residents and digital nomads.

The Business Models proposed by Urban Isle include the lease model, fixed lease model, and JV model. Investor proposals are not restricted to any model, and investors have the opportunity to propose any business model.