Dubai, UAE: DAMAC Group, under its property development arm DAMAC Properties, has awarded Aima Construction Company Pvt Ltd with the main works construction contract for 120 villas at its recently announced Mandarin Oriental Bolidhuffaru Reef resort in the Maldives.

The contract, valued at approximately AED 544 million, was awarded by DAMAC to commence construction on a series of resort accommodations, which will extend across three private islands in one of the world’s premier tropical luxury destinations.

Commenting on this, Mohammed Tahaineh, General Manager of Projects at DAMAC Properties stated: “We are fully confident in the capabilities of Aima Construction, whose track-record and enthusiasm for the project exceeded all our expectations during an extensive and highly competitive candidate vetting process. DAMAC Properties looks forward to seeing such a high-profile development project, the first of its kind for our group, come to fruition across the beautiful Maldives”.

The 34-hectare luxury resort, scheduled to open in 2025, will be located in the Bolidhuffaru Reef in South Male Atoll. This pristine tropical location is easily accessible through a 30-minute yacht ride from Male’s Velana international airport or other forms of water transportation. Characterized by its white sand beaches and vibrant coral reefs, the upcoming resort will offer its guests a wealth of recreational activities, water sports, culinary experiences, wellness retreats and more.

Aima Construction is set to deliver 120 stand-alone villas, 64 of which are overwater and 56 are beachfront villas. These villas, which will be some of the market’s largest, will also come with private pools and picturesque ocean views.  

Resort-goers will also get to choose from eight dining outlets, including three specialty restaurants and an exclusive venue featuring a pool bar. Furthermore, indoor and outdoor event will also be made available to guests for a wide range of uses.

Other amenities include immersive wellness facilities located in the resort’s tropical gardens. Mandarin Oriental’s expert wellness team will offer their trademark services across 12 treatment suites, vitality pools, hammam, sauna and steam rooms as well as a beauty salon.



DAMAC Properties has been at the forefront of the Middle East's luxury real estate market since 2002, delivering award-winning residential, commercial and leisure properties across the region, including the UAE, Saudi Arabia, Qatar, Jordan, Lebanon, Iraq, the Maldives, Canada, the United States, as well as the United Kingdom. 

Since then, the company has delivered approximately 43,700 homes. Joining forces with some of the world’s most eminent fashion and lifestyle brands, DAMAC has brought new and exciting living concepts to the market in collaborations that include a golf course by The Trump Organization, and luxury homes in association with Versace, Cavalli, Just Cavalli, de GRISOGONO, Zuhair Murad, Paramount Hotels & Resorts, Rotana and Radisson Hotel Group. With a consistent vision, and strong momentum, DAMAC Properties is building the next generation of Middle Eastern luxury living. 

DAMAC places a great emphasis on social responsibility. In June, DAMAC Group signed an MoU with Knowledge Fund to support the Dubai Schools project by providing scholarship funding worth AED 20 million for Emirati students’ tuition fees starting in the 2022-2023 academic year. The agreement aims to help achieve the objectives of Dubai Schools, which include providing a state-of-the-art educational experience for a new generation of students to keep pace with the ever-evolving requirements of the future job market. Additionally, the Hussain Sajwani-DAMAC Foundation was part of the ‘Fresh Slate’ initiative in collaboration with the Dubai Police General Headquarters aimed at aiding detainees in Dubai’s Punitive and Correctional Institutions who have been charged with petty offences.

HSDF has also pledged Dh5 million for the 1 Billion Meals initiative launched by Vice President and Prime Minister of the UAE, and Ruler of Dubai, His Highness Sheikh Mohammed Bin Rashid Al Maktoum at the start of Ramadan 2022, aimed at providing meals to underprivileged communities in 50 countries across the world.

DAMAC also supported the vision of Sheikh Mohammed to train one million Arab coders in creating an empowered society through learning and skills development, an initiative that successfully wrapped up in May 2022.

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For more information, please contact: Corporate Communications, DAMAC Properties: Email:  
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Niall McLoughlin, Senior Vice President, Marketing & Corporate Communications