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Dubai’s FAM Holding launches $217m Maldives resort project

Dubai-based FAM Holding PSC Group announced the launching of Al Mahra Maldives Resort, its luxurious hotel residential project in the Maldives, on Monday.
The project, which will receive investments of about AED 800 million (USD 217.8 million), is deemed one of the latest real estate development projects to be launched by the group, and its first real estate expansion outside the UAE.
This launching came on the margin of the 30th version of Arabian Travel Market 2023, which is being held in the Dubai World Trade Centre, from Monday to Thursday.
“Through Al Mahra Maldives touristic resort project, FAM Holding Group aims to expand in the real estate investment outside the UAE for the first time, and strives to tap into the Maldives, particularly that this archipelago currently witnesses a remarkable growth, as it became the bucket list destination for many travel & tourism lovers all over the world, to bask in its pristine beaches, virgin nature, serene lifestyle, and smiling faces of the locals, a matter which makes it an ideal oasis for tranquility and relaxation,” Dr Faisal Ali Mousa, the Chairman of FAM Holding Group, said.
Mousa noted that Al Mahra Maldives resort will be established on an island with an area of 100,000 square metres, and will comprise 150 hotel units and chalets, including 100 overwater villas. He added that each unit in the resort will include a private swimming pool.
“The project will also comprise 40 beach villas, including 10 which will be earmarked for VIPs, as well as 3 restaurants, one spa, and gym. Moreover, the resort will feature all aquatics”, Mousa advised.
“The Maldives was selected, as it is a global touristic destination that the people of Arabian Gulf, Asians and Europeans visit. Moreover, the majority of famous trademarks and big touristic companies have a presence there, not to mention the fact that the UAE is one of the biggest Middle Eastern investors in the Maldives, and its investments there cover many sectors, particularly tourism & transportation.”
He underlined the fact that the Maldives offers unprecedented investment facilitations and incentives for easing the business doing, a matter that stimulates the flow of touristic investments on continuous bases. Mousa also indicated that the rise in touristic flow to the Maldives encourages the launching of new touristic projects to exploit the huge demand.
“The building works in Al Mahra Maldives will kick off after three months and will continue for two years and half, while the finishing of works and handing over the project are scheduled for the mid of 2025,” Mousa said.
“FAM Holding Group decided that the US $ will be the currency of payment for buying in Al Mahra Maldives, as the project will be marketed on a global scale, including the UAE, and there will be marketers for the project in Europe, Asia, China, India, Russia, and the USA, this is why the US $ was chosen as the settlement currency.
“The new project will attract tourist from all over the world, and will contribute to integration with the other projects of FAM Holding Group inside and outside the UAE”, Mousa added.
“The project is deemed the extension of the trademark, Al Mahra, which is owned by the Group, and it’s expected to be launched in other countries, as Al Mahra Resort in Al Marjan Island, Ras Al Khaimah met a huge success. This is why the Group aims that this Resort be a global touristic trademark, which is spread inside and outside the UAE”, Mousa noted.
He expected that the group will launch other projects soon, one of them in an Arab Gulf country, while another on in an African country. Mousa stated that these projects will not be announced before obtaining all the needed approvals.
“We look for the global markets, as the status of FAM Holding was converted from LLC into PSC. The company strives to open new markets besides the UAE one in Africa, East of Asia, and the Arabian Gulf”, Mousa concluded.
FAM Holding is one fastest growing real estate development companies in the UAE, and it focuses upon the development of qualitative properties against affordable prices to target the middle-income categories, with payment facilitations up to 6-10 years, a matter which enabled the company to attract a wide base of local and expatriate investors who wish to tap into the qualitative opportunities offered by the real estate sector.
The group seeks to upgrade its activities and operations in a manner which strengthens its role in supporting the march of economic development in the UAE, and increases the sources of its income. In the context of its long-term strategy, the group plans to expand in several markets in the region.
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Le Méridien Maldives hosts SSI’s ambitious global training video production

In August 2025, SSI, the world’s leading business-based dive training agency, embarked on an ambitious multi-week video shoot at Le Méridien Maldives Resort & Spa in partnership with Sub Oceanic Maldives. The large-scale production will deliver a series of updated, high-quality training videos, lifestyle visuals and brand content to be shared with divers and dive professionals across the globe. More than a filming project, the initiative represents a strategic alliance between luxury hospitality, elite dive training and professional media production, with the aim of promoting diversity in the diving community and elevating how dive education is delivered worldwide.
Situated in the pristine Lhaviyani Atoll, Le Méridien Maldives Resort & Spa offers an eco-conscious island sanctuary surrounded by 50 world-class dive sites. Its vibrant reefs and diverse marine life made it the ideal choice for SSI’s latest production. The partnership also reflects a shared commitment to marine education and exceptional guest experiences. General Manager Thomas Schult expressed pride in hosting the project, noting the resort’s thriving reef ecosystem as a perfect setting for professional dive content and for guests seeking to explore the underwater world.
Le Méridien’s alignment with SSI’s values of ocean conservation, marine education and engaging dive programmes strengthened its appeal as a partner. Guests are able to immerse themselves in the marine environment through curated diving and snorkelling activities offered by Sub Oceanic Maldives, the on-site SSI Training Center.
At the heart of the collaboration is Sub Oceanic Maldives, known for its professionalism, expertise and enriching guest experiences. The team has been instrumental in coordinating logistics, selecting locations, managing safety and assisting with underwater filming. Head of Operations Florian Gansl spoke warmly of the project, joking that the abundance of turtles on the resort’s house reef might frequently wander into shots. Two Sub Oceanic instructors, Alejandro Embid Ruiz de Conejo and Chun-Ping “Pyng” Lin, are also featured in the production, bringing local insight and technical expertise to the screen.
Earlier this year, SSI held a global casting call for instructors worldwide, receiving an overwhelming response. Six professionals were selected for their diving expertise, skill in demonstrating techniques and ability to inspire others while representing diverse ages, backgrounds and genders. The cast includes Alejandro Embid (Spain), Kornel Toth (Hungary), Gordos Mateo Gojunco (Philippines), Sita Angela Jaekel (Indonesia), Chun-Ping “Pyng” Lin (Taiwan) and Jacinta Kimani (Kenya), each bringing unique experience and cultural perspective to the project.
The shoot focuses on three main content areas: detailed skill demonstration videos to enhance SSI’s training materials, authentic diving footage showcasing the Maldives’ reefs and marine life, and lifestyle content capturing the complete dive travel experience, from preparation to post-dive relaxation. Behind-the-scenes moments are also being documented for future release, offering a glimpse into the teamwork, planning and passion behind the production.
More than a visual refresh, this initiative forms part of SSI’s long-term strategy to modernise dive education and provide its global professional network with engaging, up-to-date resources. The partnership between SSI, Le Méridien Maldives Resort & Spa and Sub Oceanic Maldives exemplifies how world-class training, hospitality and dive operations can combine to promote eco-conscious travel, marine education and inspiring storytelling, encouraging the next generation of divers.
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Tiny flippers, big journey: sea turtles hatch at Alila Kothaifaru

A magical scene is unfolding at Alila Kothaifaru Maldives, as the island becomes a nurturing ground for the next generation of marine life — sea turtle hatchlings. With four active nests currently incubating, guests and marine enthusiasts alike are eagerly anticipating the emergence of these tiny creatures, expected to align with the next full moon.
Following a recent successful hatching, the remaining three nests have been identified as belonging to Green Sea Turtles — one of the largest sea turtle species inhabiting tropical and subtropical waters. Renowned for their smooth, heart-shaped carapaces and their herbivorous diet of seagrass and algae, these gentle marine giants play a vital role in sustaining healthy coral reefs and marine ecosystems. One additional nest is believed to belong to a Hawksbill turtle, although this has yet to be confirmed.
“Sea turtles are fascinating creatures. They lead largely solitary lives and migrate thousands of kilometres between their feeding and nesting grounds,” explains Fernanda Cortina Escalante, the resort’s resident Marine Biologist. “It’s incredibly special to witness this phase of their life cycle so closely here on our island.”
Turtle reproduction is an intricate and delicate process. These ancient mariners return to the very shores on which they were born to lay their eggs, usually under the cover of darkness. Female turtles dig nests in the sand, where the eggs incubate for 45 to 70 days before the hatchlings instinctively head towards the sea.
Green Sea Turtles can live between 60 and 80 years, grow up to 1.5 metres in length, and weigh as much as 300 kilograms. Their remarkable physiology allows them to hold their breath for up to five hours while resting, an impressive adaptation to life in the ocean.
“Hosting these nests provides us with a unique opportunity to educate guests about sea turtle conservation and promote greater awareness of marine biodiversity,” says Camille Berger, Euro-Divers Manager at Alila Kothaifaru Maldives. “We feel fortunate to share this meaningful experience with guests from across the globe.”
The resort places a strong emphasis on conservation, working closely with its in-house marine biologist to monitor and protect the nesting sites.
“A new generation of sea turtles has officially embarked on its journey into the ocean, with 61 tiny hatchlings recently making their way from nest to sea,” shares Thomas Weber, General Manager of Alila Kothaifaru Maldives.
“Moments like these remind us of both the beauty of nature and the responsibility we bear in preserving this extraordinary ecosystem. It is a true honour to be part of the journey of these magnificent creatures.”
Guests staying at the resort may have the rare opportunity to witness a live hatching — an unforgettable experience of nature at its most raw and awe-inspiring.
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Island traditions shine at Nova Maldives’ Maldivian magic festive programme

This festive season, Nova Maldives is set to welcome travellers with ‘Maldivian Magic – A Festive Fusion,’ a curated programme running from 21 December 2025 to 7 January 2026. Rooted in over 2,500 years of Maldivian heritage, the soulful celebration draws inspiration from the nation’s seafaring past, storytelling traditions, and rituals centred on joy and connection.
The festive itinerary invites guests to immerse themselves in enriching experiences that blend the serenity of the sea with vibrant seasonal celebrations. Morning adventures include Ocean Glides with Koamas—a thrilling jet ski excursion to encounter dolphin pods in their natural habitat—and snorkelling trips to observe whale sharks and manta rays in their graceful element. Those seeking a more tranquil experience may embark on a Private Catamaran Sunset Cruise, ideal for couples or friends, offering unhurried sails across turquoise waters under golden skies.
Evenings present further marine exploration, with night snorkelling sessions offering glimpses of nocturnal marine life—baby reef sharks, crustaceans, and colourful reef fish—bringing the quiet enchantment of the ocean to life after dark.
Gastronomy plays a central role in the celebrations, with a culinary theme titled “Taste of the Atolls.” At Wink Bar each afternoon, guests may join Elixirs of the Isles—a creative mixology class using local fruits and botanicals. Mizu, the resort’s overwater teppanyaki venue, hosts an Ocean Umami dinner experience that combines Japanese precision with Maldivian flavours. Meanwhile, FLAMES offers a Maldivian Fishermen’s Feast—a beachside seafood extravaganza accompanied by bubbles and live island music.
Adding a cultural touch to the culinary journey is Malaafaiy Keyn, a seasonal dining experience showcasing traditional Maldivian cuisine. Served on a handcrafted malaafaiy platter, the dish includes fragrant rice, spiced curries, and heritage side dishes, all enjoyed in a bespoke Mauloodh Haruge dining hall—creating a bridge between the past and present.
For guests seeking serenity, the Private Finolhu Sandbank Escape provides an opportunity to retreat to a white-sand islet. Here, chilled Prosecco, curated canapés, and the gentle rhythm of waves set the tone for a tranquil afternoon, perfect for individuals, couples, or anyone wishing to recharge.
At EsKape Spa, seasonal wellness offerings include the Kaashi Naashi Ritual, a rejuvenating treatment using coconut oil and shells, concluding with a soothing head massage. Also available is the Soulful Healing through Dhivehi Beys—a restorative oil massage incorporating local herbs, spices, and virgin coconut oil, drawing on ancestral knowledge and therapeutic practices to harmonise body and spirit.
The celebration begins with the Grand Christmas Tree Lighting, a starlit gathering filled with carols and island traditions. On Christmas Eve, guests are treated to a fire show and beach party, followed by a Gala Dinner featuring both Maldivian specialities and festive classics. Christmas morning sees Santa Claus arriving at Wink Beach, met with handcrafted cocktails and sweet treats to delight guests of all ages.
The New Year’s Eve festivities conclude the season in spectacular fashion, with a fireworks display and an evening of live music, DJ performances, and festive cocktails. On New Year’s Day, guests are invited to ease into 2026 with the First Brunch of ’26—a leisurely affair featuring live cooking stations and flavourful dishes in a sunlit, relaxed setting.
“Our festive offerings go beyond seasonal cheer,” says Abdulla Aboobakuru, General Manager at Nova Maldives. “They embody the island’s rich cultural heritage, creating immersive moments of joy, tradition, and meaningful connection.”
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