Property Prices in Male, Maldives

Index Info
Price to Income Ratio: 9.94
Mortgage as Percentage of Income: 134.74%
Loan Affordability Index: 0.74
Price to Rent Ratio - City Centre: 12.15
Price to Rent Ratio - Outside of Centre: 12.37
Gross Rental Yield (City Centre): 8.23%
Gross Rental Yield (Outside of Centre): 8.08%
Rent Per Month
Edit Range
Apartment (1 bedroom) in City Centre 14,222.22 Rf 10,000.00-20,000.00
Apartment (1 bedroom) Outside of Centre 10,000.00 Rf 9,000.00-16,000.00
Apartment (3 bedrooms) in City Centre 26,000.00 Rf 20,000.00-35,000.00
Apartment (3 bedrooms) Outside of Centre 21,375.00 Rf 18,000.00-30,000.00
Buy Apartment Price
Edit
Price per Square Feet to Buy Apartment in City Centre 3,527.17 Rf 2,499.98-7,704.94
Price per Square Feet to Buy Apartment Outside of Centre 2,719.33 Rf 1,858.05-3,499.97
Salaries And Financing
Edit
Average Monthly Net Salary (After Tax) 16,903.68 Rf
Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate 12.40 8.00-15.00

These data are based on 76 entries in the past 18 months from 13 different contributors.
Last update: March 2025

Sources and References
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2 Comments so far
Jennifer Chetty on Apr 04, 2022:
Hi,I am planning to rent a guesthouse in maldives.
Can you please me the quotation.
Thanks,
Jennifer
Shefali Uniyal on Mar 26, 2021:
Hi, I am staying in India. Intrested to buy or lease a property in Maldives. It should be a tourist place because planning to put it on rent.

Thank,
Shefali