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Terms & Legal

Promises
Minister of Infrastructure, Housing and Urban Development Dr. Abdulla Muththalib Made 6 November 2026

On resale of a Ras Male' property between investors, the new owner will be granted a fresh 99-year lease period under a special arrangement with the government

Promised Medium impact
Where it stands today No news yet. It stays “Promised” until an article or an official page shows a change. Since 6 November 2026

The story so far

Newest first
Promised Where it was made

The promise was made

Key numbers in the article
99-year Lease term for Ras Male' leased to Eagle Hills99-year Fresh lease term granted on resale between investors
Exact words from the article
“as investors purchase properties from the company, a special arrangement with the government ensures that in the event of a resale between investors, the new owner will be granted a fresh 99-year lease period.”

Leaked Audio: Muththalib Says Ras Male' Properties to Be Sold on Renewable 99-Year Leases · Raajje (English) · 6 Nov 2026 Source (opens Raajje (English) in a new tab)

No developments have been recorded yet. Until one is, the promise stays at “Promised”.