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Only Maldivians and foreign Muslims expected to reside in Rasmalé: President
President Dr Mohamed Muizzu said the USD 20 billion Rasmalé Waterfront and Marina development by UAE-based Eagle Hills is expected to be home mostly to Maldivians and foreign Muslim residents, and that Israeli nationals will not be permitted to buy or rent property there or enter the Maldives. He announced the government intends to introduce legislation capping property sales to nationals of any single foreign country at 25 percent, with no quota for Maldivian buyers.
Sources1carried itTS1 of 19 news outlets we monitor
Figures5as written, with their sentences
One outlet so far Only The Standard has reported this among the sources we monitor. A gap in what we monitor, not proof that others did not report it.
Promises in this story
what was committed, and where it stands
President Dr Mohamed Muizzu · Authorities will conduct comprehensive Know Your Customer (KYC) checks to verify the nationality of prospective property buyers
President Dr Mohamed Muizzu · Introduce legislation limiting the proportion of properties that can be sold to citizens of any single foreign country to no more than 25 percent, while imposing no quota on Maldi…
Nothing to compare yet. If another monitored source reports it, its headline appears beside this one.
Figures in these reports
as written, with the sentence they come from
USD 20 billionvalue of the Rasmalé Waterfront and Marina developmentThe StandardThe USD 20 billion Rasmalé Waterfront and Marina project is planned across approximately 500 hectares and is intended to include residential properties, a marina, retail and dining facilities
Word for word from the report in The Standard. Open the report
25 percentmaximum share of properties saleable to nationals of one foreign countryThe Standardnationals of one foreign country would be permitted to purchase no more than 25 percent of the properties available within the development.
Word for word from the report in The Standard. Open the report
approximately 500 hectaresarea planned for the Rasmalé Waterfront and Marina projectThe StandardThe USD 20 billion Rasmalé Waterfront and Marina project is planned across approximately 500 hectares
Word for word from the report in The Standard. Open the report
approximately 1,150 hectaresland expected from the wider Rasmalé land reclamation initiativeThe StandardThe wider Rasmalé land reclamation initiative is expected to create approximately 1,150 hectares of land, with 716 hectares already reclaimed.
Word for word from the report in The Standard. Open the report
716 hectaresland already reclaimed under the Rasmalé initiativeThe Standardwith 716 hectares already reclaimed.
Word for word from the report in The Standard. Open the report
Other events named
no clear day, as worded
The Government of Maldives and Eagle Hills signed a commercial terms agreement for the developmentMaldivesThe StandardThe Government of Maldives and Eagle Hills have signed a commercial terms agreement for the development.
Word for word from the report in The Standard. Open the report
The Maldives enacted legislation prohibiting entry to individuals travelling on Israeli passportsApril 2025MaldivesThe StandardIn April 2025, the Maldives enacted legislation prohibiting entry to individuals travelling on Israeli passports, following public and political calls for stronger measures in response to Israel’s military operations in Gaza.
Word for word from the report in The Standard. Open the report
