Real estate

3.71B
Rufiyaa Oct 2025
7.1% vs. previous month
3.1% vs. same month previous year
3.46B
Rufiyaa Q3 2025
-2.0% vs. previous quarter
41.8% vs. same quarter previous year
3.55B
Rufiyaa 2024
57.6% vs. previous year
Month
Quarter
Year
Composition of Real estate as at October 2025
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Composition of Real estate as at Q3 2025
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Composition of Real estate as at 2024
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Values in Billions (B) of Rufiyaa
2001 2002 2003 2004 2005 2006 2007 2008 2009 2010 2011 2012 2013 2014 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025
Jan 0.00 0.00 0.00 0.00 0.00 0.00 0.16 0.30 0.35 0.69 0.71 0.61 0.70 0.63 0.67 0.60 1.63 1.73 1.83 2.06 1.99 2.09 2.29 3.55
Feb 0.00 0.00 0.00 0.00 0.00 0.00 0.17 0.31 0.35 0.69 0.70 0.65 0.71 0.62 0.68 0.79 1.63 1.76 1.85 2.04 2.00 2.11 2.30 3.56
Mar 0.00 0.00 0.00 0.00 0.00 0.00 0.17 0.32 0.35 0.68 0.68 0.66 0.70 0.63 0.68 0.83 1.54 1.80 1.85 2.03 2.04 2.14 2.32 3.58
Apr 0.00 0.00 0.00 0.00 0.00 0.00 0.18 0.33 0.35 0.71 0.67 0.67 0.73 0.65 0.70 0.84 1.57 1.81 1.93 2.00 2.08 2.16 2.37 3.55
May 0.00 0.00 0.00 0.00 0.00 0.00 0.19 0.34 0.67 0.70 0.66 0.76 0.73 0.66 0.70 0.71 1.56 1.81 1.94 1.98 2.09 2.19 2.35 3.51
Jun 0.00 0.00 0.00 0.00 0.00 0.00 0.20 0.34 0.67 0.69 0.65 0.74 0.73 0.54 0.70 1.37 1.55 1.79 1.95 2.00 2.09 2.16 2.38 3.53
Jul 0.00 0.00 0.00 0.00 0.00 0.00 0.23 0.34 0.67 0.69 0.63 0.76 0.73 0.55 0.73 1.38 1.69 1.81 1.92 1.99 2.08 2.13 2.37 3.51
Aug 0.00 0.00 0.00 0.00 0.00 0.00 0.24 0.35 0.67 0.69 0.63 0.76 0.73 0.60 0.73 1.44 1.70 1.82 1.96 2.00 2.11 2.16 2.40 3.45
Sep 0.00 0.00 0.00 0.00 0.00 0.65 0.25 0.37 0.67 0.75 0.63 0.65 0.63 0.60 0.72 1.45 1.69 1.83 1.99 2.00 2.11 2.19 2.44 3.46
Oct 0.00 0.00 0.00 0.00 0.00 0.01 0.26 0.37 0.70 0.74 0.65 0.66 0.61 0.62 0.66 1.59 1.69 1.82 2.01 1.98 2.10 2.18 3.59 3.71
Nov 0.00 0.00 0.00 0.00 0.00 0.00 0.28 0.37 0.69 0.73 0.64 0.65 0.62 0.67 0.64 1.63 1.70 1.84 2.05 1.96 2.06 2.23 3.58
Dec 0.00 0.00 0.00 0.00 0.00 0.00 0.15 0.30 0.36 0.69 0.72 0.61 0.71 0.62 0.67 0.63 1.64 1.70 1.84 2.04 1.97 2.10 2.25 3.55
2001 2002 2003 2004 2005 2006 2007 2008 2009 2010 2011 2012 2013 2014 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025
Q1 0.00 0.00 0.00 0.00 0.00 0.00 0.17 0.32 0.35 0.68 0.68 0.66 0.70 0.63 0.68 0.83 1.54 1.80 1.85 2.03 2.04 2.14 2.32 3.58
Q2 0.00 0.00 0.00 0.00 0.00 0.00 0.20 0.34 0.67 0.69 0.65 0.74 0.73 0.54 0.70 1.37 1.55 1.79 1.95 2.00 2.09 2.16 2.38 3.53
Q3 0.00 0.00 0.00 0.00 0.00 0.65 0.25 0.37 0.67 0.75 0.63 0.65 0.63 0.60 0.72 1.45 1.69 1.83 1.99 2.00 2.11 2.19 2.44 3.46
Q4 0.00 0.00 0.00 0.00 0.00 0.00 0.15 0.30 0.36 0.69 0.72 0.61 0.71 0.62 0.67 0.63 1.64 1.70 1.84 2.04 1.97 2.10 2.25 3.55
2001 2002 2003 2004 2005 2006 2007 2008 2009 2010 2011 2012 2013 2014 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024
0.00 0.00 0.00 0.00 0.00 0.00 0.15 0.30 0.36 0.69 0.72 0.61 0.71 0.62 0.67 0.63 1.64 1.70 1.84 2.04 1.97 2.10 2.25 3.55
Notes

From June 2017 onwards, construction loans are reported as real estate loans when all proceeds under the loan have been advanced as per instructions in MMA financial returns.

Data
ID 2630
Range Dec 2001 - Oct 2025
Frequency Monthly
Source
Maldives Monetary Authority

© 2025, Maldives Monetary Authority