ADGM-registered Atoll Estates launches 1st sustainable luxury tourism project in Maldives

By Arya M Nair, Intern Reporter
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Maldives, Image Courtesy; Pexels

Abu Dhabi Global Markets (ADGM) registered Atoll Estates Holding has entered the Maldives with the launch Projekt Delfin, the first luxury tourism development to operate on renewable energy.

Atoll Estates with its subsidiary Prime Atoll Maldives acquired an expansive site for the multi-resort development with a full-scale yacht marina, in the most secluded part of Malé Atoll.

The multi-generational destination is expected to be opened to tourists in 2025. The proposed development is a multi-million dollar project and is being designed by the world’s top architects and designers having a presence in the Middle East.

A short 40-minute boat ride from the Male International airport will bring future guests to the ‘destination’ with a choice of 3 distinct resorts, 24 F&B outlets, underwater attractions, and a host of amenities that are curated keeping everyone in mind, families, couples, digital nomads, or meetings, incentives, conferencing, and exhibitions (MICE) travelers.

Mr. Dmitry Bourtov and Mr. Amit Majumder, co-founders of Atoll Estates, said that “With the use of renewable energy, efficient buildings, and a circular economy for waste, the development will be net-carbon neutral without compromising guest comfort, enhancing their overall experience. Sustainability is at the heart of the project, and every aspect of an ESG investment portfolio is considered. It aims to deliver above the current requisites. Developing a unique, sustainable, and exclusive destination in the high-returns tourism industry of the Maldives is an exceptional opportunity.”

The company was founded by industry professionals and developers to create unique tourism destinations and products, which will be environmentally, socially, and culturally sustainable in every geographic location, catering to a broad cross-section of the tourism market segment.

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