The first mockup unit of the Maldives Floating City being developed in K. Atoll has been towed to the project site.

Bison Maldives, which has been contracted to build the project’s first homes by Dutch Docklands Maldives, shared photos of the mockup unit on Monday.

“We have successfully completed and towed the first mockup unit of Maldives Floating City,” announced Bison Maldives in a Facebook post.

Maldives Floating City is a new floating development of 5,000 homes being built in a lagoon close to Male’ City.

Dutch Docklands had contracted Bison Maldives to construct the first homes under the project back in February 2022, nearly one year after it was awarded the project. Back then, Bison Maldives said the first homes would be ready before the end of Ramadan last year.

According to Dutch Docklands, Maldives Floating City would be developed as a new floating development of 5,000 homes built in a lagoon a ten-minute speedboat ride away from Male’ City.

The lagoon in question is the number 7 lagoon, located to the west of Aarah.

The initial agreement to utilize floating islands technology to build resorts in Maldives was signed back in 2010 during Nasheed’s administration. Back then, the company was issued lagoons number 9, 19, 17, and 37 for the project.

News of the project resurfaced in international media in 2015, before eventually dying down.

The future of the project remained uncertain until the current administration signed a second agreement with Dutch Docklands in 2019 - to build a floating city near the Maldivian capital.

The project was officially launched in March 2021.