The initial physical development master plan for Hulhumalé was drawn up by a consortium of consultants – namely AMC Architects International, J Pro Consultants and Binnie Black and Veatch Ltd – based on preliminary documents prepared by the Maldives Housing and Urban Development Board and the Ministry of Construction & Public Works. This initial master plan was reviewed in 2006 by design consultants, Heng Chye Kiang & Low Boon Liang, at the National University of Singapore (NUS).

The master plan of Hulhumalé aims to achieve the objectives for which the island was created through efficient design and development concepts. Economic districts are designated with a view to provide an exciting environment to live, work and play.

The districts include the Waterfront district, Bay View Condominium district, Downtown Commercial district, Strait View district, Academic district, Residential Neighborhood district, Industrial district and the Civic center. A diverse array of land uses are provided within afore said districts.

The planning and design of the overall project is carried out with a view to deliver Hulhumalé as a well planned city which effectively utilizes the land to maximize environmental and economic efficiency in terms of productivity, provision of employment, and advancing the quality of life for the population.