Midrange
Thulhagiri Island Resort
55 basic beach bungalows and 17 water bungalows fully separated, with direct reef access. Good house reef, excellent Sub-Aqua 5* PADI dive centre ~US$50/dive, small pool, some watersports but minimal other facilities no spa. One restaurant, mostly buffet fare, half/full board packages only. Drinks very reasonably priced wine from US$2/glass. All in all, a very good budget choice.
Bodu Huraa
Reopened in 2006 after a thorough renovation under Italian management. The walkway connecting to the Anantara Resort has been demolished, but you are still free to use their facilities. All bungalows are over water. Poor house reef, but snorkelling tours and diving available.
Helengeli Island Resort
Swiss-run 50-room resort at the northernmost tip of North Male Atoll, catering primarily to divers. Renovated in 2004, rooms are basic and have open-air bathrooms. OceanPro dive shop, small pool, one restaurant and bar, very limited recreational activities aside from diving. The house reef and nearby diving are excellent, but fairly exposed to currents.
Top end
Kurumba Maldives
4.5 star resort with 8 restaurants, 3 bars, spa, water sports, dive centre, recreation centre, kids club, reasonable house reef and nice beaches. Range of meal plans including all inclusive menu options.
Anantara Resort
Formerly Dhigufinolhu, reopened in 2006 after a thorough renovation. Great spa, several restaurants, poor house reef.
All resorts listed here are on private islands.