Historically, Miladhoo was the most developed and most populous island in Noonu Atoll. It is currently the second most populous island in Noonu Atoll. Miladhoo is best known as the most successful island in football in the atoll. Miladhoo DX Sports Club won the Zone Champions League in 2004. Miladhoo is also famous for Eid Kilhivaru. Most economic activity centers around fishing and tourism, followed by rendering taxi service in Male'. Miladhoo is also noted for its political activities.