Zakariyya Mohamed, 79, of GDh. Gahdhoo, has been found deceased.
Zakariyya was reported missing on Thursday after he set out sailing alone between Gahdhoo and Gan in a dinghy.
A Police Media Official said that Zakariyya's body was discovered washed ashore on the southern side of Gan at 11:43 am.
The search team is currently in the process of recovering Zakariyya's body.
Zakariyya had left from Gahdhoo to Gan at around 9:30 am on Thursday. He was later spotted leaving Gan to return to Gahdhoo around 11:35 am on the same day. With no news since then, he was reported missing on Thursday afternoon.
Police and MNDF have been conducting a search for Zakariyya, covering a large area via sea and air. In their efforts, they found the dinghy submerged 10 metres under the sea.