His Highness Sheikh Mohammed bin Rashid Al Maktoum, Vice President and Prime Minister of the UAE and Ruler of Dubai, has approved the Bluewaters project, a unique mixed use development by Meraas Holding. Valued at AED6-billion, the destination will be located off the Jumeirah Beach Residence coastline and is poised to emerge as one of the largest tourist hot spots in the world. Meraas has also unveiled plans for the AED 1 billion Dubai Eye that will feature as a major component of the Bluewaters Island development. The world s largest Ferris wheel will prove amust-visit experience for visitors and residents in the UAE and articulates Dubai s long term vision to be a key tourism hub in the world. (The National-Photo courtesy of Dubai Media)
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