By Preeti Kannan www.thenational.ae
DUBAI // The world’s largest Ferris wheel, the Dubai Eye, will be built off the coast after plans for a Dh6 billion entertainment project were approved today.
The Bluewaters Island project to be built near Jumeirah Beach Residence was tonight given the go-ahead by Sheikh Mohammed bin Rashid, Vice President and Ruler of Dubai.
The developers Meraas Holding said the island, which will include the 210-metre Dubai Eye, is expected to attract more than three million visitors a year. The Ferris wheel alone will cost Dh1bn.
Construction of the Dubai Eye, which will surpass the 165-metre Singapore Flyer that was completed in 2008, is expected to start before June.
The two-phase island project is expected to be completed within three years.
The first, which includes the Dubai Eye, retail, residential, hospitality and entertainment zones, will be ready in two years.
Phase two is expected to be completed within 12 months later and will include low-rise residential buildings. More info