Bluewaters Island is a man-made island located next to Jumeirah Beach Residence in Dubai by Meraas. The development offers apartments and townhouses at a prime location and also features 5-star hotels, retail outlets and entertainment establishments. Bluewaters Island is home to Ain Dubai, the world’s largest observation wheel. Bluewaters Island is a $1.6 billion project developed by Meraas, the real estate company that is famous for their City Walk in Jumeirah and The Beach at Jumeirah Beach Residence. The development is located in 500 meters from Jumeirah Beach Residence. Meraas Bluewaters Island is considered to be one of Dubai's best destinations. The area features ten residential buildings, two 5-star hotels, 164 shops and cafes, and its most significant attraction the Ain Dubai. It is the largest observation wheel in the world with the height of 210 meters which offers unobstructed views of the city. The residential buildings comprise totally 698 apartments including 1-3-bedroom units. Each residential unit is provided with one or two parking spaces. There are also 4 penthouses and 17 townhouses. Each residential building provides its residents with gym, swimming pool, landscaped garden children’s playground.