Shaikh Mohammad Bin Rashid visits Bluewaters Island located off the coast of Jumeirah Beach Residence Image Credit: WAM

Dubai: His Highness Shaikh Mohammad Bin Rashid Al Maktoum, Vice-President and Prime Minister of the UAE and Ruler of Dubai, on Monday visited Bluewaters Island, a man-made mixed use island located off the coast of Jumeirah Beach Residence.

Shaikh Mohammad Bin Rashid inspected the Dh8-billion Bluewaters island project located off the coast of Jumeirah Beach Residence on Monday.

The development, by Meraas Holding, will include hotels, housing units and service and recreational facilities with total investments of Dh8 billion.

Related: Four things you should know about Bluewaters Island

Shaikh Mohammad tours Dubai's Bluewaters Island project, which is now nearing completion at 300m off the Jumeirah Beach Residence (JBR) coastline. Low-rise residences will be right next to a plaza dominated by Ain Dubai, the world’s largest observation wheel, and an assortment of retail and food and beverage outlets.

Shaikh Mohammad underlined the value of unique development projects and their importance in consolidating the UAE’s leading position as a tourism and investment destination on the global stage.

Tourist destination

“The UAE has become a favourite destination to visitors and investors from the region and entire world, as we want our country to always remain the land of happiness and hope for our people and visitors,” Shaikh Mohammad said.

He said these major projects offer thousands of jobs in various specialities, boosting the job market and increase opportunities for youth.

Shaikh Mohammad was accompanied by Shaikh Ahmad Bin Saeed Al Maktoum, President of Dubai Civil Aviation and Chairman and CEO of Emirates Airline and Group, Mohammad Ebrahim Al Shaibani, Director-General of Dubai Ruler’s Court, and Mohammad Al Abbar, Chairman of Emaar Properties.