Bluewaters Island is a man-made island being constructed opposite Jumeirah Beach Residence. The development will comprise hotels, apartments, villas, dining and entertainment facilities, and the Dubai Eye, a 210 m (689 ft) tall Ferris Wheel, which will be the tallest in the world when completed. The island will be linked by a highway to Sheikh Zayed Road, and a pedestrian bridge and cable car to Jumeirah Beach Residence. A monorail system will link the island to the Dubai Metro.

Bluewaters is also going to have around 200 beverage and retail and food outlets in the ground level of residential buildings and entertainment section of the island. The total number of residential buildings on the island is 10. Each of these is considered mid-rise and features 15 stories or less.