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New luxury neighbourhood in shadow of Dubai Eye – but it doesn t come cheap View of the Ain Dubai wheel from the Caesars Palace hotel at the Bluewaters Island in Dubai . Pawan Singh / The National. View of the Cove Beach club at Bluewaters Island in Dubai from Caesars Palace. Pawan Singh / The National. There are 10 residential towers at Bluewaters Island with 698 apartments, 17 townhouse and 4 penthouses. Pawan Singh / The National. View of the apartments at the Bluewaters Island in Dubai. Pawan Singh / The National. There are 40 restaurants and shops open at Bluewaters Island in Dubai, but when fully open there will be 160. Pawan Singh / The National. ....