Dubai has proposed a series of mega projects reminiscent of its boom years before the downturn hit in 2009, which include theme parks and a satellite city named after the ruler.

According to reports, the wheel which has been named as the Dubai Eye, is expected to dwarf the London Eye (135 m), a giant Ferris wheel situated in London, Stuff.co.nz reports.
The wheel, whose construction is expected to begin this year, is a part of an island development project worth 1.6 billion US dollars which was approved by the ruler.
Source-ANI
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