Sharjah Salik Gates. Dubai's Hundred Million Dollar Baby

(Photo credit: Wikipedia)

Back in 2007, when Dubai's Salik road toll was first talked about, there were rumblings and mumblings that the Al Ittihad road linking Dubai and Sharjah would be one of the locations for toll gates. The feared gate didn't materialise at the time. In fact, Dubai's Road and Transport Authority was at pains to dampen speculation regarding a 'phase two' which meant, of course, that phase two was just around the corner.

When it came, phase two added a gate to the Sheikh Zayed Road and one to Maktoum Bridge. Both of these, as the original gates, were avoidable, but only by taking a more roundabout route. In fact the RTA, which likes to trumpet its green credentials (even going so far as to award a silver-plated cow's aorta for sustainable transport), has created a system of tolls that lengthens thousands of commuters' journeys each day by taking the most direct route.

And so it is with the new gates, which set the extraordinary precedent of taxing travel between two emirates. You'll be able to make a tax-free Sharjah/Dubai journey by travelling out to the E311 (The Road Formerly Known As The Emirates Road), a significantly longer drive than the Ittihad road. This is predicated on the vast road improvement scheme currently underway on the E311, which upgrades the junctions leading up to the infamous National Paints Roundabout and is intended to remove the bottleneck at National Paints. This is scheduled, we are told, for completion in April. I'll be delighted if it is, but looking at the current state of National Paints I simply can't see it happening.

What will happen if the changes to National Paints aren't ready or, worse, turn out not to work? Will the RTA go ahead, turn on Salik on April 15 (the announced 'go live' date) and create massive, snarling jams on a road already comprehensively choked by the large volume of inter-emirate traffic it carries? The move will certainly put huge pressure on a brand new road network in a known and notorious traffic hotspot. But then it's Sharjah's problem, isn't it? Dubai won't care, it'll be too busy counting the proceeds.

Back when it was launched, Salik was meant to raise Dhs600 million a year in fees according to 'traffic expert' and chairman of the RTA, Mattar Al Tayer. It's consistently whizzed past those targets, raising a stunning Dhs669 million in 2008 and 776 million in 2009. Media reports in 2011 told of Salik being used to underpin securitised loans of Dhs 2.93 billion based on its revenues to 2015. Apart from that, we have seen few up to date figures on Salik revenues - but a four year loan of Dhs2.93 billion would be about consistent with 2009 revenues - a tad over Dhs730 million a year. There's no doubt, whatever its impact on traffic has been, it has been an amazing success financially.

Now, with the Ittihad road carrying some 260,000 vehicles a day, an amazing number but one that comes straight from the horse's mouth, the RTA can look forward to raising a cool million dirhams a day or a hundred million dollars a year. According to the RTA itself, the whole scheme is intended to divert some 1500 vehicles per day to the E311 or E611 Dubai Bypass Road. I can see a lot more than 1,500 people choosing to take the long way round to avoid paying Dhs8 per day. Most people around here would buy and sell you for a Dirham.

That's effectively a hundred million dollar tax on travel to and from Sharjah. Neat.

It also means you're paying Dhs28 straight away to any taxi to take you to Dubai before the meter starts ticking and Dhs36 if you cross any of the 'internal' Salik gates. When I first came here, you could get a cab to Chicago Beach from Sharjah for Dhs25. Ah, me, but those were the days, eh?

Eye eye! The Bluewaters Dubai Eye Ferris Wheel

The first Ferris wheel from the 1893 World Columbian Exposition in Chicago. (Photo credit: Wikipedia)

Funny thing to name a giant Ferris wheel after, a radio station, but there's no telling what folk will get up to these days.

National news agency WAM carries the news Dubai Ltd has announced another megaproject, the latest in a clearly signalled campaign of 'We're back' announcements. Braggadocio or bravado? You tell me. The Bluewaters plan will see a £1 billion island development off the beach by 'live the lifestyle' Jumeirah Beach Residence. On said island, developers Meeras are plonking an hotel (five star, natch), residences, a souq, an entertainment zone and the world's largest Ferris wheel.

Of course it couldn't just be a big Ferris wheel. It has to be a jaw-dropping, eye-popping 210 meter billion Dirham Ferris wheel. Ideally, scattered with hundreds and thousands and topped with glacé cherries.

It's all based on market studies that indicate the project can expect three million tourists a year to flock to its candy-floss stores and queue up to get a ride

Ferris wheel watchers will likely think this baby will be pipping the London Eye to the biggest Ferris wheel in the world post, but they'd be wrong. It's already been pipped twice - at a mere 135 metres, the London Eye is the mini-me of Ferris wheels (named after their inventor, a Mr. George Washington Gale Ferris, Jr) and was outstripped just six years after its opening by The Star Of Nanchang, a 160 metre behemoth. Just two years later, Singapore ripped the rug from under Nanchang's feet with the Singapore Flyer, which sneaked past the Star to take the Guinness Book entry with a mere five metres' lead.

The Flyer cost Dhs 876 million to build, so it looks like Meeras is getting a bargain from Hyundai Contracting, which will build the Dubai Eye wheel. If the Dubai Eye takes after the Star and the Flyer, it'll rotate once every 30 minutes, be in constant motion (no stopping to get on and off) and have gondolas with a capacity of 28 people.

Those with the memory span of a Higgs Boson will recall The Great Dubai Wheel, which was to have been built in DubaiLand by the Great Wheel Corporation. The project gained planning permission in 2006 and was officially announced as kaputski in 2012 after GWC had gone belly-up with a trail of failed Ferris wheel projects behind it. The Great Dubai Wheel was to have been a 185 metre wheel.

The fate of the Great Wheel Corporation is a fascinating one. It reeled from merger to acquisition to bankruptcy to collapse, through a number of iterations right up until 2012, when it finally folded. By then it was called Great City Attractions Global. GCAG's assets were acquired by Dubai-based Freij Entertainment International which operates GCAG's UK assets through its UK subsidiary Wheels Entertainments Ltd - including the controversial 53-metre York big wheel.

Freij bills itself as 'The world's biggest operator of Amusement Rides' although taking a look at www.freij.com you could also call it the world's biggest operator of a totally rubbish web presence.

Freij operates Dubai's Global Village, the site of the recent fatality when a part fell off the 60 metre Ferris wheel there - it was subsequently revealed this travelling wheel had been linked to the deaths of five people under previous ownership.

And in fact it was Freij CEO Freij Al Zein who first talked to media in April last year about a billion Dirham giant Ferris wheel to be called the Dubai Eye. Slated at the time to be a 170 metre wheel as part of a major 93,000 metre indoor amusement park complex, the project would appear to have finally come to fruition.

Quite whether Freij is still involved is pure speculation - developer Meeras hasn't updated a press release on its website since 2011, so any reliable information on the Bluewaters project beyond the WAM story is scant right now.

But it's interesting, isn't it, the way in which the Great Dubai Wheel dream never really went away but became a baton to be passed from hand to hand?

I wonder when the undersea hotel scheme will bob up to surface again...

PS - It seems to be a coincidence, as the WAM story doesn't mention it, but the story broke on George Ferris' birthday, as celebrated by today's Google doodle! Eerie!