i think that is dubai...............
those are man made islands.......would hate to know what effect it is having in our eco system (moving so much sand from 1 place to the other)....surely must be causing an imbalance somewhere.......maybe even have something to do with the recent run of tsunami's , underwater erruptions etc.....
however, thats one flippin awesome possie.....but if i had that much dosh.......i would have built a reef there too