Yes, eye is in the scrabble dictionary

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Eye Definition

noun

A choice center cut of meat, as of beef: eye of the round.
from The American Heritage Dictionary of the English Language, 4th Edition
A loop, as of metal, rope, or thread.
from The American Heritage Dictionary of the English Language, 4th Edition
A photosensitive device, such as a photoelectric cell.
from The American Heritage Dictionary of the English Language, 4th Edition
A way of regarding something; a point of view: To my eye, the decorations are excellent.
from The American Heritage Dictionary of the English Language, 4th Edition
An opening in a needle.
from The American Heritage Dictionary of the English Language, 4th Edition

idiom

All eyes Fully attentive.
from The American Heritage Dictionary of the English Language, 4th Edition
An eye for an eye Punishment in which an offender suffers what the victim has suffered.
from The American Heritage Dictionary of the English Language, 4th Edition
Clap To look at.
from The American Heritage Dictionary of the English Language, 4th Edition
Have eyes for To be interested in.
from The American Heritage Dictionary of the English Language, 4th Edition
In the eye of the wind Nautical In a direction opposite that of the wind; close to the wind.
from The American Heritage Dictionary of the English Language, 4th Edition

verb-transitive

To look at: eyed the passing crowd with indifference.
from The American Heritage Dictionary of the English Language, 4th Edition
To supply with an eye.
from The American Heritage Dictionary of the English Language, 4th Edition

verb

To fix the eyes on look at .
from Free Scrabble Dictionary
To watch or study closely .
from Free Scrabble Dictionary
To furnish with an eye.
from Free Scrabble Dictionary

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Top Words by points

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eye

6

2 letter words with EYE

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ye

5

3 letter words with EYE

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eye

6

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