Zahran Group, a Saudi-based industrial investment conglomerate, in partnership with Ishraqah, a pioneering real estate development and investment company, has announced the launch of The Onyx, Dh1.8 billion mixed-use corporate destinations in Dubai. Construction of this realty development will commence soon on the 2,220,000 sq ft area, which is located on Sheikh Zayed Road next to the Emaar Business Park. The handover date has been scheduled for early 2010.

Hesham El Far, Managing Director, Ishraqah, said, “The project will offer investors the first freehold corporate opportunity available in the area on Sheikh Zayed Road next to Emaar Business Park and will exemplify an open-design concept with views of The Palm Jumeirah and the Emirates Golf Course. On completion in early 2010, The Onyx will feature three modern towers in an integrated environment with a business hotel, office spaces, dining outlets and retail facilities”.

The Onyx real estate project in Dubai is A complete corporate community earmarked for construction incorporating two 25 and 16-storey commercial towers in addition to a 14-storey business hotel with 200 rooms and 10 suites. Guests and businessmen can enjoy state-of-the-art amenities including swimming pools, health clubs, a beauty spa, an oxygen bar, business centres, meeting and conference rooms, cigar lounges, a day care centre, high end retail outlets and fine dining restaurants. The project also features optimum parking ratio, space efficiency and a total of 35 high speed elevators.