The Onyx

The Onyx — The Greens / Sheikh Zayed Road, Dubai

TL;DR

The Onyx is a landmark multi-tower mixed-use development by Ishraqah at The Greens, adjacent to Sheikh Zayed Road, completed October 2017. Comprising three interconnected towers hosting 1-bedroom to 3-bedroom premium apartments (avg. 1,000 sq ft), commercial office spaces (1,000–3,000 sq ft), the Zabeel House by Jumeirah boutique hotel, and a two-level retail podium with Michelin-standard dining — from AED 1,350,000 — The Onyx is one of Dubai's most sophisticated live-work-play addresses: walking distance to the Dubai Internet City Metro station, directly adjacent to The Greens community, and fronting Sheikh Zayed Road's commercial corridor.

Key Numbers at a Glance: | Metric | Detail | |---|---| | Developer | Ishraqah | | Location | The Greens / Sheikh Zayed Road, Dubai | | Status | Ready / Completed (October 2017) | | Unit Types | 1BR, 2BR, 3BR Apartments, Office Spaces, Hotel Suites | | Apartment Sizes | 1BR ~1,000 sq ft / 2BR 1,400–1,600 sq ft | | Price Range | AED 1,350,000 – AED 2,800,000 | | Towers | Three (commercial, mixed-use, hotel) | | Hotel Partner | Zabeel House by Jumeirah (4-star boutique) | | Key Features | Michelin dining, metro proximity, SZR frontage |

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Location — The Greens / Sheikh Zayed Road

The Onyx is positioned at the junction of The Greens community and Sheikh Zayed Road (E11) — one of the UAE's most strategically significant addresses. The Greens is one of Dubai's most sought-after residential communities: an Emaar master development known for its mature landscaping, pedestrian-friendly tree-lined paths, strong community infrastructure, and proximity to the Dubai Internet City / Media City free zone corridor.

Distance from Key Landmarks:

• Dubai Internet City Metro Station: 400m walking distance
• Dubai Internet City free zone: 1 km (2 minutes)
• Dubai Media City: 2 km (4 minutes)
• Knowledge Park: 2 km (4 minutes)
• Dubai Marina / JBR: 7 km (8 minutes)
• Palm Jumeirah: 10 km (12 minutes)
• Mall of the Emirates: 7 km (9 minutes)
• The Greens community entrance: adjacent (walking)
• Downtown Dubai / Burj Khalifa: 22 km (20 minutes)
• Dubai International Airport: 28 km (26 minutes)
• Sheikh Zayed Road (E11): direct frontage

The Dubai Internet City Metro Station (Red Line) is 400m from The Onyx — essentially walking distance — providing direct, traffic-free connectivity to Dubai Marina, DIFC, Downtown Dubai, and Dubai International Airport. This makes The Onyx one of the most Metro-accessible mixed-use developments in the entire Sheikh Zayed Road corridor.

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Project Overview — Three Towers, One Ecosystem

The Onyx comprises three distinct towers connected by a two-level retail and amenity podium:

Tower 1 — Commercial Office Tower:

• 14 storeys
• Premium fitted office spaces (1,000–3,000 sq ft)
• Attracting media, technology, and professional service companies seeking proximity to Dubai Internet City and Media City without the free zone cost structure

Tower 2 — Mixed-Use Residential & Commercial:

• 24 storeys
• Ground and lower floors: commercial offices
• Mid and upper floors: 1BR, 2BR, and 3BR residential apartments
• Apartments with views of The Greens' mature tree canopy, the Emirates Golf Club, and the Sheikh Zayed Road cityscape

Tower 3 — Zabeel House by Jumeirah:

• Boutique 4-star hotel managed by Jumeirah Group
• Hotel suite inventory for residential-style hotel living
• Access to hotel amenities: restaurant, bar, lounge, business centre, spa, fitness

The Podium (Two Levels):

• Retail outlets connecting all three towers
• Dining establishments including Michelin-standard restaurant concepts
• Coffee shops, casual dining, and essential retail services

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Unit Mix & Specifications

| Unit Type | Size | Starting Price | |---|---|---| | 1 Bedroom Apartment | Avg. 1,000 sq ft | AED 1,350,000 | | 2 Bedroom Apartment | 1,400 – 1,600 sq ft | AED 1,800,000+ | | 3 Bedroom Apartment | Spacious (enquire) | AED 2,500,000+ | | Office Space | 1,000 – 3,000 sq ft | Commercial pricing | | Hotel Suite | Premium | Hotel nightly rates |

The Size Advantage: At an average of 1,000 sq ft for 1-bedroom apartments, The Onyx significantly exceeds the Dubai market average for this configuration (typically 700–850 sq ft). This spatial generosity is particularly valued in the Greens/Media City professional tenant market — executives and senior professionals who expect larger living spaces and are willing to pay proportionally higher rents.

Interior Specifications:

• Contemporary finishes with quality materials throughout
• Modern fitted kitchens with quality appliances
• Elegant bathroom suites with premium fixtures
• Built-in wardrobes in all bedrooms
• Central air conditioning
• Floor-to-ceiling glazed windows maximizing natural light
• Private balconies on most configurations
• Views of Emirates Golf Club, The Greens tree canopy, or SZR

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Amenities & Hotel Access

Building-Level:

• Multiple temperature-controlled swimming pools
• Gymnasiums with modern fitness equipment
• Business centre for resident and commercial tenant use
• Underground parking (multiple levels)
• 24-hour concierge services
• 24/7 security and CCTV monitoring
• High-speed elevator systems

Zabeel House by Jumeirah Access: Residential tenants and owners at The Onyx have proximity to the Zabeel House hotel's facilities, which are curated by the globally respected Jumeirah Group:

• Lobby bar and lounge for casual dining and meetings
• Restaurant with a lifestyle dining concept
• Business lounge and meeting room facilities
• Fitness centre and spa treatments available to hotel guests

Retail Podium — Michelin-Calibre Dining: The two-level retail podium connecting the towers hosts a curated dining and retail offering. The inclusion of Michelin-standard restaurant concepts within the residential podium — at a walkable distance for Tower 2 residents — is a distinctive lifestyle advantage that elevates The Onyx above typical Sheikh Zayed Road mixed-use towers.

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Developer Profile — Ishraqah

Ishraqah is a Dubai-based property developer focused on mixed-use developments that integrate residential, commercial, and hospitality components. The Onyx is the company's flagship development — a three-tower complex that demonstrates the developer's ambition to create genuine live-work-play destinations rather than single-use residential towers.

The partnership with Jumeirah Group for the Tower 3 hotel component provides institutional credibility and hospitality management expertise that strengthens the broader development's brand positioning and management quality standards.

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Investment Analysis

Why The Onyx Delivers Superior Returns:

• Metro accessibility premium: The 400m walk to Dubai Internet City Metro Station places The Onyx among the 5% of Dubai residential developments with genuine walking-distance metro access. This drives a sustained 10–15% rental premium over car-dependent equivalents
• Media City/Internet City employment proximity: 22,000+ professionals work within 2 km of The Onyx — creating a captive, high-income tenant pool who prioritize proximity to their workplace above all other considerations
• Large apartment sizes: The 1BR average of 1,000 sq ft (vs. Dubai's typical 750 sq ft for 1BRs) attracts premium-paying tenants who value space and are willing to pay the associated rent premium
• Zabeel House brand halo: The Jumeirah Group hotel in Tower 3 provides a hospitality brand association that improves the development's overall prestige and international recognition
• SZR frontage visibility: Sheikh Zayed Road frontage is a permanent marketing advantage — the building's prominence on Dubai's most iconic road provides brand visibility for commercial tenants
• Michelin dining on-site: Walk-to-exceptional-dining is a lifestyle driver for the senior professional demographic that The Onyx attracts
• Completed, mature asset: 8 years of rental data from 2017–2025 provides investors with transparent, real-world yield evidence

Indicative Rental Rates (The Greens / SZR Corridor): | Unit Type | Annual Rent (Est.) | Gross Yield (Est.) | |---|---|---| | 1 Bedroom | AED 110,000 – 145,000 | 7–9% | | 2 Bedroom | AED 165,000 – 210,000 | 7–8.5% | | 3 Bedroom | AED 230,000 – 300,000 | 6.5–8% |

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The Greens Community Context

The Greens is one of Dubai's most consistently popular residential communities:

• Emaar-developed master plan with mature landscaping (20+ years of tree canopy growth)
• Pedestrian-friendly community with lake walks, park paths, and community retail
• The Greens retail strip: Spinneys, multiple restaurants, pharmacies, and service retail
• Emirates Golf Club adjacent — one of Dubai's premier golf courses visible from upper Onyx floors
• Strong community identity: residents' events, pet-friendly culture, established international community

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Summary

The Onyx at The Greens is one of Sheikh Zayed Road's most sophisticated mixed-use developments — three interconnected towers hosting premium residences, offices, the Zabeel House by Jumeirah hotel, and a Michelin-dining retail podium, completed October 2017. From AED 1,350,000 for spacious 1-bedroom apartments averaging 1,000 sq ft, with a 400m walk to the Dubai Internet City Metro Station and 2 km to the Media City and Internet City free zone employment cluster, The Onyx delivers a permanently premium lifestyle address with strong rental fundamentals. For investors and professionals seeking a completed, Metro-adjacent, media-corridor lifestyle development with genuine live-work-play credentials, The Onyx remains one of the strongest performing and most distinctively positioned assets in Dubai's western SZR corridor.