
Al Alka 1
Al Thanyah Third · Emaar
Ready building · Ishraqah
Highlights
The Onyx - Tower 1 is a commercial building in Al Thanyah Third, Dubai, developed by Ishraqah. It holds about 216 units: commercial units. Depending on the unit, windows look out over Golf Course.
The building was completed in 2016 and has been in use for about 10 years. 5 units changed hands in the last 12 months, registered with the Dubai Land Department.
The Onyx - Tower 1 is one of 86 buildings in Al Thanyah Third: 20 are complete and 1 are still being built.
The Onyx Tower 1 is a full commercial building and is one of the very few freehold projects on Sheikh Zayed Road. The building also offers stunning views and has an interconnected podium area that links the three towers. It has underground parking, concierge services and 24-hour maintenance and security, large lobbies and walking areas, separate entrances and elevators for office and residential space.
Building details
There are about 216 of these in The Onyx - Tower 1, from 90 to 2,700 sq ft. They have recently sold for a median of AED 4.4M, or AED 4,000 per sq ft. Owners who resold made a median 27% over what they paid.
| Unit type | Units | Size | Median price | Median rent |
|---|---|---|---|---|
| Commercial | 216 | 90 sqft8.4 sqmt – 2,700 sqft250.8 sqmt | AED 4.4M | – |
The 2026 service charge in The Onyx - Tower 1 is AED 18.26 per sq ft for commercial units, AED 18.26 per sq ft for offices. It is paid yearly by the owner, covers upkeep, security and shared areas, and is set by the building’s owners association and registered with the Dubai Land Department. Each parking space adds about AED 500 a year.
| Unit type | Rate per sq ft | Size | Yearly charge |
|---|---|---|---|
| Commercial (2026) | AED 18.26 | 90 sqft8.4 sqmt – 2,700 sqft250.8 sqmt | AED 1,643 – AED 49,302 |
| Offices (2026) | AED 18.26 | 90 sqft8.4 sqmt – 2,700 sqft250.8 sqmt | AED 1,643 – AED 49,302 |
Source: Dubai Land Department service charge index. Rates are reviewed each year.
Nearby amenities
The nearest Dubai Metro station from The Onyx - Tower 1 is Dubai Internet City (red line, 0.8 km, about 10 min walk), then Nakheel (red line, 1.4 km, about 5 min drive). Stations planned on new lines nearby include Knowledge Village (orange line, 1.1 km, about 13 min walk) and Palm Jumeirah (orange line, 1.3 km, about 5 min drive).
The closest is Spinneys / Emaar Towers, Dubai Marina, 2.3 km from The Onyx - Tower 1 (about 7 min drive).
The closest is Radisson Blu Hotel, Dubai Deira Creek, 0.6 km from The Onyx - Tower 1 (about 7 min walk).
The closest is Mediclinic - Al Sufouh, 0.9 km from The Onyx - Tower 1 (about 11 min walk).
The closest is JBR Beach, 4.1 km from The Onyx - Tower 1 (about 10 min drive).
The nearest is Icademy Middle East Fz.Llc, 0.9 km away. Ratings are the KHDA's latest inspection grades.
Al Thanyah Third has 86 buildings. A few others to compare The Onyx - Tower 1 with:
FAQs
A broker who works Al Thanyah Third will tell you what is available and what comparable homes went for.