Dubai real estate developer Omniyat Properties is to build a $266.7m ‘floating’ towers development in Dubai that will be designed by Zaha Hadid.

Unveiled to investors in London on Tuesday, Omniyat said the Opus development would appear to hover above the ground. “This is a building that challenges traditional concepts of office space,” said Hadid. “Not only will it be visually stunning, it will also be a workable space, and a place that allows every occupant to experience a better quality working environment, using the very latest technological advances.”

Located in the Business Bay district near the World Trade Centre, the 22-storey development will consist of three separate towers designed to appear as a single cube-shaped structure. A major feature will be the hole through its centre, dubbed ‘the void’, which will be clad in reflective curved glass.

Within the 1.7 million square foot development, there will be a retail area on the ground, first and second floors, while the top floor will feature a ‘tranquility zone’, beach deck and reflective pool.

“The Opus project combines art and performance with form and functionality,” said Mehdi Amjad, president and CEO of Omniyat Properties.

“The strategic location, stunning exterior and the extensive range of facilities make the Opus project a strategic buy for potential investors who can expect considerable returns on their investment,” he added.

The project will be launched at Cityscape property exhibition in Dubai in October 2007. Construction is due to start later this year and the project should be completed by 2010.