The Eye of Haramad

The Eye of Haramad is used to open the Stasis Chamber of Nexus-Prince Shaffar and summon the void hound Yor in the Mana-Tombs of Auchindoun. Yor can only be summoned if the instance is being run on Heroic.

Source
This item is a quest reward from the quest The Eye of Haramad (quest). You must be with the Consortium to receive this quest.