1WOOD Residence 2

Object One Real Estate Development · studio, 1BR, 1.5BR, 2BR, 2.5BR · Jumeirah Village Circle, Dubai

1WOOD Residence 2 is a residential project by Object One Real Estate Development in Jumeirah Village Circle, Dubai, offering studio, 1BR, 1.5BR, 2BR, 2.5BR layouts. Prices start from AED 766,491. This is an off-plan purchase with expected completion in December 2027 on a 60% during construction, 40% on handover payment plan. The indicative gross yield band for this area and unit mix is 7% – 9%: below you will find the project data, investment fit, risks and frequently asked questions reviewed by an independent advisor.

1WOOD Residence 2 is an off-plan residential development in Jumeirah Village Circle, Dubai, offering a variety of furnished apartment layouts with handover scheduled for Q4 2027.

Key facts

Developer: Object One Real Estate Development
Area: Jumeirah Village Circle, Dubai
Property type: studio, 1BR, 1.5BR, 2BR, 2.5BR
Starting price: AED 766,491
Payment plan: 60% during construction, 40% on handover
Expected completion: December 2027
Construction status: Now selling
Indicative gross yield: 7% – 9%

Yield ranges are indicative market benchmarks for this area and unit mix, not a guaranteed return. Figures must be validated per unit before any commitment.

Who this project fits

1WOOD Residence 2 typically fits first-time Dubai investors who want a contained ticket and predictable rental income, across studio, 1BR, 1.5BR, 2BR, 2.5BR layouts in Jumeirah Village Circle, Dubai. Because it is off-plan, capital stays committed until handover and income starts afterwards. The indicative gross yield band for this area and unit mix is 7% – 9%.

Risks to weigh

As with any off-plan purchase, there is handover-delay risk and developer risk: check escrow, permits and delivery track record. The payment plan lowers the upfront outlay but commits future cash: stress-test it against your real cash flow. Incoming supply in Jumeirah Village Circle, Dubai can compress rents and prices in the short term; service charges, currency and financing costs all affect net yield. Yield ranges are indicative market benchmarks for this area and unit mix, not a guaranteed return. Figures must be validated per unit before any commitment.

Frequently asked questions about this project

How much does a unit at 1WOOD Residence 2 cost?

Prices at 1WOOD Residence 2 start from AED 766,491. The final figure depends on layout, floor and orientation — we pull the current price list from the developer for the specific unit you want.

Where is 1WOOD Residence 2 located?

1WOOD Residence 2 is located in Jumeirah Village Circle, Dubai. We assess the area on rental demand, incoming supply and accessibility — not on project marketing.

What is the payment plan for 1WOOD Residence 2?

The indicated payment plan is: 60% during construction, 40% on handover. We verify the full structure, including milestones and the balance due at handover.

When is 1WOOD Residence 2 expected to complete?

Expected completion is December 2027 (current status: now selling). Off-plan dates can slip, so we check construction progress and the developer's delivery record.

What yield can I expect at 1WOOD Residence 2?

The indicative gross band for this area and unit mix is 7% – 9%. Yield ranges are indicative market benchmarks for this area and unit mix, not a guaranteed return. Figures must be validated per unit before any commitment.

Who is the developer of 1WOOD Residence 2?

1WOOD Residence 2 is developed by Object One Real Estate Development. We review their delivery record, build quality and value retention before recommending it.

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