Under constructionApartment

Jumeirah Village Circle · Dubai

1WOOD Residence Phase 2

by Object 1

© Object 1
69of 100
Sold from19 sales, last 90 days · DLD; cheapest: all studios
AED 694K≈ $189K
Listed fromper propertyfinder.ae, 1 Oct 2026
AED 788K
Buyers paid vs DLD median
+11%
Price, payment plan and homes ↓
DLD sales register · 10 Nov 2026See the 22 registered sales at 1WOOD Residence Phase 2: date, size and price paid. Plus all 8 factor scores and the score history. Free.Unlock free →

Price, payment plan and homes

Price per DLD; listed price per propertyfinder.ae, 1 Oct 2026
Sold from
AED 694K
19 sales, last 90 days · DLD; cheapest: all studiosListed from AED 788K
Bedrooms
Studio to 3 bed
397 – 2,018 sqft · 209 units
Payment plan
20/40/40
AED 158K to book
Handover
Q4 2027
0% built per the DLD · likely later

DLD registered sales

Last 90 days
AED 721K – AED 797K
· 19 sales, mostly studios
Sold since launch
20 of 209 homes
· Off-plan sales registered with the DLD, resales before handover included, from launch in March 2026 to 31 October 2026

Homes and floor plans

209 homes · Freehold

Pick a home: the plan and the forecast follow it.

  • 1WOOD Residence Phase 2 Studio apartment floor plan
  • 1WOOD Residence Phase 2 1 bed apartment floor plan
  • 1WOOD Residence Phase 2 2 bed apartment floor plan
  • 1WOOD Residence Phase 2 3 bed apartment floor plan

Paid: middle half of each type's off-plan sales, Jun–Nov 2026 · DLD

Payment plan · studio

On AED 788K
  1. 20% at bookingAED 158K
  2. 40% during construction, until handover (Q4 2027)AED 315K
  3. 40% on handover (Q4 2027)AED 315K

Before the keys: AED 473K, 60% of the price.

One of 2 plans listed on Property Finder

Object 1’s own file on propertyfinder.ae, checked 30 Sep 2026

Open in the map

Location · Jumeirah Village Circle · Dubai

Mid-market apartment and townhouse community; the busiest off-plan market in Dubai by volume.

Forecast

What the studio could be worth

The in-depth review

Why it scores 69

Price per sqft vs registered sales

Dubai Land Department open data · as of 10 Nov 2026

+11% above what buyers paid nearby

Buyers paid hereAED 1,759/sqft

22 off-plan sales, last 6 months · middle half AED 1,624 – AED 1,818

Jumeirah Village Circle median · apartmentsAED 1,589/sqft

Off-plan sales, last 6 months, 2,252 registered sales in the area · middle half AED 1,394 – AED 1,899

Asking now (est.)AED 1,756/sqft

Our estimate from the listed prices and unit sizes

See each of the 22 sales: date, size, price

Off-plan sales pace

3.7 a month

22 off-plan sales, last 6 months

How this is measured

Buyers paid a median of AED 1,759/sqft in this project (off-plan sales, last 6 months, 22 registered sales, as of 10 Nov 2026) against the DLD median of AED 1,589/sqft for apartments in Jumeirah Village Circle, as of 10 Nov 2026. DLD registers every sale in Dubai, and names the project on each. Both figures are sales of homes that were not built yet: this project's against its area's. Asking from AED 1,756/sqft (est.). Source: Dubai Land Department open data.

How the 69 was scored

8 of 8 factors · 100% of the weight · 10 Nov 2026
Confidence: medium
How each factor was measured

Each factor with what it was measured on. Its score and the reasoning are in the full breakdown.

Price against what buyers actually paid
22 registered off-plan sales here, against the median of 2,252 off-plan sales in Jumeirah Village Circle · DLD
Developer track record
Our rating, 2 delivered projects and who stands behind it
Payment plan
20% down · 40% during construction · 40% on handover
Location and infrastructure
Our rating of Jumeirah Village Circle, and 5 kinds of places measured from the pin · OpenStreetMap
How big the resale market is
3,320 resales of finished apartments in Jumeirah Village Circle this year · DLD
Construction on schedule
0% built on the DLD register, handover Q4 2027
How much is still being built nearby
8,206 homes sold in Jumeirah Village Circle this year, 58% off-plan · DLD
The basics on file
Registration or escrow number on file · DLD

Confidence medium: what buyers paid here is a median of 22 registered sales, against 2,252 in the area; 22 is a small sample for one project.

68 → 69 2 Nov 2026, price, supply factorsScored since 24 Sep 2026 · 6 score changes

The formula is public: how the Rendr Score works. Our opinion, not investment advice. A figure you believe is wrong: alexk.dxb02@gmail.com.

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The full breakdown behind the 69

Free for 90 days. One sign-up opens everything on the site: the breakdown behind all 1,673 scored projects, the figures and reasons behind the developers' ranking, and rent, a mortgage and fees in every forecast. Nothing to pay.

  • The 22 registered sales here: date, size and price paid
  • All 8 factor scores, with the figure and source behind each
  • Score history since 24 Sep 2026 and why each move happened
  • Rent, a mortgage and fees in the forecast, year by year

See what buyers paid at 1WOOD Residence Phase 2, and everything behind the 69.

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+971

Read by the person who runs Rendr, who works in real estate and may contact you about property. Never sold.

I am
Projects scored
1,673
projects scored
Factors
8
factors, formula public
Registers
ADREC · DLD
registered sales, not asking prices

Handover date

Q4 2027

Under construction · 0% built, the DLD's project register, 28 Sep 2026

What this means

Also due in 2027 in Jumeirah Village Circle: 35 more projects we list

Object 1: 2 projects delivered in the last ten years, typically 12 months late, none cancelled.

1WOOD Residence Phase 2 is due to hand over in Q4 2027. Construction is 0% complete according to the DLD's project register (28 Sep 2026). At that progress it cannot hand over by Q4 2027 at any usual building pace. Handover dates are the developer's own estimate and off-plan schedules move, so confirm the current date in writing before paying anything.

DLD registration status

Verified 1 Oct 2026
  • Project registration4435
  • Escrow account29539630
  • Developer licenceNot published yet
Where the figures come from

Check it on dubailand.gov.ae. How to read the DLD register.

Figures from propertyfinder.ae, read 1 Oct 2026, last verified 1 Oct 2026. Construction figure from the DLD's project register, 28 Sep 2026. Launch date from the DLD's project register.

Before you pay: four things to check

  1. 1The escrow accountPay only into escrow account 29539630, and check it on dubailand.gov.ae first.
  2. 2The handover dateThe listed date is Q4 2027. The DLD shows 0% built on 28 Sep 2026, a pace that points to later. Ask for the date in the sales agreement.
  3. 3Today's price listAED 788,117 is a starting price from propertyfinder.ae, 1 Oct 2026. Ask for the unit's own price.
  4. 4The instalment dates20% at booking, 40% during construction, 40% at handover. Ask for each payment's date and amount.

About

1WOOD Residence Phase 2 is Object 1's apartment tower in Jumeirah Village Circle, Dubai, with studios to three-bedroom apartments from about 397 to 2,018 sq ft.

Developer
Object 1
Area
Jumeirah Village Circle
Status
Under construction
Sales launch
15 Mar 2026
Total units
209
Storeys
3
Ownership
Freehold

Amenities

  • Indoor Swimming Pool
  • Landscaped Gardens
  • CCTV Security
  • Gymnasium
  • Restaurants
  • Children's Play Area

What’s nearby

straight-line distance
  • Supermarket or mall80 m
  • Hospital or clinic810 m
  • School1.6 km
  • Metro or tram stop5.6 km
  • Beach7.0 km

The nearest of each on OpenStreetMap, Sep 2026.

Rental yield nearby

gross, apartments

7.3% in Jumeirah Village Circle. A median rent of AED 91 per sqft a year on 13,104 new tenancy contracts, last 6 months, against AED 1,241 per sqft paid across 1,986 finished sales, last 6 months.

Before service charges, fees and empty periods; our arithmetic on Dubai Land Department open data figures, Nov 2026. The working

1WOOD Residence Phase 2: questions buyers ask

How much does 1WOOD Residence Phase 2 cost?

Registered sales at 1WOOD Residence Phase 2 start from AED 694,000 (about $189K): the cheapest tenth of 19 off-plan sales (all studios), Aug–Nov 2026, per DLD. It is listed from AED 788,117, per propertyfinder.ae on 1 Oct 2026.

What is the price per sqft at 1WOOD Residence Phase 2?

Buyers paid a median of AED 1,759 per sqft at 1WOOD Residence Phase 2 (off-plan sales, last 6 months, 22 registered sales).

When is the 1WOOD Residence Phase 2 handover date?

1WOOD Residence Phase 2 is expected to hand over in Q4 2027. The project is under construction, 0% built according to the DLD's project register.

What is the 1WOOD Residence Phase 2 payment plan?

1WOOD Residence Phase 2 is offered on a 20/40/40 plan: 20% on booking, 40% during construction and 40% at handover.

Is 1WOOD Residence Phase 2 priced above or below what buyers paid nearby?

Buyers paid a median of AED 1,759 per sqft in 1WOOD Residence Phase 2 (off-plan sales, last 6 months, 22 registered sales), which is 11% above the median of AED 1,589 per sqft that buyers actually paid for apartments in Jumeirah Village Circle, across 2,252 sales registered with DLD.

What is the Rendr Score of 1WOOD Residence Phase 2?

1WOOD Residence Phase 2 scores 69 of 100 on the Rendr Score, good, as of 10 Nov 2026; 8 of its 8 factors are assessed, 100% of the weight.

What rental yield do apartments in Jumeirah Village Circle make?

About 7.3% gross for apartments in Jumeirah Village Circle, worked out from DLD's own figures: new tenancy contracts, last 6 months, against finished sales, last 6 months, before service charges and fees.

Who is the developer of 1WOOD Residence Phase 2?

1WOOD Residence Phase 2 is being developed by Object 1. It sits in Jumeirah Village Circle, Dubai.

Is 1WOOD Residence Phase 2 registered with DLD?

1WOOD Residence Phase 2 is registered with the Dubai Land Department (DLD) under number 4435. Buyer payments go to escrow account 29539630. Check it at dubailand.gov.ae before you pay.

Changes

Listed 24 Sep 2026 · 3 changes since, last 28 Sep 2026
  1. Construction 0% complete

    Source: the DLD's project register, 28 Sep 2026

  2. Sales launch date set to 15 Mar 2026

    Source: the DLD's project register

  3. Payment plan stated: 20/40/40

    Source: propertyfinder.ae, read 24 Sep 2026

  4. Listed on the site

    Source: propertyfinder.ae, read 24 Sep 2026

Sold from

AED 694K

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