1WOOD — project image
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1WOOD

From AED 735,000·Completed May 2026·Accepted payment methods: bank_check, credit_debit_card,... Payment
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AED 735,000
Starting Price
May 2026
Handover
Accepted payment methods: bank_check, credit_debit_card,...
Payment Plan
Studio · Apartments
Type

Project Overview

1WOOD — a residential complex by Object One Real Estate Development, located in Jumeirah Village Circle. The project emphasizes natural aesthetics, with wood textures, warm tones, and organic materials shaping a harmonious and welcoming atmosphere. The complex consists of a ground level, four podium levels, and twelve residential floors. The development features fully furnished studios and one- and two-bedroom apartments. Layouts are designed with functionality and ergonomics in mind: open living spaces, panoramic windows, and well-planned zoning create a sense of light and spaciousness. Interiors are finished in a calm natural palette, incorporating wood, stone, and built-in storage solutions. Residents benefit from a spacious lobby with a lounge area and 24/7 concierge service, a coworking space, a modern gym, adult and children’s swimming pools with a lounge area, and a children’s playroom. A four-level parking facility with direct access to the building is provided, along with a smart home system for access control and climate management. Thanks to its convenient location in JVC, 1WOOD offers excellent connectivity: Circle Mall is 5 minutes away, Dubai Marina and Palm Jumeirah are 15 minutes away, Al Maktoum International Airport is 24 minutes away, and Dubai Mall and Burj Khalifa are 25 minutes away. Fitness centers, parks, supermarkets, and retail outlets are also located nearby.

Project Specifications
DeveloperObject One Real Estate Development
LocationJumeirah Village Circle (JVC)
Unit TypesStudio, Apartments
AreaJumeirah Village Circle (JVC)
Ownershipfreehold
Rental analysisSee scenario below

Illustrative Rental Scenario

Hypothetical completed-property scenario, not a forecast, valuation or financing offer: 6.5% gross rental yield, 6% acquisition-cost allowance, 60/40 debt/equity, 5.5% interest-only debt cost, 4% vacancy, 5% management, 1.2% service charge proxy and 0.4% maintenance. Service charge and maintenance are percentages of the purchase price; vacancy and management are percentages of gross rent. Rental income assumes the property is completed and let. Construction delays, price changes, sale proceeds and loan principal repayment are excluded. Confirm project-specific rents, costs and financing before relying on a scenario. For a live bespoke model, use our financial analysis calculator.

Scenario Cap Rate
4.3%
NOI AED 31,715 / year
Cash-on-Cash
2.2%
Levered cashflow AED 7,460
Simple Equity Payback
45.3 yrs
Equity incl. assumed costs AED 338,100 / annual levered cash flow. Excludes time before letting.

Pricing and Area Research

Starting prices are project indications, not confirmed unit offers. Ask for current availability, a unit-specific price and size, service charges and dated comparable transactions before deciding.

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Gallery

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Astraterra Properties

Official Documents

Download official marketing materials from Object One Real Estate Development.

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Payment Structure

Accepted payment methods: bank_check, credit_debit_card,...

Published payment summary

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Amenities & Lifestyle

Adults Pool
Cabanas
Children’s pool
Concierge Service
Covered Kids Play Area
Covered Parking
Covered gym
Coworking zone
Leisure areas
Lift
Lobby
Lounge
Open Kids Play Area
Open air gym
Pool Deck
Recreational areas
Resting Areas
Retail outlets
Sitting Area
Smart home
Social zone

Location

Jumeirah Village Circle (JVC)

Nearby Destinations

Jumeirah Village Circle (JVC)

Developer and Project Facts

01

1WOOD by Object One Real Estate Development

02

Located in Jumeirah Village Circle (JVC)

03

Starting from AED 735,000

04

Unit mix includes Studio, Apartments

05

Expected handover: May 2026

06

Official brochure and PDF marketing materials available

07

Official render/gallery images available

Available for Resale

Ready-to-move units · Direct from owner · Verified by Astraterra

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RERA Registered
Qualified Buyer Flow
Property Enquiries

Astraterra Properties · RERA BRN: 54738 · info@astraterra.ae

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