1WOOD Residence 2
Off-Plan

1WOOD Residence 2

From AED 839,252·Handover Dec 2027·30% down payment Payment
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AED 839,252
Starting Price
Dec 2027
Handover
30% down payment
Payment Plan
Studio · 1 BR
Type

Project Overview

1WOOD Residence 2 is a residential complex comprising a basement level, ground floor, four podium levels with infrastructure, two office floors, and ten residential floors with rooftop. Located in the rapidly developing area of Jumeirah Village Circle, the project offers a harmonious blend of natural aesthetics and smart functionality, creating a cozy atmosphere close to the heart of the city. The building’s contemporary architecture is complemented by warm wood textures and soft facade lines that emphasize its natural style. Interiors feature calming tones, floor-to-ceiling windows that fill the spaces with light, and landscaped areas that foster a sense of peace and connection with nature. The complex offers studios, as well as one- and two-bedroom apartments for sale. Every residence is thoughtfully designed to ensure maximum comfort and convenience. Residents enjoy a range of amenities, including a stylish lobby, a swimming pool with sun loungers on the terrace, a children’s pool and playroom, a clubhouse, a modern gym, outdoor crossfit zone, and a BBQ area — all designed to support an active and social lifestyle. Conveniently located, the development offers easy access to key destinations: 9 minutes to Dubai Miracle Garden, 15 minutes to Mall of the Emirates, 20 minutes to The Walk JBR, and 22 minutes to Palm Jumeirah. EOI: 30 000 AED Launch date: to be announced later

Project Specifications
DeveloperObject One Real Estate Development
LocationJumeirah Village Circle (JVC)
Unit TypesStudio, 1 BR, 2 BR, Apartments
AreaJumeirah Village Circle (JVC)
Ownershipfreehold
Est. ROIContact Astraterra for area-specific ROI guidance

Investor Return Snapshot

Base-case underwriting using Astraterra's current Dubai assumptions: 60/40 debt/equity, 5.5% debt cost, 4% vacancy, 5% management, 1.2% service charge proxy, and 10% annual appreciation. For a live bespoke model, use our financial analysis calculator.

Projected Cap Rate
4.3%
NOI AED 36,214 / year
Cash-on-Cash
2.2%
Levered cashflow AED 8,518
Base-Case IRR
12.8%
5-year hold, levered
Payback Period
18.4 yrs
Gross rent AED 54,551 / year

Comparable Sales Context

Indicative pricing context built from current area benchmarks so buyers can anchor this launch against ready stock, premium peer launches, and trophy alternatives.

BenchmarkAED / sq ftIndicative TicketContext
1WOOD Residence 2 launch basis933AED 839,252Current launch / asking basis
Jumeirah Village Circle (JVC) ready-stock comps1,050AED 945,000Indicative resale benchmark
Jumeirah Village Circle (JVC) premium peer launches1,300AED 1.17MNew-launch peer set
Trophy alternative proxy1,500AED 1.35MHigher-end anchor for negotiation context

Gallery

1WOOD Residence 2 — View 2
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1WOOD Residence 2 official render 1

1WOOD Residence 2 official render 1

1WOOD Residence 2 official render 2

1WOOD Residence 2 official render 2

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1WOOD Residence 2 official render 3

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1WOOD Residence 2 official render 4

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1WOOD Residence 2 official render 5

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1WOOD Residence 2 official render 7

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1WOOD Residence 2 official render 8

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1WOOD Residence 2 official render 9

1WOOD Residence 2 official render 10

1WOOD Residence 2 official render 10

Astraterra Properties

Official Documents

Download official marketing materials from Object One Real Estate Development.

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Payment Structure

30% down payment

Flexible Payment

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Floor Plans

1WOOD Residence 2 — 1 Bedroom Floor Plan

Amenities & Lifestyle

BBQ
Children’s pool
Club house
Covered gym
Coworking zone
Crossfit zone
Infinity pool
Kids Play Area
Leisure areas
Lift
Lobby
Parking
Shared Pool
Sports ground

Location

Jumeirah Village Circle (JVC)

Nearby Destinations

Dubai Mall — 20 mins
Dubai International Airport — 25 mins
Downtown Dubai — 15 mins
Sheikh Zayed Road — 10 mins
Jumeirah Village Circle (JVC)Jumeirah Village Circle (JVC)Dubai, UAE

Developer Track Record

01

1WOOD Residence 2 by Object One Real Estate Development

02

Located in Jumeirah Village Circle (JVC)

03

Starting from AED 839,252

04

Unit mix includes Studio, 1 BR, 2 BR, Apartments

05

Expected handover: Dec 2027

06

Official brochure and PDF marketing materials available

07

Official render/gallery images available

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