1WOOD Residence 2 — project image
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
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 36,214 / year
Cash-on-Cash
2.2%
Levered cashflow AED 8,518
Simple Equity Payback
45.3 yrs
Equity incl. assumed costs AED 386,056 / 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

1WOOD Residence 2 — View 2
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Astraterra Properties

Official Documents

Download official marketing materials from Object One Real Estate Development.

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Payment Structure

30% down payment

Published payment summary

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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

1WOOD Residence 2 location map
Project location

Nearby Destinations

Jumeirah Village Circle (JVC)

Developer and Project Facts

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

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