Studio and 1 or 2 bedroom apartments from AED 790,000
Located in Jumeirah Village Circle with various amenities within walking distance
Medium building with commercial plinth and 18 shops on the ground floor
Community pool, gym, BBQ spots, playground and multifunctional hall
Handover in Q3 2027 with a 60/40 payment plan and 20% deposit

About 1Wood Residence 2

1Wood Residence 2 is the second phase of a residential project by Object 1 Development in Jumeirah Village Circle (JVC) in Dubai. The building offers studios and apartments with 1 and 2 bedrooms, with areas between 37 and 122 m2. Handover is scheduled for the third quarter of 2027. The starting price is AED 790,000. The project focuses on a wide audience, from starters to small families, and combines an efficient layout with a thoughtful finish. The architecture is in line with the urban context of JVC, a district known for its central location and accessible facilities.

The payment plan consists of a 60/40 arrangement, whereby you pay 60% during construction and 40% at handover. The deposit is 20%. This gives buyers the opportunity to spread the payment over the construction period. 1Wood Residence 2 is located in JVC, a neighborhood that is conveniently located compared to major destinations such as Dubai Hills Mall (about 15 minutes), Dubai Miracle Garden (about 10 minutes) and Mall of the Emirates (about 15 minutes). The project offers various amenities including a swimming pool, gym, BBQ spots and a playground. By combining a central location, a flexible payment plan and a modern design, this project is interesting for those looking for a home in Dubai. You will be guided by a registered real estate agent at the time of purchase, so you do not have to contact the developer yourself.

Homes and sizes at 1Wood Residence 2

In 1Wood Residence 2 you can choose from studios and apartments with 1 or 2 bedrooms. The living areas range from 37 to 122 m2, which means that there are both compact studios and larger family apartments available. Each apartment has an efficient layout, making optimal use of the available space. The finish is cared for and functional, without unnecessary embossing. Large windows provide plenty of daylight and offer views of the neighborhood or surrounding landscape. The layouts are designed for practical use, for example for professionals or young families. Balconies or terraces are available at many units, depending on the type and location. The materials and finishes are of a quality that fits a modern residence in this price range.

The studios are suitable for singles or as pied à terre, while the 1 bedroom apartments offer more space for couples. The units with 2 bedrooms are ideal for small families or for those who want to use an extra room as a home office. All houses have their own kitchen and bathroom, and most have a balcony. The kitchens are equipped with modern appliances and plenty of storage space. The bathrooms have a sleek finish with good quality bathrooms. The building also has communal facilities such as a swimming pool, a gym and a playground, which increase living comfort. The floors, walls and ceilings are finished according to Object 1 Development standards. So you can move in immediately after completion without major renovations.

1Wood Residence 2 and the approach of Object 1 Development

1Wood Residence 2 is a medieval building in Jumeirah Village Circle. The design combines a commercial ground floor with several floors above. On the ground floor there are eighteen commercial spaces, which contributes to a lively street and daily convenience for residents. The façade is designed so that the building fits well with the rhythmic urban structure of the neighborhood. The architecture focuses on warm materials and smart space use, without unnecessary decoration. The building has an underground parking garage and sufficient parking spaces for residents and visitors. The common areas, such as the lobby and the corridors, are well-equipped. The design is aimed at practical living for a broad audience.

Object 1 Development is responsible for this project. The developer is known for providing quality homes in the middle segment of the Dubai market. Previous projects of Object 1 Development have shown that the company has an eye for efficient floor plans and a finish that suits the target group. At 1Wood Residence 2 is the second phase of a successful concept, in which the first phase has already proven to affect buyers. The community around the building offers a mix of living and small-scale amenities, such as shops and eateries in the immediate vicinity. The project contributes to the further development of JVC as an independent residential area with its own identity. Construction and handover are supervised according to the applicable regulations of the Dubai Land Department.

Living in Jumeirah Village Circle

Jumeirah Village Circle is a centrally located residential area in Dubai, known for its spacious design and many amenities. From 1Wood Residence 2 you can reach Dubai Hills Mall in about 15 minutes by car, a large shopping center with numerous shops and restaurants. Dubai Miracle Garden, a popular flower garden, is about 10 minutes’ drive away. Mall of the Emirates, with its indoor ski slope and extensive shopping range, can also be reached within about 15 minutes. The district itself has supermarkets, schools, parks and gyms, so you have many daily necessities nearby. The road network around JVC is well developed, with connections to major highways such as Sheikh Mohammed Bin Zayed Road and Al Khail Road. This also allows other parts of Dubai, such as Dubai Marina and Downtown, to be reached fairly quickly.

In addition to the destinations mentioned, JBR The Walk can be reached in about 20 minutes. This beachfront promenade offers a wide choice of dining options and shops. Legoland Dubai, an amusement park for families, is about 25 minutes’ drive away, which also makes 1Wood Residence 2 interesting for those who regularly plan trips with children. Palm Jumeirah, the iconic palm Island, can be reached in about 20 minutes. The central location of JVC makes it possible to reach both the business district and coastal areas relatively quickly. Public transport in the district is under development, with bus connections to metro stations in the area. For those travelling by car, there are plenty of parking in and around the building. The location contributes to the value of The homes, both for own use and for rental.

Payment plan for 1Wood Residence 2

The payment plan for 1Wood Residence 2 is divided into a 60/40 scheme. This means that you pay 60% of the purchase price during the construction period, spread over predefined terms. The remaining 40% will be paid on completion of the project in the third quarter of 2027. The deposit when booking a property is 20% of the total price. This structure allows you as a buyer to spread the payment and not to pay the full amount at once. The deadlines are linked to the progress of the construction, which provides additional security. The payment plan aims to lower the threshold for buying a property in Dubai, especially for buyers who do not want or can finance at once.

When purchasing a property in 1Wood Residence 2, you will be guided by a registered real estate agent with a RERA licence. This real estate agent is registered with the Dubai Land Department and guides you through the entire purchase process. You don’t have to contact the developer; the real estate agent controls the communication and administration. This includes the reservation of the property, the signing of the purchase agreement and the monitoring of payments. The real estate agent can also advise you about the different unit types and the available floors. You can ask questions about handover or finishing via the real estate agent. This way the purchase is smooth and transparent, without having to go through complicated procedures yourself.