New homes in 1WOOD Residence 2 start at AED 819,675; keys are due Dec 2027; you pay 20% to book, 30% while it is built and 50% at the keys.
In the 12 months to Oct 19, 2026, Dubai Land Department recorded 879 off-plan sales of studio apartments of 414 sq ft to 621 sq ft in Jumeirah Village Circle. Their median price is AED 1,666 per sq ft (about AED 710,000 at 426 sq ft). This project's from price is AED 1,924 per sq ft (AED 819,675 for its smallest home, 426 sq ft), 15% more.
Keys
Dec 2027
The developer's handover date
Payment plan
20 / 30 / 50
20% to book, 30% while it is built, 50% at the keys
Bedrooms
Studio to 2 beds
Sizes
426 to 2,018 sq ft
Ownership
Freehold
Property types
Apartment
Registration fee
4% of the price
Paid to the Dubai Land Department
Details from the developer, as of Nov 1, 2026. They can change; ask us to confirm before you book.
Dubai Land Department register
From price per sq ft
AED 1,924 per sq ft
Similar off-plan homes: AED 1,666 per sq ft
We couldn't match this project to the Dubai Land Department project register yet. Ask us for its RERA project number.
Paying for it
You pay 20% when you book, 30% as the building goes up, and 50% when you get the keys.
AED
When
Stage
Share
Amount
Now
Booking
20%
AED 163,935
Feb 2027
While it is built
7.5%
AED 61,476
Apr 2027
While it is built
7.5%
AED 61,476
Jul 2027
While it is built
7.5%
AED 61,476
Sep 2027
While it is built
7.5%
AED 61,476
Dec 2027
Keys
50%
AED 409,838
Booking payment, 20%
AED 163,935
Dubai Land Department fee (Oqood), 4%
AED 32,787
Cash you need to bookThe developer pays the broker, so there is no buyer's fee.
AED 196,722
The dates are our estimate: we spread the construction share evenly between now and the keys. The developer's real dates follow the building work, so they can move.
Your payments go into the project's escrow account, which RERA watches, not straight to the developer.
Before you buy
Pay into the project's escrow account only.
Every off-plan project in Dubai must have an escrow account at a bank, watched by RERA. Pay into that account, never to a person. Ask for the account number.
Budget for the service charge.
Buildings in this area paid a median of AED 19 per sq ft a year in 2023, from 5 buildings on the Dubai Land Department register. For the smallest home (426 sq ft) that is about AED 8,000 a year.
Register the sale with Oqood.
The Land Department records off-plan sales in its Oqood register. Until your sale is on it, the home isn't in your name.
Is the price fair?
Dubai Land Department recorded 879 off-plan sales of studio apartments of 414 sq ft to 621 sq ft in Jumeirah Village Circle, from Oct 20, 2025 to Oct 19, 2026. Here is what they sold for, and where this project's from price sits.
We compare with off-plan sales across Jumeirah Village Circle, as this project isn't on the Dubai Land Department register yet or has too few sales.
Dubai Land Department recorded 879 off-plan sales of studio apartments of 414 sq ft to 621 sq ft in Jumeirah Village Circle, from Oct 20, 2025 to Oct 19, 2026. Here is what they sold for, and where this project's from price sits.
Median price AED 1,666 per sq ft
AED 825 to AED 1,028 per sq ft
12 sales
AED 1,028 to AED 1,232 per sq ft
49 sales
AED 1,232 to AED 1,435 per sq ft
96 sales
AED 1,435 to AED 1,639 per sq ft
247 sales
AED 1,639 to AED 1,842 per sq ft
235 sales
AED 1,842 to AED 2,045 per sq ft
142 sales
This project's from price is in this band.
AED 2,045 to AED 2,249 per sq ft
59 sales
AED 2,249 to AED 2,452 per sq ft
39 sales
AED 825 per sq ftAED 2,452 per sq ft
This project AED 1,924 per sq ft
Half of the sales sold for AED 1,514 to AED 1,854 per sq ft
The median is the middle sale: half sold for less, half for more.
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Price per sq ft
Sales
AED 825 to AED 1,028 per sq ft
12
AED 1,028 to AED 1,232 per sq ft
49
AED 1,232 to AED 1,435 per sq ft
96
AED 1,435 to AED 1,639 per sq ft
247
AED 1,639 to AED 1,842 per sq ft
235
AED 1,842 to AED 2,045 per sq ft
142
AED 2,045 to AED 2,249 per sq ft
59
AED 2,249 to AED 2,452 per sq ft
39
The 3 closest sales
Picked from the 879 similar sales above, closest in size to this project's smallest home.
Mar 2026AED 775,000AED 1,819 per sq ftBERKELEY SQUARE BY PRESTIGE ONE, 426 sq ft
Nov 2025AED 695,500AED 1,632 per sq ftGREYGATE RESIDENCES BY ADE, 426 sq ft
Sep 2026AED 788,117AED 1,849 per sq ft1WOOD Residence 2, 426 sq ft
Sale prices from Dubai Land Department, Oct 20, 2025 to Oct 19, 2026. Off-plan sales only, of the same home type, bedrooms and size band.
What similar homes sold for
The median price of off-plan homes with the same number of bedrooms that sold in Jumeirah Village Circle in the 12 months to Sep 30, 2026. The smallest type is checked at the from price.
Type
Off-plan median
Sales
Against similar sales
Studio apartmentFrom AED 819,675 here
Off-plan medianAED 741,000AED 1,825 per sq ft
Sales2,549
15% above 879 similar sales
1-bed apartment
Off-plan medianAED 1,159,000AED 1,497 per sq ft
Sales3,757
2-bed apartment
Off-plan medianAED 1,702,000AED 1,377 per sq ft
Sales885
Sale prices from Dubai Land Department, Oct 1, 2025 to Sep 30, 2026. A median needs at least 30 sales.
Rent and yield
Gross yield at the from price
6.3%
Typical for similar ready homes
8.5%
Median rent of studio apartments in Jumeirah Village Circle
AED 52,000 a year
Rent contracts counted
5,438
Rented between
Apr 1, 2025 and Mar 31, 2026
Studio apartment
AED 52,000 a year
1-bed apartment
AED 75,000 a year
2-bed apartment
AED 110,000 a year
Gross yield is a year's rent before costs, as a share of the price. At the from price: AED 52,000 ÷ AED 819,675 = 6.3%. The home earns nothing until the keys, and new buildings often rent for more than older ones.
Rents come from Ejari, Dubai's register of rent contracts: new residential contracts in the area, all buildings. A median is the middle one: half are lower, half higher.
On your doorstep
Dubai Internet City Metro Station5.6 km, 14 min driveMetro station
JSS International School1.6 km, 3 min driveSchool
Nord Anglia International School1.8 km, 4 min driveBritish school
Circle Mall800 m, 13 min walkMall
Mediclinic Springs4 km, 8 min driveHospital
Dubai Internet City6.1 km, 18 min driveOffices
The Els Club, Dubai Sports City3.6 km, 11 min driveGolf
1WOOD Residence 2 is an Object One Real Estate Development building in Jumeirah Village Circle, with studios to 2-bedroom homes from AED 819,675 and a listed handover of December 2027. Its from price is about 15% above 879 similar studio sales in Jumeirah Village Circle (12 months to October 2026), so compare carefully before you pay.
The from price is about 15% above 879 similar studio sales in Jumeirah Village Circle (12 months to October 2026). Those sales are across the area, not only in this building. Ask which unit and floor the from price applies to, and compare recent studio sales nearby.
The plan is 20% on booking, 30% during construction and 50% at handover. At the from price that is about AED 163,900, AED 245,900 and AED 409,800. Separately, the 4% DLD fee comes to about AED 32,800; ask when it is due. Half the price is due at handover, and the listed handover is about 13 months from now.
The developer lists studios of about 426 sq ft, one-bedroom homes of 829 sq ft and two-bedroom homes of 2,018 sq ft. The developer also describes 1.5 and 2.5-bedroom layouts, which the bed range of studio to 2 beds does not show. Ask which layouts are for sale and get the floor plan. Shared facilities include a gym, a pool deck, a kids' pool and play areas, a clubhouse, an outdoor CrossFit area, barbecue areas, covered parking and 24-hour security.
The HealthHub JVC clinic is about 290 m away. JSS International School is about 1.6 km away and Nord Anglia International School about 1.8 km. Dubai Internet City Metro Station is about 5.6 km away, roughly 14 minutes by car by our estimate.
The developer's plans. Sizes and layouts can change; ask us for the plan of the exact unit you're looking at.
Studio
1 BR
2 BR
How prices moved
Median price of studio apartments in Jumeirah Village Circle, over the 12 months to each dateUp 14% from Dec 2024 to Sep 2026.
Dec 2024AED 1,601 per sq ft
Sep 2026AED 1,825 per sq ft
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12 months to
Median price
Sales
Sep 2026
AED 1,825 per sq ft
2,549 sales
Jun 2026
AED 1,794 per sq ft
3,446 sales
Mar 2026
AED 1,762 per sq ft
4,374 sales
Dec 2025
AED 1,751 per sq ft
4,521 sales
Sep 2025
AED 1,706 per sq ft
4,332 sales
Jun 2025
AED 1,671 per sq ft
3,978 sales
Mar 2025
AED 1,625 per sq ft
3,527 sales
Dec 2024
AED 1,601 per sq ft
3,576 sales
Off-plan sales registered with the Dubai Land Department.
Questions about this project
Can foreigners buy here?
Yes, it's in a freehold area, so foreign buyers can own outright. The developer is Object One Real Estate Development.
How does the from price compare with other sales?
It is about 15% above 879 similar studio sales in Jumeirah Village Circle (12 months to October 2026).
What is the payment plan in dirhams?
At the from price: about AED 163,900 on booking, AED 245,900 during construction and AED 409,800 at handover. Separately, the 4% DLD fee comes to about AED 32,800; ask when it is due.
Which bedroom types are available?
The listing shows studios to 2 bedrooms, from 426 to 2,018 sq ft. The developer also mentions 1.5 and 2.5-bedroom layouts, so confirm what is for sale.
When is handover?
The listed handover is December 2027, about 13 months from now. Ask for a recent construction update before you book.
How far is the metro?
Dubai Internet City Metro Station is about 5.6 km away, roughly 14 minutes by car.
