1WOOD Residence: off-plan project in Jumeirah Village Circle
1WOOD Residence is an off-plan residential apartment project in Jumeirah Village Circle, registered with the Dubai Land Department as project no. 2907 and developed by Object One Real Estate Development L.L.C. From October 16, 2025 to October 16, 2026, 32 off-plan sales were registered there at a median price of AED 633,946 (AED 1,390 per sq ft); 80% of sales fall between AED 609,731 and AED 958,692.
- 32off-plan sales in 12 months
- AED 633,946median sale price
- AED 1,390median price per sq ft
- 55.9%construction progress (DLD)
- 227registered units
Source: Dubai Land Department open data, sales registered from 16/10/2025 to 16/10/2026. Source: Dubai Land Department project register (open data), as of 15/06/2026.
What the figures say
- Positioning: at AED 1,390 per sq ft, 1WOOD Residence is 12.4% below the median of off-plan sales across the 83 projects tracked in Jumeirah Village Circle (AED 1,588 per sq ft), and 21.3% below the median of Dubai off-plan sales (AED 1,768 per sq ft).
- Sales pace: 32 off-plan sales in 12 months, about 3 a month; number 60 by sales in Jumeirah Village Circle over the period.
- Construction: 55.9% complete in the DLD register, construction is under way.
- Profile: a concentrated project, 75% of sales are the same unit type (apartment · studio).
1WOOD Residence: official project sheet
Details from the project register kept by the Dubai Land Department. Off-plan payments go to the project's escrow account, as required by Dubai Law No. 8 of 2007.
| Item | DLD register |
|---|---|
| DLD project number | 2907 |
| Registered developer | Object One Real Estate Development L.L.C (developer no. 1579) |
| Master developer | Jumeirah Village L.L.C |
| Community (master project) | Jumeirah Village Circle |
| DLD area | Al Barsha South Fourth |
| Register status | active |
| Construction progress | 55.9% |
| Project start | December 19, 2023 |
| Registered units | 227 units |
| Buildings | 1 |
| Escrow account | escrow agent registered with the DLD for this project |
Source: Dubai Land Department project register (open data), as of 15/06/2026.
1WOOD Residence off-plan prices by unit type
Off-plan sales over the last 12 months, at least 3 sales per row. Entry ticket observed: apartment · studio, at a median AED 621,216.
| Unit type | Sales | Median price | Range (AED) | Median size | Price / sq ft |
|---|---|---|---|---|---|
| Apartment · Studio | 24 | AED 621,216 | 590,357 – 706,132 | 41 m² (441 sq ft) | AED 1,390 |
| Apartment · 1 bedroom | 6 | AED 948,706 | 820,929 – 996,534 | 72 m² (775 sq ft) | AED 1,206 |
Source: Dubai Land Department open data, sales registered from 16/10/2025 to 16/10/2026.
To turn one of these prices into a payment schedule, use OffPlanSimulator's off-plan payment plan calculator, then add registration fees with the Dubai buying costs calculator.
Sales by unit type
Apartment · Studio: 75% of off-plan sales, with a median size of 41 m² (36 to 44 m² for 80% of them).
- Apartment · Studio: 75% (24 sales)
- Apartment · 1 bedroom: 18.8% (6 sales)
- Apartment · 2 bedrooms: 6.3% (2 sales)
Source: Dubai Land Department open data, sales registered from 16/10/2025 to 16/10/2026.
1WOOD Residence off-plan price by quarter
The median off-plan price per sq ft moved from AED 1,419 in Q1 2024 to AED 1,383 in Q4 2025 (-2.6%). Quarter-to-quarter changes also reflect the mix of units sold.
| Quarter | Off-plan sales | Median / sq ft | Change |
|---|---|---|---|
| Q1 2024 | 59 | AED 1,419 | — |
| Q2 2024 | 20 | AED 1,426 | +0.5% |
| Q3 2024 | 52 | AED 1,377 | -3.5% |
| Q4 2024 | 11 | AED 1,458 | +5.9% |
| Q1 2025 | 8 | AED 1,433 | -1.7% |
| Q2 2025 | 20 | AED 1,222 | -14.7% |
| Q3 2025 | 19 | AED 1,327 | +8.6% |
| Q4 2025 | 28 | AED 1,383 | +4.2% |
| Q1 2026 | 4 | AED 1,439 | — |
Source: Dubai Land Department open data, off-plan sales registered since 1 January 2024, as of 16/10/2026.
Rents in Jumeirah Village Circle
To gauge the rental market around 1WOOD Residence: annual rents of Ejari contracts registered in Jumeirah Village Circle over the last 12 months (30,318 contracts).
| Unit type | Contracts | Median annual rent | Middle 50% range |
|---|---|---|---|
| Apartment · Studio | 8,159 | AED 48,000 | 42,000 – 55,000 |
| Apartment · 1 bedroom | 15,914 | AED 70,000 | 60,000 – 79,562 |
| Apartment · 2 bedrooms | 4,662 | AED 95,000 | 80,000 – 115,358 |
| Apartment · 3 bedrooms | 515 | AED 138,971 | 115,000 – 155,000 |
| Apartment · 4 bedrooms | 21 | AED 150,000 | 134,000 – 212,500 |
| Villa / townhouse · 1 bedroom | 74 | AED 110,000 | 105,000 – 115,500 |
| Villa / townhouse · 2 bedrooms | 134 | AED 170,000 | 145,000 – 190,000 |
| Villa / townhouse · 3 bedrooms | 416 | AED 175,000 | 150,000 – 200,000 |
| Villa / townhouse · 4 bedrooms | 381 | AED 200,000 | 170,000 – 230,000 |
| Villa / townhouse · 5+ bedrooms | 42 | AED 200,000 | 187,750 – 250,000 |
To compare a market rent with your purchase price and running costs, the rental yield calculator works it through step by step.
Source: Dubai Land Department, Ejari rent contracts (open data), 20/10/2025 to 20/10/2026.
Where is 1WOOD Residence?
1WOOD Residence is in Jumeirah Village Circle (DLD area Al Barsha South Fourth), Dubai.
- Nearest metro station: Nakheel Metro Station
- Nearest shopping mall: Marina Mall
- Nearest landmark: Sports City Swimming Academy
Source: Dubai Land Department, reference points attached to registered sales.
Further reading
- All off-plan projects in Jumeirah Village Circle
- All DLD sales at 1WOOD Residence (new and resale)
- Jumeirah Village Circle property prices
- Jumeirah Village Circle rents
- All Object One Real Estate Development L.L.C projects
Other off-plan projects in Jumeirah Village Circle
- Serenz by Danube — AED 2,257/sq ft
- Binghatti Amberhall — AED 1,683/sq ft
- Auresta Tower — AED 1,619/sq ft
- Stax — AED 1,451/sq ft
- Pearl House IV by Imtiaz — AED 1,655/sq ft
- Binghatti Ruby — AED 1,976/sq ft
- Binghatti Circle — AED 1,588/sq ft
- 311 Boulevard by Bam Eskan — AED 1,382/sq ft
More projects by Object One Real Estate Development L.L.C
Same budget elsewhere in Dubai (around AED 633,946)
- Rijas Suites, Majan — AED 625,764
- Verdana Residence 3, Dubai Investment Park First — AED 634,349
- Joya Dorado Residence, Arjan — AED 625,000
- Living Legends Phase 5, Living Legends — AED 636,938
- Beverly Park, Dubai Land Residence Complex — AED 625,000
- Binghatti Elite, International Media Production Zone — AED 637,500
Projects presented by Cevitas
Our Jumeirah Village Circle guides
Frequently asked questions
How much does a home at 1WOOD Residence cost?
Over the last 12 months, the 32 off-plan sales registered with the DLD show a median price of AED 633,946, or AED 1,390 per sq ft; 80% fall between AED 609,731 and AED 958,692. The developer's current prices are on its price list.
When will 1WOOD Residence be completed?
In the DLD project register (as of 15/06/2026), the project is "active", 55.9% complete. The handover date is confirmed by the developer.
Who is the developer of 1WOOD Residence?
The DLD register lists Object One Real Estate Development L.L.C (developer no. 1579), in a community developed by Jumeirah Village L.L.C.
What unit types are sold at 1WOOD Residence?
Off-plan sales over the last 12 months cover: apartment · studio (24), apartment · 1 bedroom (6), apartment · 2 bedrooms (2). Best-selling type: apartment · studio, at a median AED 621,216 for 41 m².
Has the price per sq ft at 1WOOD Residence changed?
The median off-plan price moved from AED 1,419 per sq ft in Q1 2024 to AED 1,383 in Q4 2025, based on DLD-registered sales.
How do I get the 1WOOD Residence price list and payment plan?
Ask with the "Get the price list" button or on WhatsApp at +971 55 772 2710: a RERA-licensed Cevitas advisor sends you the available units, the developer's prices and the current payment plan, with no buyer commission on new launches.
Sources and method
Off-plan sales: Dubai Land Department "Real Estate Transactions" dataset (data.dubai), residential sales registered off-plan ("Off-Plan Properties") from October 16, 2025 to October 16, 2026. Median price = middle registered price; range = 80% of sales (10th to 90th percentile). Price per sq ft = price / registered area (1 m² = 10.764 sq ft).
Developer, status, progress and dates: DLD "Projects" register (data.dubai) and "Developers" register (data.dubai), extract as of June 15, 2026. Progress is the figure from the latest DLD inspection on record; the end date is the one declared in the register and may be updated by the DLD.
Rents: DLD "Rent Contracts" (Ejari) dataset (data.dubai), median annual rent of residential contracts over the last 12 months in the area.
Data published under the Dubai Open Data Licence and analysed by Cevitas Real Estate. They describe official transactions and an official register; they are not a valuation, a promise of return or investment advice. The developer's current prices are on its price list.