1WOOD Residence 2 by Object One Real Estate Development, developer's render

Off-plan · Freehold

Jumeirah Village Circle · Dubai

1WOOD Residence 2

by Object One Real Estate Development · handover Q4 2027

AED 788Kstarting price today

AED 1,797registered per sq ft

15sales in 12 months

209units

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Q4 2027Planned handover

Object One Real Estate DevelopmentDeveloper

209Units registered

FreeholdOwnership

Studio to 3 bedroomsHomes on offer

About the project

1WOOD Residence 2, in plain numbers.

1WOOD Residence 2 is an off-plan residential project by Object One Real Estate Development in Jumeirah Village Circle (Al Barsha South Fourth), Dubai. Handover is planned for Q4 2027. 209 units are registered, mostly one-bedroom homes of about 818 sq ft and Studio homes of about 431 sq ft. The register shows 18 sales since June 2026, 15 of them in the last twelve months, at a median of AED 1,797 per sq ft.

Our view

Entry price under AED 1.2M
34% above ready resales in Al Barsha South Fourth per sq ft
15 registered sales in 12 months
Keys in 2027

Registered projects only. Every project we show is registered with the Dubai Land Department; payments go into a RERA-supervised escrow account in the developer's name.

Prices and units

What is in 1WOOD Residence 2.

Units by type from the Land Department's register, the prices they have sold at, and the developer’s price list on request.

Type	Units in the project	Typical size	Registered sales, 2 years	Median price	AED / sq ft
Studio	90	431 sq ft	13	AED 773,800	1,798
1 bedroom	90	818 sq ft	—	—	—
2 bedrooms	11	1,378 sq ft	—	—	—

Matched to the Land Department project 1wood 2.

Payment plan

How you pay.

20%40%40%

20%
On booking (down payment)20% of the price, about AED 158K on the starting price
40%
During construction40% of the price, about AED 315K on the starting price
40%
On handover40% of the price, about AED 315K on the starting price

A post-handover plan is also offered, where part of the price is paid after you receive the keys; ask us for its schedule.

Also offered: 20/40/10/30.

Payment plan 20/40/40 as published by the developer, checked 26 Sept 2026. Plans change during a launch; we confirm the current one in writing before you reserve.

From the Land Department register

What 1WOOD Residence 2 actually sells for.

Registered sale prices, not the developer's list prices.

AED 1,797median per sq ft, last 12 months

16sales registered in 12 months

18sales registered in total, since June 2026

+34%against ready homes in Al Barsha South Fourth (AED 1,341 per sq ft)

Median registered price per square foot each quarter; the bars below count the sales. The shaded band holds the middle 60% of sales over the last 12 months.

Most recent registered sales
Date	Bedrooms	Sq ft	Price	AED / sq ft	Stage
24 Sept 2026	2 B/R	1,318	AED 1,750,140	1,328	Off-plan
24 Sept 2026	Studio	431	AED 773,800	1,795	Off-plan
24 Sept 2026	Studio	428	AED 769,979	1,798	Off-plan
24 Sept 2026	1 B/R	830	AED 1,280,000	1,542	Off-plan
24 Sept 2026	Studio	426	AED 788,117	1,849	Off-plan
24 Sept 2026	Studio	431	AED 720,000	1,670	Off-plan
24 Sept 2026	Studio	431	AED 784,905	1,820	Off-plan
24 Sept 2026	Studio	435	AED 785,185	1,806	Off-plan

Source: Dubai Land Department open data, matched by the registered project name. Unit numbers are never shown.

Location

Where it is.

Jumeirah Village Circle, Dubai.

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Buying off-plan in Dubai

What it costs beyond the price.

Land Department registration (Oqood): 4% of the price, usually paid with the booking instalment, plus the developer's small registration fee.
No agency fee to you when you buy from the developer: the developer pays our commission.
Your payments go into the project's escrow account, released to the developer as construction is certified.
At handover: service charges start, and a mortgage can finance the final payment if the plan allows it.

General guidance; we confirm every fee for this project in writing before you reserve.

Good to know

Questions people ask.

When is 1WOOD Residence 2 handed over?

The developer plans handover for Q4 2027. Launch dates can move, and we track the registered progress for you.

Who is the developer of 1WOOD Residence 2?

Object One Real Estate Development.

What is the payment plan for 1WOOD Residence 2?

20% on booking (down payment), 40% during construction, 40% on handover. We confirm the current plan in writing before you reserve.

What is the price per square foot in 1WOOD Residence 2?

Registered sales over the last 12 months have a median of AED 1,797 per sq ft, against about AED 1,341 for ready homes in Al Barsha South Fourth.

Can foreigners buy in 1WOOD Residence 2?

Yes. 1WOOD Residence 2 is freehold, so buyers of any nationality can own the property outright, registered in their own name with the Land Department.

Is buying off-plan safe?

Payments for a registered off-plan project go into a RERA-supervised escrow account, and your purchase is registered with the Land Department (Oqood). We check the developer's completed projects and the registered sales before we recommend a project.