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Object 1 · Jumeirah Village Circle
1WOOD Residence Phase 2
The second phase of Object 1's 1WOOD Residence in JVC District 14, from about AED 788K on a 60/40 plan, handover late 2027.
Starting price
AED 788K
Handover
Q4 2027
Status
Under construction
Payment plan
60/40
About MRKYour advisor
MRK Real Estate Brokers
MRK Real Estate Brokers was founded with a clear mission: to provide premium, transparent and results-driven real estate services across Dubai. We combine deep market expertise with genuine care for every client.
Whether you are a first-time buyer, a seasoned investor, a tenant seeking the perfect home or a landlord looking for professional property management, our dedicated team is here to deliver exceptional results.
Licensed by the Dubai Real Estate Regulatory Agency (RERA), we operate with the highest standards of professionalism and integrity, with a portfolio spanning Dubai’s most prestigious communities.
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The projectJumeirah Village Circle
1WOOD Residence Phase 2
1WOOD Residence Phase 2 extends Object 1's timber-accented 1WOOD concept in District 14 of Jumeirah Village Circle with studios, one- and two-bedroom apartments.
Pricing starts around AED 788,000 on a 20/40/40 plan; one portal also describes a variant with 10% on handover and 30% paid post-handover.
Handover is cited as Q3 2027 by some portals and December 2027 by others; Q4 2027 is the more commonly listed date.
Key facts
| Developer | Object 1 |
| Community | Jumeirah Village Circle |
| Status | Under construction |
| Handover | Q4 2027 |
| Starting price | AED 788K |
| Unit types | Studio, 1 Bedroom, 2 Bedroom |
| Payment plan | 60/40 |
| Ownership | Freehold — open to all nationalities |
Why 1WOOD Residence Phase 2
mrk.aeGalleryVisual tour
Inside 1WOOD Residence Phase 2
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mrk.aeInvestmentPricing & payment
Investment overview
Unit types
Studio · 1 Bedroom · 2 Bedroom
Payment plan
60/40 — 20% on booking, 40% during construction, 40% on handover
Worked example
On AED 788K
| 20% · Booking | AED 158K |
| 40% · Construction | AED 315K |
| 40% · Handover | AED 315K |
| DLD fee (4%) | AED 32K |
Units of AED 2M or more qualify for the 10-year UAE Golden Visa (subject to ICP rules).
Arrange your private consultation
Secure your residence at 1WOOD Residence Phase 2
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mrk.ae/projects/object-1-1wood-residence-2-jvc
MRK Real Estate Brokers · RERA ORN 17024. This presentation is prepared by MRK for marketing purposes from published sources and is subject to change without notice. Images © Object 1; MRK watermark applied. Prices, payment plans, specifications and handover dates must be confirmed with MRK before purchase. This document does not constitute an offer or contract.