Where is 1WOOD Residence 2 by Object 1 situated?

1WOOD Residence 2 by Object 1 is located at Jumeirah Village Circle, one of Dubai's most sought-after and growing residential clusters.

What kind of properties are offered at 1WOOD Residence 2 by Object 1?

Properties at 1WOOD Residence 2 by Object 1 include studios, 1 and 2 bedroom apartments and office spaces.

What is the starting price of an apartment at 1WOOD Residence 2 by Object 1?

The starting price of a property at 1WOOD Residence 2 by JVC is AED 788,000 ($214,500) for studios. The 1-bedroom apartments by Object 1 are priced from AED 1,109,000 ($301,900), and the 2-bedroom units are available from AED 1,814,000 ($493,000).

When will 1WOOD Residence 2 by Object 1 be completed?

The completion date of 1WOOD Residence 2 at JVC is Q4 2027.

What are the payment terms for buying a property at 1WOOD Residence 2 by Object 1?

Object 1 offers a flexible interest-free payment plan for buying a property at 1WOOD Residence 2, with the possibility to repay part of the price upon completion.

Will I get a visa if I buy a property at 1WOOD Residence 2 by Object 1?

Yes, if you buy a property in Dubai for an amount of AED 750,000 ($204,000) or more, you can get a 2-year UAE visa for yourself and family members.

1WOOD Residence 2 by Object 1 in Dubai, Jumeirah Village Circle

1WOOD Residence 2 by Object 1 is a new phase of the acclaimed project, where architecture and design establish a delicate dialogue between nature and urban environment. The residential complex is strategically located at Jumeirah Village Circle, surrounded by well-developed social infrastructure. The façades of 1WOOD Residence 2 are designed in a natural aesthetic with an emphasis on warm wooden textures and minimalist forms. The interiors follow the same concept with soft shades, neutral palette, calm light and organic space zoning. Every detail is designed for a feeling of cosiness and relaxation.

The complex comprises 18 floors: underground, basement, 4 podium levels, 2 office and 10 residential ones. Properties at 1WOOD Residence 2 by Object 1 are represented by 191 residences, which are studios and apartments with 1 and 2 bedrooms. The size of housing varies from 426 sqft (40 m²) to 1307 sqft (121 m²). The layouts are characterised by functionality, with thoughtful storage systems, panoramic glazing and modern engineering solutions.

For the comfort of residents, 1WOOD Residence 2 features a swimming pool with lounge area, fitness room, outdoor crossfit area, children's pool and playroom, barbecue facilities and club house. The first two floors accommodate office spaces, which will be a benefit for entrepreneurs and long-distance employees.

Apartments at 1WOOD Residence 2 at JVC can be purchased on a flexible interest-free payment plan from Object 1 — with a low down payment and the option to pay part of the amount upon handing over the keys.

Renders may look slightly different than real life photos

Studio

1-Bedroom

2-Bedroom

Jumeirah Village Circle (more commonly abbreviated as JVC) is one of the most balanced and sought-after areas in the new part of Dubai. It is an ideal destination for both permanent residence and profitable investment. The area is located between Al Khail Road and Sheikh Mohammed Bin Zayed Road and is characterised by excellent transport accessibility. It takes approximately 20-25 minutes to get to Business Bay and Downtown Dubai, 30 minutes to reach Dubai International Airport while Al Maktoum International Airport is a 35-40 minutes drive away.

JVC is designed as a self-contained location with an emphasis on family comfort and a green urban environment. The area embodies the best features of suburban life and the dynamic pace of the metropolis. There are wide boulevards, dozens of cosy parks, jogging paths, sports grounds and recreation areas, which attracts to JVC both families with children and young professionals.

The infrastructure of Jumeirah Village Circle is well developed, with plenty of supermarkets, bakeries, cafes, beauty salons, pharmacies and private clinics. JVC is also home to the prestigious Sunmarke School, Arcadia School, JSS International School and GEMS Founders School.

Popular locations within a 10-30 minute drive away include Dubai Miracle Garden, The Walk JBR, Motiongate and Legoland theme parks. Jumeirah Golf Estates and Montgomerie Golf Course can be reached in about 15-20 minutes, which makes it a pleasant experience for golf enthusiasts. Shopping and urban activity fans will enjoy convenient access to major shopping and entertainment centres. Within 10 minutes drive is City Centre Me'aisem, 15 minutes away is Circle Mall and Mall of the Emirates, while 20 minutes away is Dubai Hills Mall.

Despite the developed infrastructure and favourable location, Jumeirah Village Circle offers a more affordable price level compared to the central areas of the emirate, so property at JVC is in demand among investors and tenants. It is also important that the district demonstrates stable profitability in the context of steady demand and rising rental rates.

Buying an apartment at 1WOOD Residence 2 by Object 1 is a strategically sound investment option, especially with the growing interest towards Jumeirah Village Circle. The location is consistently among the leaders in terms of transaction volume in the property market in Dubai due to its combination of affordable prices, high rental demand and dynamically expanding infrastructure. According to analysts, the average rental yield of apartments at JVC is 6-7% per annum, and the figure can be even higher for modern residential complexes with autonomous infrastructure.

The eco-concept of 1WOOD Residence 2 favourably distinguishes the development among typical offers in the emirate. The investment attractiveness is also strengthened due to the well-thought-out property types, as studios and apartments with 1 and 2 bedrooms are the most demanded format on the rental market. The availability of office spaces within the project makes it suitable for mixed use, especially in the context of the growing number of long-distance professionals and the demand for flexible workspaces.

Considering its strategic location, high rental potential, competitive value and conceptual originality, property at 1WOOD Residence 2 at JVC can be regarded as a quality asset for long-term ownership, resale or rental.