1Wood Residence 2

1Wood Residence 2 is in Jumeirah Village Circle, Dubai, Dubai. It is registered with the Dubai Land Department as project 4435, which is the number to quote if you want to verify it on the DLD escrow register yourself.

The developer has scheduled handover for Oct 2027. Construction has not started yet, which is normal for a project at launch stage. Off-plan handover dates move. We track the DLD construction reports on this project and will tell you if it slips.

1Wood Residence 2 is developed by Object One Real Estate Development. They currently have 5 projects on the Dubai Land Department off-plan register, which you can see on their developer page. Before you commit to any off-plan purchase we will look at that developer's actual delivery record rather than their brochure.

Jumeirah Village Circle recorded 13,562 registered Dubai Land Department sales in the 12 months to Sep 2026, at a median of AED 1.05M and AED 1,500 per square foot. 1Wood Residence 2 has not published its price list yet, so ask us for launch pricing when it is released.

Apartments. Floor plans and the unit mix per release come from the developer, and we can send you the current set with what is still available.

On the numbers, Jumeirah Village Circle is an active market: 13,562 sales registered with the DLD in the 12 months to Sep 2026 at a median of AED 1,500 per square foot. Volume that high means you can sell again when you want to, which matters more than a headline yield. Whether it suits you depends on whether you want income or capital growth, and we will pull the rental performance for the specific unit type you are considering.

Any nationality can buy freehold in Dubai's designated freehold areas, with no residency visa or UAE bank account required, and you can complete from overseas by Power of Attorney. A purchase at or above AED 2 million can also qualify you for the 10 year Golden Visa. We confirm the ownership type on this specific project in writing before you pay anything.

Payment plans on off-plan are set by the developer per release and change between phases, so any plan published on a third party site is likely out of date. Your payments go into a RERA-regulated escrow account tied to this project rather than to the developer directly. Ask us for the current schedule, including whether there is a post-handover element.