Developer: Object 1 Development · Jumeirah Village Circle

1wood Residence

1wood Residence is a residential project by Object 1 Development in Jumeirah Village Circle, Dubai, with construction 93.7% complete per the DLD registry, 227 units, 242 DLD-registered sales since 2013.

Construction93.7%DLD registry · checked 8 Jul 2026
Units227DLD registry
DLD sales242 since 2013DLD registry
Median sale priceAED 14 966/m²Our calculation

Every figure carries its origin: “DLD registry” is taken from the Dubai Land Department register, “Developer supplied” is stated by the developer, “Our calculation” is computed by us from the first two. Developer prices change without notice — confirm before you commit. Methodology

Payment plan 14/56/30

The purchase price is split into these stages.

114%Down payment
256%During construction
330%On handover

The exact schedule is confirmed in the sale agreement for the selected unit.

Mortgage for this project

For UAE residents the down payment starts at 20% with terms up to 25 years. Estimate your payment and purchase costs for your budget.

Calculate mortgage

Estimates only; not a bank approval.

Handover date & construction progress

93.67%
  • Status date08.07.2026
  • Progress between DLD inspections+4.95% (2026-02-25 → 2026-07-08)
  • DLD project number2907

Data from the Dubai Land Department project registry (updated 25.09.2026 09:55).

Construction progress 59
8 July 2026 93.67%
1wood Residence, Jumeirah Village Circle construction progress — 8 July 2026, 93.67% complete, photo 1 of 61wood Residence, Jumeirah Village Circle construction progress — 8 July 2026, 93.67% complete, photo 2 of 61wood Residence, Jumeirah Village Circle construction progress — 8 July 2026, 93.67% complete, photo 3 of 61wood Residence, Jumeirah Village Circle construction progress — 8 July 2026, 93.67% complete, photo 4 of 61wood Residence, Jumeirah Village Circle construction progress — 8 July 2026, 93.67% complete, photo 5 of 61wood Residence, Jumeirah Village Circle construction progress — 8 July 2026, 93.67% complete, photo 6 of 6

Construction photos are taken by the technical inspectors of the Dubai Land Department (DLD) and remain its property. We show compressed copies; full-resolution originals are available in the Real Estate Project Status service.

Recent transactions

DateTypeSize, m²Price, AED
31.07.2026Studio40.5622 433
01.07.2026Studio40.5720 000
06.05.2026Studio34.9550 000
31.03.20262 BR118.91 638 323
19.02.20262 BR216.83 323 804
19.02.20262 BR212.53 324 794
18.02.2026Studio44.4650 000
26.01.2026Studio37.4620 000
13.01.202643.5556 793
13.01.202643.5556 538
13.01.2026114.01 403 015
13.01.202643.1548 049
13.01.202690.61 119 024
13.01.2026157.62 020 648
23.12.2025Studio40.7635 136
09.12.2025Studio40.7609 731
09.12.2025Studio40.7609 731
05.12.2025Studio40.5624 069
05.12.2025Studio49.5717 431
05.12.2025Studio34.9520 849

Dubai Land Department transaction registry, updated 2026-09-23. Explore Dubai property transactions →

Registered transactions in 1wood Residence

Dubai Land Department records for this building: closed transaction prices, not asking prices or estimates. Figures are medians, so a single expensive sale does not move them.

242deals since 2013
14 966AED per m², median
1%resale, the rest bought from the developer
-1%over the past year

The yearly figure compares the last 12 months with the 12 before them: calendar years would not work, the current one is unfinished. The district moved +2% over the same period, so the building lagged.

What buyers actually paid

TypeSize, m²Price, AEDPer m²Deals
Studio41636 54115 525155
1 bedroom72958 69213 31556
2 bedrooms1191 516 51112 74414

Median across all recorded deals in this building. Rows with fewer than five deals are omitted: there is nothing to average there.

How the price per square metre moved

From 2024 to 2026 — -3% on the price per square metre in this building. The district moved +10% over the same period, so the building lagged the market.

15 1692024——
14 8332025——
14 6462026*——

Top to bottom: purchase price per m², year, annual rent per m², gross yield.

All figures are medians. Years with fewer than eight deals are skipped; rent is shown where there are at least twenty contracts. The yield is gross — service charges are not published in the register.

* 2026 is still in progress and its bar covers part of the year. The growth figure above uses completed years.

Source: Dubai Land Department transaction register. The register is updated daily; the figures here are recalculated weekly.

Places nearby

🌳 Halfa Park · 0.3 km🌳 Farfar Park · 0.4 km🌳 Shooa Park · 0.4 km🌳 Qesad Park · 0.5 km🌳 Yas Park · 0.7 km
1wood Residence

About the project

1wood Residence is a one-building mixed-use development in Jumeirah Village Circle by Object One Real Estate Development. The project comprises 227 units and is configured as B+G+4P+12F+R. It is active, with a recorded completion ratio of 93.67% following an inspection dated 8 July 2026.

Project configuration and construction

1wood Residence is planned as a single mixed-use building with a stated configuration of B+G+4P+12F+R. This includes a basement, ground level, four P levels, 12 floors and an R level. The development has 227 units in total and a recorded total area of 13,332.40. Its construction specification identifies a concrete structure and blockwork, with internal and external finishes. The project started on 19 December 2023. The location is identified as Jumeirah Village Circle, with Al Barsha South Fourth recorded as its area designation.

Jumeirah Village Circle setting

Jumeirah Village Circle is a freehold master community launched by Nakheel in 2005. The masterplan covers more than 870 hectares and is divided into six districts. Its housing stock includes low- to mid-rise apartment buildings, townhouses and villas, with completed homes and continuing construction activity across the community. By mid-2020, 235 towers or townhouse rows had been completed in JVC, while 110 were under construction. The wider JVC area includes 367 projects, placing 1wood Residence within a large residential district with an established and expanding built environment.

Road links and city destinations

Jumeirah Village Circle is positioned near the junction of Sheikh Zayed Road and Al Khail Road, with entry and exit points to Hessa Street. From JVC, Dubai Marina is 7.3 km away, Palm Jumeirah is 9.3 km away, Mall of the Emirates is 6.9 km away and JBR Beach is 8.0 km away. Downtown Dubai is 17.0 km away, while Dubai International Airport is 27.0 km away. Dubai Mall is 17.3 km away and Al Maktoum International Airport is 18.4 km away. These distances describe the wider JVC location.

Metro access within JVC

JVC is primarily car-oriented, supported by road connections to major Dubai corridors. The nearest Dubai Metro Red Line station, R34, is 6,139 metres from central JVC locations. The station is therefore not within convenient walking distance for regular use from central parts of the community. For road travel, Dubai Mall is stated at 21 minutes by car from JVC, while Palm Jumeirah and Dubai Marina can take 20 minutes. Travel times vary according to traffic conditions and the route used.

Construction status

1wood Residence is recorded as active. Its completion ratio is 93.67%, based on an inspection dated 8 July 2026. The project’s recorded start date is 19 December 2023. The building is one of the continuing development projects in Jumeirah Village Circle, where new apartment, townhouse and villa schemes have been delivered in phases alongside ongoing construction. The active status and completion ratio provide the recorded construction position for the project.

Retail and community context

Circle Mall is a major retail project within Jumeirah Village Circle. Its plans include 235 shops, an anchor supermarket, two department stores, a multi-screen cinema, a health clinic, cafés, restaurants and a food court. By July 2020, the mall had topped out and its façade was partly complete. JVC also has a mix of established residential clusters and newer projects, including apartment buildings, villas and townhouses. This combination places 1wood Residence in a mixed residential community with planned retail and leisure infrastructure.

Developer

Object One Real Estate Development is the developer of 1wood Residence. The company is associated with this 227-unit mixed-use project in Jumeirah Village Circle. The project is arranged as one building and carries the B+G+4P+12F+R configuration. Its recorded development timeline begins on 19 December 2023, and its active status includes a completion ratio of 93.67% recorded after the inspection of 8 July 2026.

Frequent questions

Who is the developer of 1wood Residence?
1wood Residence is developed by Object One Real Estate Development.
Where is 1wood Residence located?
1wood Residence is located in Jumeirah Village Circle, with Al Barsha South Fourth recorded as its area designation.
How many units are in 1wood Residence?
The project comprises 227 units in one building.
What is the building configuration of 1wood Residence?
The recorded configuration is B+G+4P+12F+R.
What is the construction status of 1wood Residence?
The project is active and had a recorded completion ratio of 93.67% following the inspection dated 8 July 2026.
When did 1wood Residence start?
The recorded project start date is 19 December 2023.
What is near 1wood Residence in JVC?
From JVC, Dubai Marina is 7.3 km away, Mall of the Emirates is 6.9 km away and Palm Jumeirah is 9.3 km away.
How close is the metro to JVC?
Dubai Metro Red Line station R34 is 6,139 metres from central JVC locations.
How can I buy an apartment in 1wood Residence?
Submit an enquiry via the form on this page or message us on WhatsApp — a Continental Club Property broker (RERA 31933) will help you choose a unit and send the brochure and payment plan.

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Project data comes from the Dubai Land Department (DLD) registry.

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How to cite:1wood Residence — Continental Club Property, from Dubai Land Department registry and developer data, 2026-08-06, https://continentalclub.ae/project/1wood-residence-jumeirah-village-circle/