New homes in 1Wood Residence start at AED 635,136; the keys were due Sep 2025; you pay 10% to book, 60% while it is built and 30% at the keys.
In the 24 months to Nov 9, 2026, Dubai Land Department recorded 59 off-plan sales of studio apartments of 184 sq ft to 621 sq ft in 1WOOD RESIDENCE. Their median price is AED 1,403 per sq ft (about AED 525,000 at 374 sq ft). This project's from price is AED 1,698 per sq ft (AED 635,136 for its smallest home, 374 sq ft), 21% more.
Keys
Sep 2025
The developer's handover date. It has passed and may be out of date, so check the current one with the developer.
Payment plan
10 / 60 / 30
10% to book, 60% while it is built, 30% at the keys
Bedrooms
Studio to 2 beds
Sizes
374 to 1,281 sq ft
Ownership
Freehold
Property types
Apartment
Registration fee
4% of the price
Paid to the Dubai Land Department
As of Nov 1, 2026. These details can change; confirm them with the developer before you book.
Dubai Land Department register
From price per sq ft
AED 1,698 per sq ft
Similar off-plan homes: AED 1,403 per sq ft
RERA project
2907
Check it in Dubai REST, the Dubai Land Department's official app.
Built
94%
Being built. DLD register, Nov 11, 2026
Escrow account
مصرف ابوظبى الاسلامى
The bank that holds your payments
Registered homes
227
In 1 buildings
Dubai Land Department project register, as of Nov 11, 2026.
Paying for it
You pay 10% when you book, 60% as the building goes up, and 30% when you get the keys.
AED
When
Stage
Share
Amount
Paid by then
When you bookBooking · 10%
Booking
10%
AED 63,514+ AED 25,405 DLD fee
AED 88,919
As it is builtWhile it is built · 60%
While it is built
60%
AED 381,081
AED 470,000
At the keys (Sep 2025)Keys · 30%
Keys
30%
AED 190,541
AED 660,541
Booking payment, 10%
AED 63,514
Dubai Land Department fee (Oqood), 4%
AED 25,405
Cash you need to bookThe developer pays the broker, so there is no buyer's fee.
AED 88,919
Total costPrice plus the DLD fee
AED 660,541
The handover date (Sep 2025) is too close or already past to estimate the dates. Ask the developer for its current schedule.
Your payments go into the project's escrow account, which RERA watches, not straight to the developer.
A mortgage at the keys
Before you buy
Pay into the project's escrow account only.
This project's escrow account is at the bank named on the register above, watched by RERA. Pay into that account, never to a person.
Budget for the service charge.
Once the building is finished you pay a yearly service charge per sq ft, set from the building's budget and approved by RERA. "Rent and yield" below gives the figure for this project.
Register the sale with Oqood.
The Land Department records off-plan sales in its Oqood register. Until your sale is on it, the home isn't in your name.
Is the price fair?
Dubai Land Department recorded 59 off-plan sales of studio apartments of 184 sq ft to 621 sq ft in 1WOOD RESIDENCE, from Nov 10, 2024 to Nov 9, 2026. Here is what they sold for, and where this project's from price sits.
Fewer than 30 similar homes in 1WOOD RESIDENCE sold in 12 months, so we looked at 24 months.
Dubai Land Department recorded 59 off-plan sales of studio apartments of 184 sq ft to 621 sq ft in 1WOOD RESIDENCE, from Nov 10, 2024 to Nov 9, 2026. Here is what they sold for, and where this project's from price sits.
Median price AED 1,403 per sq ft
AED 1,161 to AED 1,228 per sq ft
4 sales
AED 1,228 to AED 1,294 per sq ft
0 sales
AED 1,294 to AED 1,361 per sq ft
7 sales
AED 1,361 to AED 1,427 per sq ft
21 sales
AED 1,427 to AED 1,494 per sq ft
13 sales
AED 1,494 to AED 1,561 per sq ft
6 sales
AED 1,561 to AED 1,627 per sq ft
4 sales
AED 1,627 to AED 1,694 per sq ft
4 sales
AED 1,161 per sq ftAED 1,694 per sq ft
This project AED 1,698 per sq ft, above every sale
Half of the sales sold for AED 1,376 to AED 1,464 per sq ft
The median is the middle sale: half sold for less, half for more.
Show as tableShow as chart
Price per sq ft
Sales
AED 1,161 to AED 1,228 per sq ft
4
AED 1,228 to AED 1,294 per sq ft
0
AED 1,294 to AED 1,361 per sq ft
7
AED 1,361 to AED 1,427 per sq ft
21
AED 1,427 to AED 1,494 per sq ft
13
AED 1,494 to AED 1,561 per sq ft
6
AED 1,561 to AED 1,627 per sq ft
4
AED 1,627 to AED 1,694 per sq ft
4
The 3 closest sales
Picked from the 59 similar sales above, closest in size to this project's smallest home.
May 2026AED 550,000AED 1,463 per sq ft1 WOOD RESIDENCE, 376 sq ft
Dec 2025AED 520,849AED 1,386 per sq ft1 WOOD RESIDENCE, 376 sq ft
Oct 2025AED 632,756AED 1,683 per sq ft1 WOOD RESIDENCE, 376 sq ft
Off-plan sales only, of the same home type, bedrooms and size band.
What similar homes sold for
The median price of off-plan homes with the same number of bedrooms that sold in Jumeirah Village Circle in the 12 months to Sep 30, 2026. The smallest type is checked at the from price.
Type
Off-plan median
Sales
Against similar sales
Studio apartmentFrom AED 635,136 here
Off-plan medianAED 741,000AED 1,825 per sq ft
Sales2,549
21% above 59 similar sales
1-bed apartment
Off-plan medianAED 1,159,000AED 1,497 per sq ft
Sales3,757
2-bed apartment
Off-plan medianAED 1,702,000AED 1,377 per sq ft
Sales885
Sales from Oct 1, 2025 to Sep 30, 2026. A median needs at least 30 sales.
Rent and yield
Gross yield at the from priceRent ÷ price
8.2%
Net yield at the from price(Rent − service charge) ÷ (price + DLD fee)
6.8%
Typical gross yield of similar ready homes
8.5%
Median rent of studio apartments in Jumeirah Village Circle
AED 52,000 a year
Service charge a year, from the keysThe area median, AED 19 per sq ft from 5 buildings, as of 2023, for the smallest home (374 sq ft)
AED 7,106
Rent contracts counted
5,438
Rented between
Apr 1, 2025 and Mar 31, 2026
Studio apartment
AED 52,000 a year
1-bed apartment
AED 75,000 a year
2-bed apartment
AED 110,000 a year
Gross yield is a year's rent before costs, as a share of the price. At the from price: AED 52,000 ÷ AED 635,136 = 8.2%. The home earns nothing until the keys, and new buildings often rent for more than older ones.
Rents come from Ejari, Dubai's register of rent contracts: new residential contracts in the area, all buildings. A median is the middle one: half are lower, half higher.
On your doorstep
Dubai Internet City Metro Station5.8 km, 14 min driveMetro station
JSS International School1.7 km, 3 min driveSchool
Nord Anglia International School1.8 km, 4 min driveBritish school
Circle Mall900 m, 15 min walkMall
Mediclinic Springs3.9 km, 8 min driveHospital
Dubai Internet City6.2 km, 17 min driveOffices
The Els Club, Dubai Sports City3.4 km, 10 min driveGolf
1Wood Residence is an apartment building by Object One Real Estate Development in Jumeirah Village Circle, with studios to 2-bedroom homes from AED 635,136. The listed handover was September 2025, so it may be out of date; ask the developer for the current status and the completion certificate.
The listed handover was September 2025, so it may be out of date; ask the developer for the current status and the completion certificate.
The plan is 10% on booking, 60% during construction and 30% on handover. At the from price that is about AED 63,500 on booking, about AED 381,100 for the construction stage and about AED 190,500 on handover. Separately, the 4% DLD fee comes to about AED 25,400; ask when it is due. If construction is over, ask how the 60% construction stage is billed.
The listing gives sizes of 374 to 1,281 sq ft, while the developer quotes 440 sq ft for a studio, 800 sq ft for one bedroom and 1,281 sq ft for two, so ask for the floor plan of your unit. Residents get a gym, a spa, a shared swimming pool, a children's play area and a barbecue area.
By our map, a HealthHub clinic is about 120 m away, JSS International School about 1.7 km and Nord Anglia International School about 1.8 km. Dubai Internet City Metro Station is about 14 minutes by car and Marina Walk about 18 minutes, by our estimate.
The developer's plans. Sizes and layouts can change; ask the developer for the plan of the exact unit you're looking at.
Studio
1 BR
2 BR
How prices moved
Median price of studio apartments in Jumeirah Village Circle, over the 12 months to each dateUp 14% from Dec 2024 to Sep 2026.
Dec 2024AED 1,601 per sq ft
Sep 2026AED 1,825 per sq ft
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12 months to
Median price
Sales
Sep 2026
AED 1,825 per sq ft
2,549 sales
Jun 2026
AED 1,794 per sq ft
3,446 sales
Mar 2026
AED 1,762 per sq ft
4,374 sales
Dec 2025
AED 1,751 per sq ft
4,521 sales
Sep 2025
AED 1,706 per sq ft
4,332 sales
Jun 2025
AED 1,671 per sq ft
3,978 sales
Mar 2025
AED 1,625 per sq ft
3,527 sales
Dec 2024
AED 1,601 per sq ft
3,576 sales
Off-plan sales only.
Questions about this project
Who is the developer?
Object One Real Estate Development.
When is handover?
The listed handover was September 2025, so it may be out of date; ask the developer for the current status and the completion certificate.
What are the payments at the from price?
About AED 63,500 on booking, AED 381,100 during construction and AED 190,500 on handover. Separately, the 4% DLD fee comes to about AED 25,400; ask when it is due.
How big are the apartments?
The listing gives 374 to 1,281 sq ft, but the studio size is also quoted as 440 sq ft. Ask for the floor plan of the exact unit.
