1WOOD Residence 2

1WOOD Residence 2 is a residential building by developer Object 1, situated in Jumeirah Village Circle in Dubai's south-western residential belt, offering 109 furnished apartments across studio, one-bedroom and two-bedroom configurations, with completion scheduled for December 2027.

# The building and its position in Jumeirah Village Circle

JVC occupies a circular master plan roughly midway between Sheikh Mohammed Bin Zayed Road and Al Khail Road, a geography that gives residents fast access to the broader city without placing them inside it. The district has matured steadily over the past decade, accumulating schools, clinics, cafés and retail, and now carries the density of an established neighbourhood rather than a construction site.

Within that setting, 1WOOD Residence 2 draws its architectural character from warm-toned materials and natural textures, a deliberate contrast to the glass-and-aluminium register of many comparable mid-rise buildings in the area. The façade references organic forms rather than corporate geometry. At 109 units across a single tower, the building is modest in scale by Dubai standards, which tends to translate into a quieter lobby and a more manageable owners' community.

Construction is underway with delivery set for the end of 2027.

# Residences, layouts and specification

The range runs from studios at approximately 426 sq ft through to two-bedroom apartments reaching just over 2,500 sq ft, a span that covers first-time buyers, buy-to-let investors and those looking for a more generously proportioned city pied-à-terre.

Studios are priced from around AED 820,000. One-bedroom apartments vary considerably by floor plan, ranging from compact 641 sq ft formats at roughly AED 1.2 million to larger configurations of over 1,150 sq ft priced at approximately AED 1.93 million. The two-bedroom units recorded in the dataset reach up to 2,018 sq ft, with pricing at AED 1.93 million and AED 3.06 million respectively. All apartments are delivered furnished.

Interiors follow a neutral palette with natural wood detailing and large windows designed to draw daylight through the plan. Kitchens are equipped. The finish quality described by the developer positions the project in the premium mid-market tier rather than the entry-level segment, though buyers should inspect show units to verify specification against their own benchmarks.

The service charge is set at AED 15 per sq ft per year.

# Amenities across the building

Object 1 has allocated space across the building for a clubhouse, gym, outdoor CrossFit area, swimming pool, pool deck with sun loungers, kids' pool and a children's play area. A BBQ area completes the communal offering.

The outdoor CrossFit zone is an increasingly common amenity in Dubai mid-rises, reflecting buyer expectations that have shifted since 2020. Its presence alongside a conventional gym means residents have options rather than a single fitness format.

For families, the dedicated children's pool and play area reduce the usual compromise of buying in a smaller building.

# Access, distances and daily practicalities

Circle Mall, the primary retail and dining anchor for JVC residents, sits 1.3 km from the building. Little Wonders Nursery is 0.4 km away, a relevant fact for buyers with young children assessing walkability. Remram Community Park is 0.9 km out, accessible on foot or by short drive.

Sufouh Beach on the JBR coastline is approximately 13.7 km by road. Downtown Dubai is 20 km, a journey that takes around 20 to 25 minutes outside peak hours via Al Khail Road. Dubai International Airport is 33.8 km, positioning the project closer to Al Maktoum International Airport in Jebel Ali, though both remain viable depending on airline preference.

JVC has no metro station, so car ownership or ride-hailing remains the practical default for residents.

# Who this project suits and where it sits in the current market

The pricing structure at 1WOOD Residence 2 targets buyers for whom JVC's yield profile matters as much as personal use. Studios at just above AED 800,000 and one-bedrooms entering below AED 1.3 million place the project within reach of buyers using UAE mortgage finance, which caps at 80 per cent loan-to-value for non-residents on properties below AED 5 million.

For GCC and European buyers seeking a buy-to-let entry point, JVC has historically posted rental yields in the 6 to 8 per cent range, supported by steady demand from the professional and mid-income tenant base that the area attracts. The furnished delivery removes a meaningful cost and logistics burden for non-resident landlords.

Buyers prioritising capital appreciation over yield may find the district's growth runway more limited than emerging waterfront addresses, but the trade-off is a lower entry price, an established community infrastructure and a building small enough that resale is not competing against hundreds of identical units in the same stairwell.