1WOOD Residence by Object One Real Estate Development

Developer: Object One Real Estate Development
Location: Jumeirah Village Circle (JVC), Dubai
Project Type: Residential Apartments
Unit Types: Fully furnished Studios, 1-Bedroom, and 2-Bedroom Apartments
Building Configuration: Ground + 4 Podium Parking Levels + 12 Residential Floors (17 Storeys)
Price Range: From AED 600,000 up to AED 3,034,265
Price per Sq.Ft.: Starting from AED 1,300 per sq.ft.
Size Range: 2,287 sq.ft. – 2,334 sq.ft.
Ownership: Freehold
Handover: Q3 2025
Furnishing: Fully Furnished with EU Furniture & Appliances
Service Charge: AED 15 per sq.ft.
Resale Allowed After: 40% completion

Overview of 1WOOD Residence

1WOOD Residence is an exclusive residential development located in the heart of Jumeirah Village Circle (JVC), Dubai, designed by Object One Real Estate Development. The project is crafted to bring together a lifestyle of modern elegance, smart home technology, and a strong connection to nature. The 17-storey tower is built with an emphasis on wood textures, natural design elements, and contemporary architecture, blending comfort with sustainability.

This residential tower is an excellent opportunity for both homeowners and investors, offering fully furnished apartments equipped with premium appliances, spacious layouts, and advanced smart home systems. Positioned in one of Dubai’s fastest-growing neighborhoods, 1WOOD offers not only luxury and comfort but also a strong potential for high rental yields and long-term capital appreciation.

Property Information

• Project Name: 1WOOD Residence

• Developer: Object One Real Estate Development

• Location: JVC – Jumeirah Village Circle, Dubai

• Building Height: 17 floors (G + 4P + 12)

• Unit Types: Studio, 1BR, and 2BR apartments

• Sizes: 2,287.44 sq.ft. – 2,334.05 sq.ft.

• Furnishing: Fully furnished with European-quality finishes

• Ownership: Freehold

• Price Range: AED 600,000 – 3,034,265

• Price per Sq.Ft.: AED 1,300

• Handover: Q3 2025

• Service Charge: AED 15 per sq.ft.

Detailed Description

1WOOD Residence is more than just another residential building in Dubai; it is a community-focused project designed to balance urban convenience with natural aesthetics. Every aspect of its design reflects a commitment to blending luxury living with sustainable elements. The use of wood textures and natural tones in the façade and interiors creates a warm and welcoming environment, while mature trees incorporated into the landscape design bring an additional sense of greenery and calm.

Each apartment is fully furnished, ready to move in or rent out immediately, making it a convenient choice for investors. From the living spaces to the kitchens and bathrooms, the interiors are fitted with premium appliances, stylish finishes, and smart layouts that maximize space and natural light. Advanced smart home technology allows residents to control lighting, cooling, and security with ease, making daily life both modern and efficient.

The building also incorporates thoughtful community spaces such as coworking lounges, shared fitness zones, family areas, and outdoor relaxation zones. This makes 1WOOD suitable for a wide range of residents – from young professionals and entrepreneurs to small families and long-term investors.

Payment Plans

1WOOD Residence offers a flexible payment plan designed to suit investors and buyers looking for convenience and affordability:

• 10% on Booking

• 60% during Construction (linked to progress milestones)

• 30% on Handover

This payment plan provides buyers the advantage of securing a unit with a relatively low upfront payment while spreading the balance across the construction phase.

Economic Appeal

Investing in 1WOOD Residence offers a strong economic appeal due to its location in Jumeirah Village Circle, one of Dubai’s most in-demand residential neighborhoods. Properties in JVC are known for high rental demand, steady occupancy rates, and affordable prices per square foot compared to central districts like Downtown Dubai or Dubai Marina.

The project’s combination of fully furnished apartments, flexible payment plans, and smart home systems makes it attractive to both end-users and investors. With JVC’s continuous growth in infrastructure, new retail spaces, parks, and road networks, property values in this area are expected to appreciate significantly over the next few years.

Rental yields in JVC often range between 6% to 8% annually, which makes 1WOOD an appealing choice for buyers seeking long-term returns. The freehold ownership structure ensures that both local and international investors can purchase units with full ownership rights.

Nearby Attractions and Distances

1WOOD Residence benefits from its strategic central location within JVC, ensuring easy connectivity to the rest of Dubai.

• Circle Mall JVC – 5 minutes

• Dubai Marina – 15 minutes

• Palm Jumeirah – 15 minutes

• Mall of the Emirates – 20 minutes

• Downtown Dubai & Burj Khalifa – 25 minutes

• Dubai International Airport (DXB) – 31 minutes

• Al Maktoum International Airport (DWC) – 24 minutes

• Sufouh Beach – 12 km

• Nearby Communities: Dubai Sports City, Dubai Production City (IMPZ), Jumeirah Village Triangle (JVT)

Amenities and Facilities

1WOOD Residence offers a comprehensive range of world-class amenities designed to support modern lifestyles:

Children’s Pool
A safe and fun pool area designed specifically for kids, ensuring families have a space for children to enjoy water activities.

Concierge Service
Round-the-clock concierge services providing assistance with daily needs, bookings, and resident support.

Covered Parking
Four levels of podium parking, offering secure and convenient parking spaces for residents.

Coworking Zone
A modern coworking space for professionals and entrepreneurs, complete with high-speed internet and comfortable working stations.

Kids Play Area
An indoor and outdoor kids’ zone designed to provide children with safe recreational activities.

Leisure Areas
Beautifully landscaped leisure spaces within the development where residents can relax and unwind.

Lobby
A stylishly designed reception area that creates a welcoming atmosphere for residents and visitors.

Retail Outlets
Shops and convenience stores are located within the development, offering easy access to daily essentials.

Shared Pool
A luxurious swimming pool for adults, perfect for relaxation and social gatherings.

Shared Gym & Fitness Center
A state-of-the-art gym equipped with modern machines and fitness facilities for residents.

About the Developer

Object One Real Estate Development is part of the international TSZ Group, established in 2010. The company has built a strong reputation for delivering high-quality residential projects in Dubai and Spain, focusing on modern architecture, natural design elements, and premium finishes.

Object One has already delivered several iconic projects in Dubai, including:

• 1WOOD Residence in JVC – nature-inspired, fully furnished apartments.

• RAIN Tower – a 25-storey residential tower with a modern façade.

• V1TER Residence – another 25-storey tower in JVC.

• Ozone Residence – known for its green-friendly infrastructure and landscaped spaces.

The developer’s philosophy is to treat real estate as an art form, ensuring every project not only offers comfort and luxury but also harmonizes with its environment. Their forward-thinking designs, use of premium materials, and commitment to sustainable architecture make them one of Dubai’s most trusted developers.

FAQs

1. What types of apartments are available in 1WOOD Residence?
1WOOD offers fully furnished studios, 1-bedroom, and 2-bedroom apartments.

2. What is the starting price of units in 1WOOD Residence?
Prices start from AED 600,000, making it a competitive option in JVC.

3. Is 1WOOD a freehold property?
Yes, ownership is freehold, allowing both UAE residents and international investors to purchase.

4. When is the handover of 1WOOD Residence expected?
The project is scheduled for handover in Q3 2025.

5. Does the project offer a payment plan?
Yes, a 10/60/30 flexible payment plan is available.

6. What amenities are included in the project?
Amenities include swimming pools, a gym, coworking spaces, children’s play areas, concierge services, retail outlets, and landscaped leisure zones.

7. What makes 1WOOD Residence a good investment?
Its location in JVC, competitive pricing, high rental yield potential, and furnished units with smart home features make it a strong choice for investors.

8. How far is 1WOOD from popular Dubai destinations?
It is 5 minutes from Circle Mall, 15 minutes from Dubai Marina, and 25 minutes from Downtown Dubai.

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