Under construction properties
1Wood
$180,100 — $571,900
  • Property types:
    Studio, 1 bedroom, 2 bedroom
  • Two-Year Price Appreciation:
    20%
  • District:

    Jumeirah Village Circle

  • Developer:

    Object 1

  • Class of the property:
    "С"
  • Class of the district:
    "B"
  • Rating Independent:
    5★
  • Reliability of the developer:
    5★
  • Down payment:
    14%
  • Payment plan:
    60/40
  • Completion date:
    Q3 2025

About district
Location
  • District
    Jumeirah Village Circle
The district is located close to business centers, with excellent transportation links through major highways. Its proximity to Mall of the Emirates, The Dubai Mall, and other popular places makes it attractive for both residents and tourists.

Current Property Value Over the Past Year:
  • Average price per square meter increased by 39%.
  • Average apartment price increased by 25%.
  • Number of buying-selling transactions increased by 35%.


✅ Infrastructure: The district offers diverse social amenities, including parks, playgrounds, sports facilities, and supermarkets. Educational institutions such as JSS International School and UEG School are also present. The large shopping center, Circle Mall, provides a wide range of shops and restaurants.

✅ Education: Various educational institutions are represented in the area, including the international school JSS and nurseries like Kids World Nursery and Stepping Stones.

✅ Healthcare: Several medical clinics are available in JVC, offering a wide range of medical services, including Right Health and the dental clinic Apex Dental.
Statistics by district
Unit cost
Sales price
Unit cost
Sales price per sqft

About developer

Object 1

Object 1 is a modern project that combines multicultural, aesthetic and sustainable aspects. It is part of the international TSZ group. The developer of this project has been successfully implementing his ideas in the largest cities of Eastern Europe and Spain for more than 10 years, and now it provides residents and visitors of Dubai with the opportunity to get acquainted with its philosophy.

Modern residences, such as RA1N Residence, 1WOOD Residence and V1TER, are changing the urban lifestyle, setting a new rhythm and level of comfort in communication, while preserving the traditions and history of locations.

Every detail of the building is carefully designed to ensure the well-being and safety of the residents and to provide a comfortable living experience.

Object 1 is being built in Jumeirah Village Circle (JVC) and provides residents with convenient access to major highways of the Emirate, including Emirates Road, Sheikh Zayed Road and Al Khail Road, as well as to various areas such as Al Barsha South, Arjan-Road, Dubailand, Motor City, Dubai Sports City and Dubai Production City. Nearby are parks, attractions and other amenities.

About building
About 1Wood
1WOOD is a 17-story residential development featuring fully furnished apartments, a spacious coworking space, a multifunctional public area, a 4-story parking facility, and a delightful swimming pool for both kids and adults. Immerse yourself in a world of natural wonders and beyond.

Commitment to nature takes center stage in 1WOOD, where wood textures and accents permeate both the exterior and interior designs. Embracing the essence of nature, the presence of mature trees further enhances the building’s organic allure.

Situated in Jumeirah Village Circle, this residential complex enjoys a strategic location, surrounded by infrastructure that comprehensively caters to the needs of future residents. In close proximity, you'll find major fitness centers, parks, supermarkets, shopping complexes, and social amenities. The presence of transportation hubs nearby ensures swift access to key locations and attractions in the emirate.

1Wood, the residential complex by Object1, stands as a lucrative real estate investment option and an exceptional place for independent living.
Features / Amenities
  • Parking garage
  • Lounge Lobby
  • Kids Play Area
  • Gym
  • Swimming pool
  • Co-working
  • Security

Apartment
Floor Plans
Studio / 438 sqft — 475 sqft
$180,100 — $189,800
1 bedroom / 672 sqft— 800 sqft
$254,100 — $280,600
2 bedroom / 1281 sqft — 2334 sqft
$375,100 — $571,900

Process of purchasing
Process of purchasing property
1
Step №1
We identify a suitable property that meets your needs and has promising potential for appreciation.
2
Step №2
We confirm the property's availability with the developer, keeping in mind that properties in Dubai can be snapped up quickly.
3
Step №3
Our team verifies the escrow accounts and the project card via the Dubai Land Department website.
4
Step №4
You place an Expression of Interest (refundable) or a Deposit (non-refundable) - 2-5% to provisionally reserve the property under your name. This deposit is paid into the developer's bank account.
5
Step №5
We complete and sign the Booking Form online.
6
Step №6
You transfer the remaining part of the initial payment (10-20%) within 1-2 weeks. This payment is also made to the developer's bank account.
7
Step №7
We handle the payment of the Dubai Land Department (DLD) fee, which amounts to 4% of the property value.
8
Step №8
You cover additional fees: the administration fee (580 AED) and OQOOD - temporary ownership certificate (2,100 AED for sale price below 500k - 4,200 AED for sale price above 500k).
9
Step №9
We sign the main Sales and Purchase Agreement (SPA) either remotely, at the developer's office, or via post. This typically occurs within 1-2 months.

Example of the agreement
10
Step №10
You continue with the remaining payments, which are made to the project's escrow account, until the handover or key collection.
11
Step №11
Upon completion of the full payment, you will receive the Title Deed - the ownership certificate (250 AED) and then proceed to take over the property and collect the keys.

Title Deed
All rights reserved.
ⓒ2024