1WOOD Residence

1WOOD Residence is an off-plan commercial and residential development by Object 1 in Jumeirah Village Circle (JVC), Dubai, with completion targeted for Q4 2027. The project provides commercial office units within a mixed-use development in one of Dubai's most established mid-market residential communities, where the growing residential population creates structural demand for professional services, healthcare, and small business commercial space. Units are priced from AED 2,200 per square foot. Payment plan terms and specific unit configurations should be confirmed directly with Object 1. The 1WOOD design concept implies natural materials and a biophilic approach, consistent with growing occupier preference for wellness-oriented workplace environments in Dubai's commercial market.

As an off-plan development, 1WOOD Residence has no established rental market at the time of writing. Indicative projections based on a gross yield approach suggest a conservative gross return of approximately 8 percent on acquisition price — approximately AED 200 per square foot per annum — a practical scenario of 10 percent (approximately AED 225 per square foot per annum) and an optimistic scenario of 12 percent (approximately AED 275 per square foot per annum). Commercial yields in Dubai are structurally higher than residential, supported by shorter lease cycles and strong occupier demand in a supply-constrained market. Actual returns will depend on market conditions at handover and quality of occupier secured. Independent rental appraisal is strongly recommended prior to any acquisition commitment.

1WOOD Residence is situated in Jumeirah Village Circle (JVC), one of Dubai's most established mid-market residential and mixed-use communities, with road access via Al Khail Road and Sheikh Mohammed Bin Zayed Road providing connectivity to central Dubai and the wider emirate. JVC is predominantly road-accessed at present, with proximity to Dubai Hills, Dubai Sports City, and Dubai Marina. The surrounding JVC community benefits from a mature residential population and retail network including Circle Mall, providing food and beverage and retail amenity for commercial occupiers and a captive customer base for community-serving businesses. Dubai International Airport is accessible within approximately twenty minutes by road.

1WOOD Residence targets the accessible end of the JVC commercial market: small business owner-occupiers, professional services firms, and yield-focused investors for whom a cost-effective freehold position in a densely populated residential community justifies the development risk. The growing JVC residential population provides a structural demand base for community-facing commercial occupiers. Object 1's established JVC delivery track record reduces developer risk relative to newer market entrants. The investment case rests on the continued densification of JVC as a mixed-use community and on achieving sustainable commercial rental rates at the offered entry price. The AED 2,200 per square foot price point provides a more accessible entry than the majority of Dubai off-plan commercial product.