Palm Jumeirah AED 3,579/sqftDubai Maritime City AED 3,144/sqftDowntown Dubai AED 2,928/sqftDubai Islands AED 2,766/sqftDubai Creek Harbour AED 2,566/sqftBusiness Bay AED 2,524/sqftDubai Marina AED 2,491/sqftDubai Hills Estate AED 2,445/sqftJumeirah Lakes Towers AED 2,293/sqftMohammed Bin Rashid City AED 2,098/sqftAl Jaddaf AED 2,049/sqftJumeirah Village Triangle AED 1,662/sqftDubai South AED 1,650/sqftArjan AED 1,591/sqftJumeirah Village Circle AED 1,496/sqftDubai Sports City AED 1,326/sqftALL DLD SALES · OFF-PLAN + EXISTINGPalm Jumeirah AED 3,579/sqftDubai Maritime City AED 3,144/sqftDowntown Dubai AED 2,928/sqftDubai Islands AED 2,766/sqftDubai Creek Harbour AED 2,566/sqftBusiness Bay AED 2,524/sqftDubai Marina AED 2,491/sqftDubai Hills Estate AED 2,445/sqftJumeirah Lakes Towers AED 2,293/sqftMohammed Bin Rashid City AED 2,098/sqftAl Jaddaf AED 2,049/sqftJumeirah Village Triangle AED 1,662/sqftDubai South AED 1,650/sqftArjan AED 1,591/sqftJumeirah Village Circle AED 1,496/sqftDubai Sports City AED 1,326/sqftALL DLD SALES · OFF-PLAN + EXISTING
DLD · MEDIAN 12M TO SEP 2026
1WOOD Residence Offices — commercial office space in JVC from Mitchell's Commercial Real Estate

Object 1 · JVC

1WOOD Residence Offices

PriceFrom AED 2,200 PSF
Payment plan60/40

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Handover
Q4 2027
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1WOOD Residence 2 by Object 1

Location: Jumeirah Village Circle (JVC), Dubai

1WOOD Residence 2 is located in Jumeirah Village Circle (JVC), a centrally positioned residential district in new Dubai known for its family-friendly character, green spaces, and strong rental demand. The community offers a balance between urban accessibility and residential calm, with close proximity to schools, supermarkets, clinics, parks, and daily lifestyle infrastructure.

JVC benefits from direct connectivity via Al Khail Road and Sheikh Mohammed Bin Zayed Road, enabling efficient access to major destinations. Key nearby locations include Dubai Miracle Garden (9 mins), Mall of the Emirates (15 mins), Dubai Hills Mall (17 mins), Palm Jumeirah (22 mins), and The Walk JBR (20 mins). Schools such as Sunmarke School (2 mins), Arcadia School (5 mins), and JSS International School (12 mins) are within short driving distance, alongside hotels including FIVE Jumeirah Village Hotel (15 mins) and Aloft Me’aisem (15 mins).

Project Overview

1WOOD Residence 2 offices form the commercial component within a mixed-use residential development by Object 1, located in JVC. The project is positioned as a mid-rise building combining contemporary architecture with functional planning. The building configuration is B + G + 4P + 2(O) + 10(R) + R, with office units located on the two designated office floors.

The wider development includes a total of 191 residential units, comprising:

  • Studios: 90
  • 1 Bedroom: 40
  • 1.5 Bedroom: 50
  • 2 Bedroom: 1
  • 2.5 Bedroom: 10

Key highlights include

  • Offices located within a residential community with strong end-user population
  • Access to shared building amenities including gym, pool, and clubhouse
  • Positioned within a high-demand rental and investment district

Building Configuration

  • Basement & Ground Floor: Retail and parking
  • Podium Levels (4 Floors): Amenities and parking
  • Office Floors: 2 dedicated office levels
  • Residential Floors: 10 levels
  • Total Units: 191 Residential + Office Units + Retail Units
  • Structure: B + G + 4P + 2(O) + 10(R) + R

Office Space Overview

  • Available Unit Sizes: From 933.45 sq. ft. to 2,626.5 sq. ft.
  • Starting Price: From AED 2,200 PSF
  • Location: Dedicated office floors
  • Completion Date: Q4 2027
  • Payment Plan: 60/40

Payment Plan (Standard)

InstallmentDue DateAmount
Booking Deposit Within 14 days 20%
1st Installment December 2025 10%
2nd Installment June 2026 10%
3rd Installment December 2026 10%
4th Installment June 2027 10%
5th Installment (Completion) December 2027 40%

Other Fees: DLD Fee – 4%Registration Fee – AED 5,050

Post-Handover Payment Plan

InstallmentDue DateAmount
Booking Deposit Within 14 days 20%
1st Installment December 2025 10%
2nd Installment June 2026 10%
3rd Installment December 2026 10%
4th Installment June 2027 10%
5th Installment (Completion) December 2027 5%
6th Installment March 2028 5%
7th Installment June 2028 5%
8th Installment September 2028 5%
9th Installment December 2028 5%
10th Installment March 2029 5%
11th Installment June 2029 5%

Office Space Features

  • Located within an established residential catchment in JVC
  • Suitable for professional services, consultancies, clinics, and SMEs
  • Positioned within a building offering shared lifestyle amenities
  • Strong connectivity to main road networks
  • Access to nearby schools, hotels, and retail infrastructure

Project Amenities

  • Elegant lobby entrance
  • Swimming pool
  • Sun lounger pool deck
  • Fully equipped gym
  • Outdoor CrossFit zone
  • Clubhouse and social lounge
  • BBQ area
  • Kids' pool
  • Indoor kids' playroom
  • Outdoor kids' play area

Design & Finishes

  • Contemporary architectural approach
  • Use of natural tones and textures across common areas
  • Functional layouts across residential and office components
  • Integration of leisure amenities within podium levels

Views

  • Offices overlook internal community zones and surrounding JVC district
  • Select units benefit from open outlook across low-rise surroundings

Location

Centrally Positioned in Jumeirah Village Circle (JVC), Dubai

1WOOD Residence 2 is located in Jumeirah Village Circle (JVC)—one of Dubai’s most in-demand residential districts, known for its community-centric design, green walkways, and strong rental demand. The project benefits from direct access to Al Khail Road (E44) and Sheikh Mohammed Bin Zayed Road (E311), offering smooth connectivity to Dubai’s major commercial, leisure, and lifestyle hubs.

JVC is highly popular among families and young professionals, offering a diverse mix of housing, top-ranked schools, supermarkets, gyms, and medical clinics—all within walking distance. The community's rapid development and affordability have made it a hotspot for real estate investment, with steady appreciation and high rental occupancy.

Travel Times to Key Destinations

Malls & Retail

  • Circle Mall – 15 minutes
  • City Centre Me’aisem – 11 minutes
  • Mall of the Emirates – 15 minutes
  • Dubai Hills Mall – 17 minutes

Leisure & Attractions

  • Dubai Miracle Garden – 9 minutes
  • The Walk, JBR – 20 minutes
  • Palm Jumeirah – 22 minutes
  • Motiongate Theme Park – 25 minutes
  • Legoland Dubai – 27 minutes

Education

  • Sunmarke School – 2 minutes
  • Arcadia School – 5 minutes
  • JSS International School – 12 minutes
  • GEMS Founders School – 18 minutes

Hotels

  • FIVE Jumeirah Village Hotel – 15 minutes
  • Aloft Me’aisem – 15 minutes
  • Novotel JVT – 2 minutes
  • Mövenpick Hotel JVT – 2 minutes

Golf Clubs

  • Jumeirah Golf Estates – 15 minutes
  • Montgomerie Golf Course – 17 minutes

With ongoing growth, an active resident base, and proximity to Dubai’s key destinations, 1WOOD Residence 2 offers a highly strategic location for businesses and professionals looking to establish a long-term commercial presence in a thriving residential hub.

Location

1WOOD Residence — JVC, Dubai

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Illustrative model

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Set your own assumptions and see how 1WOOD Residence Offices behaves as a cash purchase, the same purchase mortgaged, or a capital-only resale.

Purchase

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Holding & income

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0% holds rent flat. It may be negative.

Your figure — we publish none. A month vacant plus re-letting time is roughly 8%, if that fits your building.

Your figure — we publish none. Letting fees and routine repairs.

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Acquisition costs

4% is the Dubai standard.

Buyer-side. 5% VAT added.

Your figure — we publish none. The trustee tariff is tiered and the admin lines vary by office; ask your trustee office for the total, and add your NOC and any legal quote.

Exit

1 to 40 years.

0% by default: we publish no price forecasts.

5% VAT added automatically.

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Method
Handover
The date the unit is handed over, set in quarters from purchase. Gross rent, the vacancy allowance, maintenance and management, and the service charge all start there and not before — an unbuilt unit cannot be let and is not billed. The year handover falls in gets the exact fraction it is entitled to, not a rounded whole year. Capital growth is not treated this way: it compounds from today across the whole hold, because an off-plan unit can be sold before it completes. Where the holding period ends before handover, there is no operating income anywhere in the schedule and the whole return is capital movement less costs.
Gross yield
Gross annual rent ÷ purchase price. Before every cost. Where handover is in the future this is a stabilised full year from handover — a rate on the price, not a figure reduced by the construction period. The schedule shows what each year actually books.
Net yield
(Rent collected after the vacancy allowance − maintenance and management − service charge) ÷ purchase price. Stabilised on the same basis as the gross yield.
Rent growth
Compound annual movement in gross rent, applied from handover and stepping at each anniversary of it, which is when a tenancy renews. It may be negative. It does not touch the service charge, which is held flat in nominal terms.
ROI
Total profit over the whole hold ÷ total cash invested (price + all acquisition costs). Unlevered. Not an annual rate.
ROE
Total profit over the whole hold ÷ equity contributed (deposit + all acquisition and finance costs), after debt service. Levered. Not an annual rate.
Cash-on-cash return
Year-one operating cash flow, after debt service where there is a mortgage, ÷ cash invested. Reported separately from ROI/ROE and never merged with it. Year one means the first year of the schedule as it stands: where that year falls before handover it carries no rent, so on a mortgaged off-plan purchase the figure is negative — that is the year you fund out of pocket, and it is shown rather than smoothed away.
IRR
The annualised rate that discounts the dated cash-flow schedule above to a net present value of zero, solved numerically. Where the schedule has no sign change, or the solver does not converge on a single meaningful rate, we print “—” rather than substitute a simpler annualised-return figure.

An illustrative model, not a forecast, a valuation, an offer or investment advice. Every figure is generated from the assumptions on this page — some yours, the rest stated defaults, not promises. Rents, service charges, fees, vacancy, handover dates, financing terms and sale prices vary by unit and over time; past prices are not a guide to future prices. Returns are not guaranteed and capital is at risk.

Mortgage availability, loan-to-value, rate and term are subject to lender criteria and underwriting; nothing here indicates that finance will be offered. Figures exclude any tax payable in your country of residence — take independent financial, tax and legal advice before committing. Mitchell's Commercial Real Estate is a trading brand; the RERA-licensed broker is Stephen James Mitchell, BRN 68593.

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