1wood Residence 2

1. Is it on schedule?0% built in November 2026 against a October 2027 handover: 100% left to build in 11 months · DLD project register, Nov 20260%Context
2. Is my money protected?Payments go to an escrow account at مصرف ابوظبى الاسلامى, as registered with the Land DepartmentEscrowContext
3. Is the price fair?AED 1,779/sqft, 12.6% above the Jumeirah Village Circle off-plan median across 153 projects+12.6%Context
4. Is it selling?20 off-plan sales registered in the last 12 months, of 191 units; the latest on 27 Oct 202620Context
5. Who is building it?Object One, licence no. 1579; 4 of its 24 dated pending projects are past their registered dates17%Context

Sizes run from the 10th to the 90th percentile of registered floor area, so one mislabelled unit cannot set the range. A title is issued at handover: a pending project shows few or none however many units have sold, and an untitled unit is not necessarily for sale.

Escrow agent

مصرف ابوظبى الاسلامى

Developer, as licensed

OBJECT ONE REAL ESTATE DEVELOPMENT L.L.C (no. 1579)

Master developer

Nakheel

Registered start

March 2026

Configuration

UG+G+5P+2(O)+11(R)+R

Construction progress is the percentage DLD recorded in its project register as of November 2026, the latest DLD record for this project; the register lags DLD’s inspections by months, so it is dated separately. The developer is the company licensed to build it, by the register’s own licence number; the master developer owns the land under it and is often another company entirely. Off-plan price is the median of registered off-plan sales across this project’s published buildings, 12 months to 2 Nov 2026.

When is 1wood Residence 2 handed over?

The developer registered handover for October 2027, 11 months after DLD’s latest record, and the project was 0% built as of November 2026. A registered date is the developer’s own, not a delivery forecast. Dubai Land Department project register as of November 2026.

How far along is construction of 1wood Residence 2?

1wood Residence 2 was 0% built as of November 2026, the Land Department’s recorded progress, not a developer claim. Dubai Land Department project register as of November 2026.

Who is the developer of 1wood Residence 2?

OBJECT ONE REAL ESTATE DEVELOPMENT L.L.C, licence no. 1579, by the register’s own licence number; the master developer that owns the land is Nakheel. Dubai Land Department project register as of November 2026.

What does 1wood Residence 2 cost per square foot?

AED 1,779 per sqft, the median of 20 registered off-plan sales in the 12 months to 2 Nov 2026; the median unit sold for AED 775,585. That is 12.6% above the Jumeirah Village Circle off-plan median across 153 projects.

Is 1wood Residence 2 in escrow?

Yes: the Land Department register names مصرف ابوظبى الاسلامى as the project’s escrow agent, the bank that holds buyers’ payments for the developer. Dubai Land Department project register as of November 2026.

How many units does 1wood Residence 2 have?

191 registered units, of which 0 have a title issued. A title is issued at handover, so a live project shows few or none however many units have sold. Dubai Land Department project register as of November 2026.