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1 Wood Residence

A studio in 1 Wood Residence costs a median AED 622,433.

Studio · typical price

622,433AED

AED 1,390/sqft · -3.4% on a year

vs Jumeirah Village Circle
12% below the median
Cost to buy, all inAED 664,601
Price
AED 622,433
DLD fee 4%
AED 24,897
Agent 2% + VAT
AED 13,071
Trustee
AED 4,200

Against this building’s registered sales of the same type.

Ask about 1 Wood Residence →

Is 1 Wood Residence a good investment?Easy to sell; prices are slipping and lots of new supply is coming; no record of the yield and the rent trend

  1. Does it pay a good rent?No Ejari lease registered here in 12 months, so any yield quoted is an estimateNo record
  2. Is it easy to let?None of the 219 units signed an annual lease in 12 months: owner-occupied, holiday homes or a hotel pool0%
  3. Are rents going up?No lease registered in 12 months, so no rent trend to readNo record
  4. Are prices going up?Studio: AED 1,439/sqft a year ago, 1,390 now-3.4%Watch
  5. How fast do fees pay back?AED 42,168 in fees to buy a studio: DLD 4%, agent 2% plus VAT, trusteeAED 42,168
  6. Can I sell easily?34 sales in 12 months, 16% of the tower (60 the year before)34Strength
  7. Is a lot being built nearby?15,281 apartments are planned in Jumeirah Village Circle from 2026 to 2028, equal to 54% of the 28,561 homes let there today. A further 7,717 are past their planned date. Jumeirah Village Circle supply by year →54%Watch
  8. Did earlier buyers gain?Launch buyers still 1% down, before fees-1.3%Context

Readings use published thresholds · studio figures, the most traded type · Data to 12 Oct 2026

Check an asking price →How each reading works →

1 Wood Residence prices and rents by unit typeA studio costs about AED 622,433

TypeMedian priceGross yieldNew rent12-month changeSales
Studio150 units · 438 sqftAED 622,4331,390/sqftnot yet letnot yet let-3.4%25
1 bed56 units · 780 sqftAED 938,7191,204/sqftnot yet letnot yet let-2.4%7
2 bed13 units · 1,280 sqftAED 3.32M1,439/sqftnot yet letnot yet letunder 5 sales in a year2
Appreciation, rental income and short-term detail, by unit type

Appreciation

Studio · price per sqft · Jumeirah Village Circle · area median AED 1,575/sqft

vs area median
-11.7%
Rank by price per sqft
147th of 214

Read with care

  • No rental contracts are registered here yet, so there is no yield and the prices are launch pricing — a pre-handover building. Price growth from launch is not comparable with a let building's.

Price history and sales

As filed with the Land Department — data to 2026-10-12.

Median price paid, Studio, as a rolling 3-month median. The band along the bottom is the number of records each month.

Chart data, Studio: Feb 2024, AED 634,852; latest, Oct 2026, AED 679,766; peak, Feb 2025, AED 737,893.

Did earlier buyers gain?

Median paid per sqft, all types, against today’s 1,390 · before fees

Launch, 2024–26
1,409
−1%
Previous 12 months
1,374
+1%
Last 12 months
1,390
today

The change is what a buyer at each median would be up or down at today’s median. A shift in the unit mix can move a median without any unit changing price.

No resales match the last 12 months. Try another transaction type, bedroom type or period.

Comparables in Jumeirah Village Circle

Every Jumeirah Village Circle building with a page, ranked by price per sqft over the same 12 months, all unit types. 1 Wood Residence places 163rd of 352; the nearest 8 are shown.

RankBuildingMedian priceAED/sqftGross yield12-month changeSales
159Greygate Residences by Ade0% · Q1 2028 · off-plan 1,485/sqftAED 1.06M1,401+0.8%—-5.7%19
160Belgravia Heights ICompleted 2022 · off-plan 951/sqftAED 1.08M1,400+0.7%7.4%-4.4%12
161Mayas GenevaCompleted 2024 · off-plan 1,056/sqftAED 1.29M1,398+0.6%6.2%+10.7%7
162Oxford Residence 2Completed 2020 · off-plan 970/sqftAED 817,0001,397+0.5%7.3%-10.2%12
1631 Wood Residence · this building56% · off-plan 1,397/sqftAED 638,5251,390—+1.2%34
164Belgravia 2Completed 2019 · off-plan 956/sqftAED 1.24M1,387-0.3%6.7%+0.1%17
165Samha Residence 252% · Q4 2026 · off-plan 1,386/sqftAED 1.00M1,386-0.3%——23
166Cello Residences - Tower B9% · off-plan 1,375/sqftAED 1.08M1,385-0.4%—-0.5%8
167311 Boulevard by Bam Eskan0% · Q4 2027 · off-plan 1,390/sqftAED 1.17M1,384-0.4%—-1.8%193

Rank 1 is the dearest per square foot. Differences are against 1 Wood Residence (AED 1,390/sqft); yields need a publishable price and are blank where the recorded prices are share transfers.

At studio, 1 Wood Residence has registered sale prices 12% below the Jumeirah Village Circle median price per square foot of 1,575 AED, across 214 eligible buildings. It ranks 147th of 214 by price per square foot in Jumeirah Village Circle.

Market context in Jumeirah Village Circle

Registered sales activity

4,341 ready apartment sales in the 12 months to 2026-10-12.

+4.3% in median AED/sqft versus the preceding year, supported by 4,341 current and 5,371 prior price observations.

Explore sales activity

Planned apartment projects

7,847 known registered units across 37 pending projects planned within one year of the 2026-07-06 register.

29 projects had already passed their planned date; 16 have unknown timing.

Explore planned supply

Supply against leasing, and same-building moves

15,281 apartments are planned in Jumeirah Village Circle from 2026 to 2028, equal to 54% of the 28,561 homes let there today.

Ready prices per sqft fell in 50% of 195 buildings (counted once per bedroom type) in Jumeirah Village Circle with sales in both years; the typical one moved −0.2%.

The pooled median moved +4.3%: 4.5 points more than the typical building, because different buildings traded in each year.

New-lease rents fell in 66% of 226 buildings (counted once per bedroom type) with leases in both years; the typical one moved −3.5%.

How these are counted
Find service-charge budget evidence for 1 Wood Residence

Direct locality, all apartment bedroom types. Area context is not building performance. Planned dates are relative to the register date, not a delivery forecast; project unit counts can include mixed uses. Sales activity is not time on market or occupancy.

About 1 Wood Residence

1 Wood Residence is an under-construction (56% built) apartment building by Object One in Jumeirah Village Circle. 225 sales are registered with the Dubai Land Department.

Pinned by Google from the registered name; verify the plot before relying on it.Open in Google Maps

The building, as registered

Floors
19
Lifts
4
Parking bays
260
Pools
1
Master developer
Object One

Nearest, as registered

Metro
Nakheel Metro Station
Mall
Marina Mall
Landmark
Sports City Swimming Academy

1 Wood Residence: AED 1,390 per sq ft, 2% above the median Jumeirah Village Circle building

The building's own figures against its area's registered market, last twelve months.

Price per sq ft

Median registered sale price, AED per sq ft, last 12 months

  1. 1 Wood ResidenceAED 1,390
  2. Jumeirah Village Circle, readyAED 1,300
  3. Jumeirah Village Circle, off-planAED 1,575
  4. Dubai, readyAED 1,421
Dark: this building. Grey: the area's ready and off-plan medians, and Dubai's ready median. Source: DLD registered sales.

Upcoming supply in Jumeirah Village Circle, by handover quarter

More from Object One

Nearby in Jumeirah Village Circle

Prices per sq ft around 1 Wood Residence, on the map
Pills show median sale price, AED. 304 buildings pinned from Google place records and Apple geocoding · 1 Wood Residence is the inverted pinOpen in Apple Maps

Before you decide

The facts that can change the return, each with the date it rests on.

Rent or buy

What owning a studio here costs against renting it, at stated assumptions you can change.

Monthly cost of owning against renting, with your own deposit and rate

Prefilled from 1 Wood Residence’s median sale price and annual rent, with the fees and growth rates listed in the breakdown as of . Change any figure.

Residency
More assumptions

The site does not hold this building’s service charge; type yours to include it. Residency sets the default down payment: typical bank floor, not a rule.

Monthly mortgage
—
4.5% over 25 years
Monthly rent
—
Cash needed at purchase
—

Enter a price, a rent, a rate, a term and a horizon to model the comparison.

Ask about 1 Wood Residence

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Common questions

What is the rental yield in 1 Wood Residence?
No gross yield is published for 1 Wood Residence as of 2026-10-12: no rental contract is registered for it yet. In the last 12 months it had 25 registered sales and 0 new Ejari contracts; a published yield needs at least 5 new contracts and 3 sales. The Jumeirah Village Circle median is 8.0% gross.
How much does a studio in 1 Wood Residence cost?
The median registered sale price is AED 622,433 (1,390 AED/sqft), from 25 Dubai Land Department sales in the last 12 months. This is a price paid, not an asking price.
Have prices in 1 Wood Residence risen or fallen?
Median price per square foot moved -3.4% over the last 12 months against the 12 before it, on 25 sales with a price per square foot. On a sample this size, read the direction rather than the exact figure.
How many apartments change hands in 1 Wood Residence?
25 sales were registered with the Dubai Land Department in the last 12 months. Every median on this page rests on those counts.
Which metro station is closest to 1 Wood Residence?
Nakheel Metro Station, per the Dubai Land Department's own nearest-landmark fields. The nearest mall is Marina Mall.

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1 Wood Residence sale record

Record type
Building-level property market record
Data date
· refreshed
Evidence base
25 registered sales in the last 12 months for the default unit type
Sources
Dubai Land Department sale transactions and Ejari rental contracts
Canonical record
/sale/apartments/dubai/jumeirah-village-circle/1-wood-residence
Method
Definitions and calculations

Cite as: Dubai Wealth Index. “1 Wood Residence sale prices and yield.” Jumeirah Village Circle, Dubai. Data to 2026-10-12. https://dubaiwealthindex.com/sale/apartments/dubai/jumeirah-village-circle/1-wood-residence

Stable dataJSON