What is the payment plan for 1WOOD Residence 2?

1WOOD Residence 2 by Object One is sold on a 30/30/10, 30% post-handover plan: 30% on booking, 30% during construction, 10% upon handover, 30% post handover (5% every 3 months), as published by the developer.

How much is the booking amount for 1WOOD Residence 2?

30% of the price. On the cheapest unit at AED 851K that is AED 255,116.

How much do I pay before I get the keys to 1WOOD Residence 2?

70% of the price, the payment due on handover day included. On the cheapest unit at AED 851K that is AED 596K by handover in Q4 2027.

Does 1WOOD Residence 2 have a post-handover payment plan?

Yes. 30% (AED 256K on the cheapest unit) is paid after handover.

What are the registration fees on 1WOOD Residence 2?

The Dubai Land Department charges 4% of the purchase price to register the sale. On the cheapest unit at AED 851K that is AED 34,015. It is paid to the Land Department, not to EZRE, and it sits outside the developer's payment plan. Administration, trustee and any developer charges are separate.

When is the handover of 1WOOD Residence 2?

Object One publishes Q4 2027, which is 13 months from now.

Object One · JVC (Jumeirah Village Circle) · handover Q4 2027

1WOOD Residence 2 payment plan, price and handover

1WOOD Residence 2 by Object One in JVC (Jumeirah Village Circle), Dubai is sold on a 30/30/10, 30% post-handover payment plan. On the cheapest unit, starting from AED 851K, that is AED 596K (70%) paid by handover in Q4 2027 and AED 256K (30%) after the keys. Handover is 13 months away.

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The 1WOOD Residence 2 payment plan in dirhams

Payment plan as published by the developer

Stage	Share
On booking	30%
During construction	30%
Upon Handover	10%
Post Handover (5% every 3 months)	30%

On the cheapest unit (Studio, 426 sqft, AED 851K)

On booking	AED 255,116
During construction	AED 255,116
Upon Handover	AED 85,039
Post Handover (5% every 3 months)	AED 255,116
Paid by handover (70%)	AED 595,271
Months to handover	13
After handover (30%)	AED 255,116

Percentages as published by Object One. Dirham figures are those percentages applied to the published starting price of AED 850,387. Registration and other fees are not included.

The 1WOOD Residence 2 instalment schedule, line by line

Object One publishes 2 payment plans for 1WOOD Residence 2. Each is shown as published, with every instalment and the charges listed alongside it.

Plan 1 of 2: Payment Plan Post Handover

Published by Object One

Stage	Instalment	Share	On AED 850,387
On booking30%	Down Payment	30%	AED 255,116
	DLD Fee	4%	AED 34,015
	Registration Fees	fixed	AED 5,050
During construction30%	1st Installment to 3rd Installment	3 × 10%	AED 85,039 each
Upon Handover	as published	10%	AED 85,039
Post Handover (5% every 3 months)30%	1st Installment to 6th Installment	6 × 5%	AED 42,519 each
Total of the plan		100%	AED 850,387

Lines marked fee (DLD Fee, Registration Fees) are charges the developer lists alongside the plan. They are paid on top of the price and are not part of the percentages above.

Plan 2 of 2: Payment Plan 60/40

Published by Object One

Stage	Instalment	Share	On AED 850,387
On Booking30%	Down Payment	30%	AED 255,116
	DLD Fee	4%	AED 34,015
	Registration fees	fixed	AED 5,050
During construction30%	1st Installment to 3rd Installment	3 × 10%	AED 85,039 each
Upon Handover	as published	40%	AED 340,155
Total of the plan		100%	AED 850,387

Lines marked fee (DLD Fee, Registration fees) are charges the developer lists alongside the plan. They are paid on top of the price and are not part of the percentages above.

Instalments and charges as published by Object One; the dirham column applies each percentage to the published starting price of AED 850,387. Fixed charges are printed as published. Registration with the Land Department is shown separately below.

What each unit size pays at 1WOOD Residence 2

The same plan, applied to the starting price Object One publishes for each size in the building.

Unit	From	On booking (30%)	During construction (30%)	Upon Handover (10%)	Post Handover (5% every 3 months) (30%)
Commercefrom 642 sq ft	AED 1,412,554	AED 423,766	AED 423,766	AED 141,255	AED 423,766
Studiofrom 426 sq ft	AED 850,387	AED 255,116	AED 255,116	AED 85,039	AED 255,116
1 bedfrom 702 sq ft	AED 1,289,515	AED 386,855	AED 386,855	AED 128,952	AED 386,855
2 bedfrom 1,318 sq ft	AED 1,941,002	AED 582,301	AED 582,301	AED 194,100	AED 582,301

Starting price per size as published by Object One; each column is that size’s published starting price multiplied by the stage percentage above.

What it costs to register 1WOOD Residence 2

The Dubai Land Department charges 4% of the purchase price to register the sale. It is paid to the Land Department, not to Object One and not to EZRE, and it sits outside the payment plan above. Administration, trustee and any developer charges are separate and are not shown here.

Unit	From	Land Department 4%
Commerce	AED 1,412,554	AED 56,502
Studio	AED 850,387	AED 34,015
1 bed	AED 1,289,515	AED 51,581
2 bed	AED 1,941,002	AED 77,640

4% applied to each published starting price. The rate is the Dubai Land Department’s published registration fee and is not a figure from the register.

Everything else on 1WOOD Residence 2

1WOOD Residence 2 payment plan: questions buyers ask

What is the payment plan for 1WOOD Residence 2?: 1WOOD Residence 2 by Object One is sold on a 30/30/10, 30% post-handover plan: 30% on booking, 30% during construction, 10% upon handover, 30% post handover (5% every 3 months), as published by the developer.
How much is the booking amount for 1WOOD Residence 2?: 30% of the price. On the cheapest unit at AED 851K that is AED 255,116.
How much do I pay before I get the keys to 1WOOD Residence 2?: 70% of the price, the payment due on handover day included. On the cheapest unit at AED 851K that is AED 596K by handover in Q4 2027.
Does 1WOOD Residence 2 have a post-handover payment plan?: Yes. 30% (AED 256K on the cheapest unit) is paid after handover. If you sell before handover, this is how it works.
What are the registration fees on 1WOOD Residence 2?: The Dubai Land Department charges 4% of the purchase price to register the sale. On the cheapest unit at AED 851K that is AED 34,015. It is paid to the Land Department, not to EZRE, and it sits outside the developer's payment plan. Administration, trustee and any developer charges are separate.
When is the handover of 1WOOD Residence 2?: Object One publishes Q4 2027, which is 13 months from now.