1WOOD Residence 2 Payment Plan and Terms

Full project overview1WOOD Residence 2 at JVC (Jumeirah Village Circle)

1WOOD Residence 2 uses a 20/40/40 payment plan: 20% on booking, 40% across the construction period in four instalments and 40% on handover in Q4 2027. The weighting is worth noting, because a large share of the value falls due at completion rather than during the build. That suits buyers who expect financing or a sale to complete around handover, and it keeps the construction-phase outlay lower than plans that front-load payments. A second, post-handover option keeps the same 20% and 40% but takes only 10% at handover, with the remaining 30% paid in six instalments after key collection. Entry starts at AED 788,117 for a studio, with one-bedroom layouts running from 588 to 1,158 sq ft, two-bedroom layouts of 829 to 860 sq ft, a 2.5-bedroom of 1,307 sq ft and a 2,018 sq ft two-bedroom at the top of the range. The anticipated service charge is 15 AED per sq ft, and apartments are handed over furnished.

Payment Plan

  • 20%

    Down Payment

    On Booking Date
  • 40%

    During Construction

    1st to 4th Installment
  • 40%

    On Handover

    100% Completion

Frequently asked questions

What is the payment plan for 1WOOD Residence 2?+

The standard plan is 20/40/40: 20% down payment on booking, 40% during construction in four instalments and 40% on handover, which is scheduled for Q4 2027.

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

Yes. A second option takes 20% on booking, 40% during construction and 10% at handover, with the remaining 30% paid in six instalments after completion.

What is the lowest price at 1WOOD Residence 2?+

Prices start at AED 788,117 for a studio apartment. One-bedroom units start from around AED 1.17M.

  • 01

    Consultation

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  • 02

    Property Selection

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  • 03

    Secure Your Investment

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  • 04

    Progress Updates

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  • 05

    Final Handover

    We manage the final inspection and handover, ensuring everything is flawless.
  • 06

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JVC (Jumeirah Village Circle), 1WOOD Residence 2

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