1WOOD Residence Payment Plan

The payment plan for 1WOOD Residence is structured to spread the purchase cost across the development timeline. Buyers pay 10% as a down payment, followed by 60% during construction and 30% on handover. This 10/60/30 approach can suit purchasers who prefer to manage staged payments before taking possession. 1WOOD Residence is still under construction, having passed its original Q3 2025 handover target, so the closing 30% falls due when the building is delivered. Apartments span 374 sq ft studios from AED 640,264 through to 2,334 sq ft two-bedroom layouts from AED 1,516,511, all delivered furnished, with a anticipated service charge of 15 AED per sq ft across a G + 4P + 12 floors building. For buyers comparing against other Jumeirah Village Circle stock, the appeal is a building already well advanced in construction rather than one at launch stage. Object 1 is the developer, so terms are official and carry no agency commission.