Roma Residences Jumeirah Village Circle Dubai

Roma Residences is a boutique building of 80 apartments over six floors (basement, ground and five) in District 11 of Jumeirah Village Circle (JVC), Dubai, by JRP Real Estate Development. The source listing shows it from AED 800 K, about Rs 2.06 crore at Rs 25.75 per dirham, for studio apartments; 1 and 2 bedroom units are also in the building. It was launched in March 2024 through the brokerage Evolutions with a handover date of Q1 2026.

That handover date has passed. As of September 2026 no source we checked reports the building as delivered, and none reports a revised date either. Everything else about Roma is consistent across sources: 80 units, a location one minute's walk from Circle Mall, and a 50/50 plan that leaves half the price to handover. Treat the delivery status as the first question for the developer.

At a glance

Price and unit pricing

Two starting prices exist: AED 860,000 at launch and the source listing's AED 800,000 now. A lower price two years after launch is unusual in Dubai, where developer prices normally rise with construction progress; it may reflect a smaller unit released later, a remaining-stock discount, or a resale from an early buyer. Ask which. Unit-level prices for the 1 and 2 bedrooms were not published in any source we could see.

Against the JVC median of AED 1,347 per sq ft (July 2026, DLD data via RE/MAX Hub), the studio is 7 to 15 per cent above the community median. Two things justify part of that: the studio is large at 556 sq ft, when most JVC studios are 380 to 420 sq ft, and the building is 80 units on a low-rise plot beside Circle Mall rather than a 400-unit tower. Whether it justifies all of it depends on the finish, which you can now inspect if the building is complete.

Payment plan and total cost

The plan is 50/50: 10 per cent on reservation, 10 per cent on signing the SPA, six quarterly instalments of 5 per cent during construction, and 50 per cent on handover. Half the price against a finished building is a buyer-friendly structure. Worked on the listed price:

If the building is already complete, the construction instalments collapse into a single payment and the plan becomes a ready purchase; ask whether the developer still honours the 50 per cent at handover for late buyers. Service charges in JVC run AED 13 to 22 per sq ft a year, and a low-rise with a pool and gym but no large podium deck should be at the lower half, so budget AED 7,500 to 10,000 a year on a 556 sq ft studio. Final plan and fees as per the SPA.

Location and connectivity

The building's selling point is its plot: District 11 is on the central ring of JVC and Roma is described as a one-minute walk from Circle Mall, the community's main supermarket, cinema and clinic hub. Few JVC buildings are that close. From JVC, Dubai Marina and JBR are about 15 to 20 minutes' drive, Mall of the Emirates about 15 minutes, Downtown and Business Bay 20 to 25 minutes and Dubai International Airport 25 to 30 minutes in normal traffic. There is no metro in JVC.

The central ring is the most built-out part of the community, which means less construction noise than the outer districts but also more traffic around the mall at weekends. JSS International School and several nurseries are within a short drive.

Amenities and specifications

Quoted: swimming pools, a gym, a children's play area, a barbecue area and jogging and walking trails. That is a modest list, appropriate for an 80-unit low-rise, and it should keep the service charge down. Fit-out, appliances and parking are not detailed in the sources we saw; assume one bay per apartment and confirm in writing. Final specification as per the SPA.

About the developer

JRP Real Estate Development is described by portals as active since 2002, and broker profiles list completed projects called The Horizon Towers, PalmView Residences and Grand Vista, the last reportedly finished three months early. We could not match those names to DLD records or to news coverage in the sources we checked, and Roma is the only JRP project with a Property Finder or Bayut project page. Treat the developer as unverified until you have seen a completed JRP building or its DLD developer registration on the Dubai REST app.

The launch was handled by Evolutions, a brokerage that also launched Exotica in JVC for another developer. That is a sales arrangement, not a guarantee; the escrow account and the DLD progress record are your protection.

For overseas buyers

Any nationality. Dubai's designated freehold areas are open to buyers of every nationality, resident or not: no local partner, no residence visa needed in order to buy, and the Land Department issues the title deed in your own name. On the AED 800,000 entry price the 4% Dubai Land Department transfer fee is about AED 32,000 (USD 8,700), and registration, trustee and agency charges take the all-in cost to roughly 6% to 7% over the price. UAE banks lend non-residents about 50% to 60% of the price, which is why the developer payment plan above carries most overseas purchases. The paragraphs below work the numbers for an Indian buyer, the largest single group buying in Dubai, but the ownership, visa and yield rules are the same whatever passport you hold.

Ownership. JVC is freehold; a foreign buyer holds the title deed outright.

Remittance. The full cost of about AED 832,000 fits inside one person's USD 250,000 per financial year LRS limit (about AED 918,000), with room to spare. Spread across the plan, it is comfortable. TCS applies above the annual threshold and is claimable in your Indian return.

Golden Visa. Not from a studio. The threshold is AED 2 million of property; a 2 bedroom here is unlikely to reach it on its own, so the visa needs two units in one name.

Yield and tax. No property or rental income tax in Dubai. JVC studios are quoted at 8 to 10 per cent gross in 2026, but that is on 400 sq ft studios costing AED 550,000 to 650,000; a 556 sq ft studio at AED 800,000 will rent for a little more, not 30 per cent more, so plan on 6 to 7 per cent gross and 5 per cent net. Rent is taxable in India as income from house property after the 30 per cent standard deduction; the India-UAE treaty prevents double taxation.

Exit. Large studios near Circle Mall are easier to let and to sell than standard ones, and 80 units means few competing sellers inside the building. The developer's thin public record is the exit risk: a building from an unknown name resells on its location and finish, not its brand.

Pros

• 80 units in a low-rise, one minute from Circle Mall
• 50 per cent of the price due at handover
• Large 556 sq ft studios, uncommon in JVC
• The whole purchase fits one person's annual LRS limit
• Handover was due Q1 2026, so if it is delivered you are buying a finished unit

Cons

• Q1 2026 handover has passed with no confirmation of delivery in any source
• Developer's delivered projects could not be verified in the sources checked
• Studio rate about 7 to 15 per cent above the JVC median
• No DLD project number or escrow bank found in any source
• 1 and 2 BHK prices not published

Who this is for

• Buyers who want a large studio or 1 BHK beside Circle Mall, once delivery is confirmed
• Indian buyers with a Rs 2 to 2.5 crore budget who want to complete within one LRS year
• Investors who prefer a small building over a 400-unit tower

Who should look elsewhere

• Anyone who needs the Golden Visa from a single unit
• Buyers who will not purchase from a developer without a walkable completed building
• Anyone who cannot get the delivery status in writing first

Our verdict

Roma is a good plot and a good plan attached to a developer we cannot verify and a handover date that has quietly passed. If JRP can show a completion certificate or a DLD progress reading near 100 per cent, the studio is a fair buy for a landlord who values the mall location. If it cannot, wait. Compare it with two other JVC buildings in this batch, Sky Living and VUE by Crystal Bay, on our Dubai section, or browse all projects.

Run this project's numbers yourself. The calculator opens on the price and unit size above; change the currency, the rent or the mortgage and it recalculates the fees, the cash you need on day one and the net rent.

FAQs

What is the price of Roma Residences?

The source listing shows it from AED 800 K, about Rs 2.06 crore, for a studio of about 556 sq ft. The March 2024 launch price was AED 860,000. 1 and 2 bedroom prices are not published.

What is the payment plan?

50/50: 10 per cent on reservation, 10 per cent on SPA, six quarterly instalments of 5 per cent, and 50 per cent on handover. Add the 4 per cent DLD fee. Final as per the SPA.

When is handover?

Q1 2026 was the date on record at launch. No source confirms delivery as of September 2026; ask the developer for the completion certificate or the current DLD progress reading.

Is Roma Residences registered with RERA?

It is sold off-plan in Dubai and must be DLD-registered with an escrow account. No source we checked prints the project number; verify on the Dubai REST app.

Does it qualify for the Golden Visa?

Not from one studio. The threshold is AED 2 million of property.

What are the service charges?

Not yet published. A low-rise in JVC should sit in the lower half of the AED 13 to 22 per sq ft band, about AED 7,500 to 10,000 a year on a 556 sq ft studio.

What rental yield can I expect?

Plan on 6 to 7 per cent gross and about 5 per cent net for a large studio at this price; JVC's 8 to 10 per cent studio figures apply to smaller, cheaper units.

Can a foreign national buy, and how is the money sent?

Yes, JVC is freehold, and the total cost of about AED 832,000 fits inside one person's USD 250,000 annual LRS (the Reserve Bank of India's Liberalised Remittance Scheme) limit. Buyers of any other nationality can own on the same terms: Dubai's designated freehold areas are open to all nationalities, there is no residency requirement and no local partner, and the Land Department issues the title deed in your own name.

What has JRP Development delivered?

Broker profiles name The Horizon Towers, PalmView Residences and Grand Vista, but we could not verify them in DLD records or news coverage. Ask for the developer's DLD registration and a completed building to visit.

Talk to Realty Hunting for the delivery status, the DLD record and a viewing plan for Roma Residences.