Roxana Residences
About Roxana Residences
Roxana Residences is in District 12, Jumeirah Village Circle, developed by Al Mada Marble / Rose Homes Investment.
Completed in 2019. Four low-rise, five-floor freehold residential blocks comprising approximately 255 studios and 1, 2 and 3-bedroom apartments. Overall condition appears acceptable, but the viewed furnished studio was poorly presented, dated and had no electricity during the viewing.
Amenities
- Low-rise development
- swimming pool
- equipped gym
- spa facilities
- landscaped central courtyard
- covered parking
- 24-hour concierge
- fitted kitchens
- balconies
- chiller-free units available
- straightforward access to Sheikh Mohammed Bin Zayed Road.
Unit Types & Rental Benchmarks
| Type | Size | Asking | Market / Achieved | AED / sqft |
|---|---|---|---|---|
| Studio - Annual Rent (Asking) | 427 sq ft | AED 49,500 | AED 41,500 | AED 115.9/sqft/year |
| Studio - Sale Price (Asking) | 427 sq ft | AED 569,500 | To be confirmed | AED 1,333.7/sqft |
| 1 Bed - Sale Price (Asking) | 866 sq ft | AED 900,000 | To be confirmed | AED 1,039.3/sqft |
Rental & Sale Market Notes
Rent trend: Standard studio rents are advertised from approximately AED 38,000-50,000, while unusually furnished, loft or bills-included listings reach AED 53,000-66,000. Reliable achieved rent is estimated closer to AED 40,000-43,000 than the approximately AED 49,500 portal average. Studio sale asks are approximately AED 520,000-600,000, averaging AED 569,500, against an estimated AED 500,000-560,000 achieved range requiring DLD verification. Standard studios are about 418-436 sqft, with terrace and loft layouts around 600-665 sqft; sale rates are estimated around AED 1,200-1,350/sqft. One-bed sale asks are approximately AED 800,000-1M versus an estimated AED 800,000-900,000 achieved range, also requiring verification. Gross studio yield is approximately 7.3-8.7% at realistic rent and purchase prices; at AED 42,000 rent the yield is about 7.6% on AED 550,000 or 8.1% on AED 520,000. After the indicative AED 10.35/sqft base service charge, estimated yield falls to approximately 6.8-7.2% before maintenance, vacancy and management. A purchase below AED 490,000 would be more compelling.
Current asking sits approximately 19.3% above the market/achieved comparable, based on our research.
Figures above combine advertised asking prices with our own estimates and viewing-based assessments where stated. They are not verified transaction data.Things To Know
Standard studios feel substantially smaller than the registered area because oversized balconies consume a large percentage of the total space. Clean hallways, but the building felt rundown and had a noticeable smell. The viewed furnished studio had poor-quality furniture and no electricity, limiting assessment of lighting, appliances and air-conditioning.
Who It Suits
Good Fit
Budget-conscious tenants who value low-rise living, flexible cheques, road access and chiller-free options, or disciplined investors able to buy materially below asking price.
Better To Avoid If
Anyone prioritising spacious standard studios, modern presentation, premium condition, strong value at current asking prices or a fully verifiable viewing experience.
Find Roxana Residences
Roxana Residences, District 12, Jumeirah Village Circle, Dubai, UAE
