I vote shelves- but another idea is to do black and white photo array. This would be fun and contemporary and adding a conversation piece to the room. Use photos you have or you can find some great ones at Homegoods or Aaron brothers.

yvonne, yes i guess we can use it in the dining. The dinining room is small and doesnt have any windows. the kitchen has a lot of natural light that will come across to the dining due to the open kitchen plan. We will be buying new furniture for the dining. We could buy a glass top table with wood chairs / wood table with wood chairs. The room will be painted offwhite similar color as the base of this fabric. All walls will be painted the same color by the builder, Afer taking possession of the house we can repaint it where needed for accent wall etc. Its an appartment, we live in India.

If you can't clean up the painted edge, you could always add a 1x3 piece of wood as molding. You can even carry it up to the ceiling to frame that wallpaper. I don't see that paint color in the wallpaper, or maybe it's a lighter version of the flower centers. Maybe stencil on a design using the darker color, or another color from the wallpaper to help tie it together. Then narrow floating shelves or vertical frames or something in the painted areas it you feel you need it. Maybe turn the bed around so the wallpaper is the headboard.

Perhaps a large round table might mean a rug is not at all necessary. It could be a metal tray table, or carved wood like Rebecca Mitchell Interiors illustrates. Ideas also to consider, using multiple tables can be found at http://www.houzz.com/multiple-coffee-tables. I also agree with comments above that some color is needed on the walls. You could then hang round mirrors, or an unusual curved shape like RMI shows above.