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Starting From
Price on Request
Stack and view premiums vary by unit
Located in the bustling district of Al Muraqqabat in Deira, Dubai, R408 Building is a modern residential development that offers comfort and convenience.
Developer
Private Owner
Property type
Apartment
Unit mix
1 & 2 bedroom
Handover
Q
Ownership
Freehold
Launched
Q1 2000
Contact developer for payment schedule
Availability check
Get current release, stack, floor, and view pricing from our advisors.
Request latest price list
Location Advantage
Starting Price
Developer Reputation
Completion Timeline
Rental Yield Potential
Pricing
Price on Request
Current unit pricing depends on stack, view, floor, and release phase.
Area PSF benchmark
AED 892
Deira 12-month registered-sales median price per square foot.
Avg AED 877 / sqft
Market liquidity
6 sales
AED 7.9M traded in Deira over the last 12 months.
2 sales in 6 months
Rental yield
8% est.
Estimated gross rental yield based on current market data.
Active module
Transactions
Deira recorded 6 DLD-registered sales worth AED 7.9M over the last 12 months, with a median price of AED 892 per square foot.
Area PSF benchmark
AED 892
Market liquidity
6 sales
| Period | Sales | Avg PSF | Volume | Avg size |
|---|---|---|---|---|
| Jan 2026 | 1 | AED 980 | AED 905,000 | 923 Sq Ft |
| Dec 2025 | 1 | AED 711 | AED 1.5M | 2,110 Sq Ft |
| Oct 2025 | 2 | AED 949 | AED 2.8M | 1,480 Sq Ft |
| Sep 2025 | 2 | AED 835 | AED 2.7M | 1,621 Sq Ft |
| Apr 2025 | 1 | AED 996 | AED 1.8M | 1,812 Sq Ft |
| Mar 2025 | 1 | AED 662 | AED 1.2M | 1,737 Sq Ft |
| Feb 2025 | 2 | AED 1,000 | AED 3.5M | 1,724 Sq Ft |
| Dec 2024 | 1 | AED 721 | AED 1.2M | 1,720 Sq Ft |
| Aug 2024 | 1 | AED 789 | AED 1.1M | 1,425 Sq Ft |
| Jul 2024 | 1 | AED 777 | AED 1.4M | 1,737 Sq Ft |
| Jun 2024 | 2 | AED 853 | AED 3M | 1,774 Sq Ft |
DLD sample size is limited for this area, so trend charts are withheld until more transactions are available.
Listings
Unit-level pricing and availability are confirmed against the current developer release before you commit.
| Unit type | Size | Price | Area PSF (12m) | Buyer note |
|---|---|---|---|---|
| Studio | - | Price on Request | - | Confirm current stack, view, and floor premium |
| 1 Bedroom | - | Price on Request | - | Confirm current stack, view, and floor premium |
| 2 Bedrooms | - | Price on Request | - | Confirm current stack, view, and floor premium |
Location
Discover the exceptional location of R408 Building in Deira, offering unparalleled access to Dubai's finest destinations.
Get DirectionsNearby Landmarks & Views
The R408 Building stands as a pillar of practical, reliable, and deeply central living within the bustling, historic district of Deira. Owned and managed by a private entity, this fully completed mid-rise residential building is a testament to the enduring appeal of "Old Dubai." Deliberately steering clear of the flashy, ultra-luxury, high-maintenance concepts found in newer coastal developments, the R408 Building focuses on what truly matters to its core demographic: generously proportioned living spaces, incredibly reliable building infrastructure, and an unbeatably central location.
As a mature, fully operational asset, the R408 Building eliminates all the typical uncertainties associated with Dubai's fast-paced off-plan market. Prospective tenants can physically inspect the robust build quality, the quiet efficiency of the building management, and the exact dimensions of the apartments before making a commitment. This level of transparency makes it an incredibly safe and attractive proposition. For professionals seeking a short commute to the city's primary trading hubs, or families looking for an affordable, spacious home surrounded by established schools and cultural landmarks, the R408 Building delivers unparalleled, grounded value in the heart of Deira.
The R408 Building is owned and operated under a private portfolio. This private ownership structure brings a unique and highly beneficial set of advantages to its residents. Buildings managed directly by a dedicated local owner often benefit from a more personalized, pragmatic approach to property management compared to those overseen by massive, impersonal strata management companies.
This private management model ensures that maintenance requests are handled swiftly and that the fundamental infrastructure of the building—from the central air conditioning to the elevator banks—is kept in excellent working order to protect the owner's long-term investment. This direct oversight results in a building that ages exceptionally well, maintaining its structural integrity and aesthetic appeal. For tenants, this translates to a hassle-free operational experience, ensuring that their daily lives are not interrupted by building-related issues, making it a highly reliable and comfortable base of operations in the bustling city center.
Deira is the historic commercial soul of the emirate, a district that beautifully juxtaposes Dubai's rich trading heritage with its modern ambitions. It is an intensely urban, vibrant environment that serves as the gateway for much of the city's import, export, and logistics sectors.
The R408 Building occupies a highly strategic plot within this dynamic district. The location is an absolute masterstroke of urban positioning for those integrated into the local economy. It sits immediately adjacent to Dubai's massive, established traditional markets—most notably the Gold Souk, the Spice Souk, and the bustling dhow wharves along the Dubai Creek. The immediate environment is highly walkable and entirely self-sufficient, boasting immediate proximity to major supermarkets, boutique pharmacies, everyday service retail, and an incredibly diverse array of authentic, international dining options. Living here means being at the absolute center of Dubai's authentic commercial universe.
For an urban residence, connectivity is the absolute most critical factor, dictating both lifestyle convenience and property value. The R408 Building excels spectacularly in this regard, ensuring that the daily commute is smooth and highly efficient.
The architectural design of the R408 Building is driven entirely by functionality and maximizing usable interior space. The mid-rise structure features a clean, unobtrusive facade dominated by large windows designed to provide excellent views of the surrounding cityscape and maximize the influx of natural light.
Internally, the developer has focused on creating highly efficient, move-in-ready living spaces that cater perfectly to the area's core demographic. The development offers a highly practical unit mix, typically comprising:
The apartments are finished to a solid, highly durable standard, featuring premium ceramic flooring, robust cabinetry, and heavy-duty sanitary ware designed to withstand the rigors of frequent use while maintaining a clean aesthetic.
While the R408 Building does not burden its residents with the extravagant, highly expensive-to-maintain resort-style amenities of newer luxury developments, it provides a highly focused, practical suite of facilities designed to ensure comfort, security, and health.
The R408 Building represents a highly stable, low-risk asset within the Dubai residential real estate market. Properties in established, central districts like Deira are traditionally characterized by exceptionally high occupancy rates and very low tenant turnover due to the massive concentration of the city's core workforce.
The demand for spacious, reasonably priced apartments near major employment hubs and the airport remains consistently high, regardless of broader market fluctuations. The R408 Building caters perfectly to this demographic. Because the rental rates are highly competitive compared to the newer, ultra-luxury towers in "New Dubai," landlords benefit from a massive pool of prospective tenants. Residents tend to sign longer leases, ensuring highly stable, predictable cash flow for the building owner. Supported by its excellent connectivity and the undeniable functionality of the building, the R408 Building stands as a highly secure, consistent-yield asset.
The R408 Building is a masterclass in practical, high-quality urban housing. By focusing on highly efficient floor plans, utilizing durable construction materials, and leveraging a highly strategic, Metro-accessible location in Deira, the private owner has created a residential environment that perfectly meets the needs of Dubai's core workforce. Supported by excellent road connectivity to DXB Airport and the historic Dubai Creek, the R408 Building stands as a highly secure, consistent-yield asset for investors and a supremely comfortable, functional home for professionals and families alike.
R408 Building by Private Owner in Deira starts from Price on Request. Prices vary based on unit type, floor, and view. Contact our team for detailed pricing across all available layouts and current promotional offers.
R408 Building offers a Contact developer for payment schedule payment structure. Typical plans include an initial booking deposit, installments during construction, and final payment on handover. Our consultants can explain the specific payment schedule and help you plan your investment.
R408 Building is scheduled for completion in Q. The project is ready for immediate occupancy.
R408 Building by Private Owner in Deira offers strong investment potential. Deira is one of Dubai's sought-after locations with consistent demand from both residents and investors. The project's location, developer reputation, and payment plan make it attractive for both end-users and investors seeking rental yields or capital appreciation.
R408 Building is developed by Private Owner, an established property developer in Dubai's real estate market. All developers in Dubai are regulated by RERA to ensure buyer protection.
R408 Building offers world-class amenities including Security, Supermarket Nearby, Central A/C, CCTV Cameras, Covered Parking. These amenities are designed to provide residents with a premium lifestyle experience.