The Derby Residence 3
A 2 bed in The Derby Residence 3 costs a median AED 1.82M and rents long-let for AED 111,250/yr — from 2 sales and 6 rental contracts registered in the last 24 months through 26 Aug 2026.
- Registered data
- Sales · 2 bed
- 2 in 12 months
- Rental contracts · 2 bed
- 4 in 12 months
- Buy
- 1.82MAED
- AED 1,429/sqft
- Long-let
- 111,250AED
- AED 91/sqft · no yield
- Turnover upside
- +3.5%
- new tenants pay more than sitting ones — 8 renewals
- AED/yr/sqft
- AED 91
- Sales
- 2
- Rental contracts
- 6
- Renewal rent
- AED 107,500/yr
- 12 months
- +5.9%
- 3 years
- +12.5%+4.0%/yr
Based on 2 sales and 6 rental contracts in the last 24 months. Rental data covers the whole The Derby Residence 2&3 project, not this tower alone. Thin sample — treat these figures as indicative.
The Derby Residence 3 is an apartment building in Meydan, Dubai, one of the towers in the The Derby Residence 2&3 development. The closest metro station is Business Bay Metro Station, the nearest mall Dubai Mall and the nearest landmark Downtown Dubai. Land Department records for it run from 2026 to 2026, 4 registered sales in all — the 2 in the last 24 months are what every median above is computed from.
Rent history
Median annual rent per sqft registered in The Derby Residence 3, by year.
Chart data: May 2023, 81 AED/yr/sqft; latest, Mar 2026, 77 AED/yr/sqft; peak, Sep 2025, 88 AED/yr/sqft.
Rents by bedroom type
Deltas compare each yield with the Meydan median for the same unit type. How these yields are computed
How these yields are computed
Recent transactions
As filed with the Land Department — data to 2026-08-26.
Sales
2 resales in the last 3 months.
Rental contracts
The rent figures on this page are pooled from this building’s project, so no individual contract can be attributed to this tower.
As registered
The building's record in the Dubai Land Department register, as of September 2026. Counts are as registered, not as built or as operated.
- Floors
- 6
- Lifts
- 2
- Parking bays
- 30
Nearby
- Metro
- Business Bay Metro Station
- Mall
- Dubai Mall
- Landmark
- Downtown Dubai
Compare with nearby buildings
The most-traded buildings in Meydan, on the same figures over the same window.
- The Polo Residence - C6 · 3.74%
- The Polo Residence - C7 · 6.06%
- The Polo Residence - D6 · 6.03%
- The Polo Residence - B1 · 3.07%
- The Polo Residence - D1 · 6.25%
- The Polo Residence - E2 · 3.91%
- The Polo Residence - D5 · 4.41%
- The Polo Residence - E4 · 6.49%
Common questions
- How much does a 2 bedroom in The Derby Residence 3 cost?
- The median registered sale price is AED 1.82M (1,429 AED/sqft), from 2 Dubai Land Department sales in the last 24 months. This is a price paid, not an asking price.
- Do new tenants in The Derby Residence 3 pay more than sitting ones?
- A new tenant pays +3.5% against a renewing one, across 8 renewal contracts in the last 24 months. Renewals are capped by RERA and sit below market, so a wide gap means rent that is below market until the unit changes hands.
- How many apartments change hands in The Derby Residence 3?
- 2 sales were registered with the Dubai Land Department in the last 24 months, alongside 6 Ejari rental contracts. Every median on this page rests on those counts.
- Which metro station is closest to The Derby Residence 3?
- Business Bay Metro Station, per the Dubai Land Department's own nearest-landmark fields. The nearest mall is Dubai Mall.
The Derby Residence 3 rental record
- Record type
- Building-level property market record
- Data date
- Evidence base
- 6 registered rental contracts in the trailing 24 months for the default unit type
- Sources
- Dubai Land Department sale transactions and Ejari rental contracts
- Canonical record
- /rent/apartments/dubai/meydan/the-derby-residence-3
Cite as: Dubai Wealth Index. “The Derby Residence 3 rents and yield.” Meydan, Dubai. Data to 2026-08-26. https://dubaiwealthindex.com/rent/apartments/dubai/meydan/the-derby-residence-3.
Stable dataJSON
Where this data stops
Service charges are not in DLD's open data, so the yield above is gross. Net return needs this building's charge per sqft.