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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.

Rents by bedroom type

TypeMedian rentAED/yr/sqftYieldContracts
2 bedAED 111,250916

Deltas compare each yield with the Meydan median for the same unit type. How these yields are computed

How these yields are computed
Each yield divides the median rent by the median of the last 3 months of sales — or of the last 5 sales where the last 3 months hold fewer than three. Off-plan and ready sales count alike, and each bedroom type is priced off its own sales.

Recent transactions

As filed with the Land Department — data to 2026-08-26.

Sales

DateTypeSqftPriceAED/sqft
22 Jul 20262 bed1,259AED 1,800,0001,429
22 Jul 20262 bed1,294AED 1,850,0001,429

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.

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.

Source: Dubai Land Department open data — sale transactions and Ejari rental contracts. Data as of 2026-08-26.

Gross yield divides median annual rent from new contracts by the median resale price for the same bedroom type over the last 24 months. Off-plan sales are included in price and trend figures but excluded from the yield denominator.

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
Method
Definitions and calculations

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.