What is the registered annual rent for a 2 bedroom in The Derby Residence 3?

The median new annual rent is AED 110,769, from 11 Ejari contracts in the trailing 12 months to 2026-10-12. The evidence is recorded for this building. Compare the same bedroom type; floor, view and condition can change an individual rent.

Have registered rents in The Derby Residence 3 risen or fallen?

The median new annual rent changed +0.7% in the trailing 12 months against the previous 12, using 11 new Ejari contracts in the current period to 2026-10-12. Different homes can appear in the two periods; this is not the change on an individual tenancy.

Do new tenants in The Derby Residence 3 pay more than sitting ones?

A new tenant pays +7.9% against a renewing one, across 13 renewal contracts in the last 12 months. This compares different new and renewal contract groups, not the same tenancy before and after a move. It is not a permitted rent increase or a guaranteed gain.

How many apartments change hands in The Derby Residence 3?

2 sales were registered with the Dubai Land Department in the last 12 months, alongside 11 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.

Ejari leases to 12 Oct 2026

The Derby Residence 3 rents

19 new leases and 35 renewals in 12 months
60 units
Meydan
near Business Bay Metro Station

A two-bed here leases for about AED 110,769 a year, 25% below the typical Meydan two-bed. New tenants pay more than renewing ones, who pay AED 102,638.

2 bed · typical new lease

110,769AEDa year

AED 86/sqft · +0.7% on a year

A month, roughly: AED 9,231
Renewal: AED 102,638
vs Meydan 2 bed: 25% below the median
New leases, 12 months: 11

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What should a lease in The Derby Residence 3 cost?A two-bed leases for about AED 110,769 a year; new tenants pay 7.9% more than renewing ones

Type	New lease	Renewal	vs Meydan	Leases
2 bed	110,76986/sqft		102,63813 renewals	25% lesstypical 147,304	11

Median annual rent, AED a year, on Ejari leases starting in the 12 months to 12 Oct 2026. Renewal is blank where too few were registered; “typical” is the Meydan median for the type.

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Rent history and contracts

Every contract registered with Ejari — data to 2026-10-12.

A two-bed here now costs 0.7% more than a year earlier: AED 110,769 against 110,000.

Median annual rent, 2 bed, as a rolling 3-month median. The band along the bottom is the number of records each month.

Start	Type	Sqft	Annual rent	Contract
31 Aug 2026	1 bed	1,241	AED 80,000	64	New
16 Aug 2026	1 bed	1,060	AED 69,000	65	Renewal
15 Aug 2026	1 bed	1,061	AED 70,000	66	Renewal
1 Aug 2026	2 bed	1,217	AED 107,000	88	Renewal
31 Jul 2026	2 bed	1,239	AED 105,000	85	New
23 Jul 2026	2 bed	1,217	AED 100,000	82	Renewal
16 Jul 2026	1 bed	1,058	AED 76,230	72	Renewal
5 Jul 2026	2 bed	1,207	AED 87,000	72	Renewal
23 Jun 2026	2 bed	1,217	AED 94,500	78	Renewal
5 Jun 2026	1 bed	1,061	AED 68,250	64	Renewal

36 contracts starting on or after 12 Oct 2025.

About The Derby Residence 3A 6-floor tower in Meydan, a 13-minute drive from DIFC

The Derby Residence 3 is an apartment building completed in 2015 in Meydan. 54 yearly leases, new and renewed, were registered with Ejari in the last 12 months.

Pinned from Google's place record for the registered name.Open in Google Maps

The building, as registered

Floors: 6
Lifts: 2
Parking bays: 30

Drive times · typical

Downtown: 16 min · 11 km
DXB Airport: 15 min · 16 km
DIFC: 13 min · 15 km
Dubai Marina: 22 min · 24 km
Palm Jumeirah: 28 min · 29 km

Nearest, as registered

Metro: Business Bay Metro Station
Mall: Dubai Mall
Landmark: Downtown Dubai

Letting a unit in The Derby Residence 3?90% of units here signed a yearly lease in 12 months, above the Meydan median; new tenants pay more than renewing ones

Units on a yearly lease: 90%Strength; Meydan median 35%; top tenth from 88%
New tenant vs renewal: +16.7%; New leases AED 105,000, renewals 90,000, all types

Ejari leases to 12 Oct 2026

Comparables in Meydan

Every Meydan building with a page, ranked by annual rent per sqft over the same 12 months, all unit types. The Derby Residence 3 places 42nd of 43; the nearest 5 are shown.

Rank	Building	Median rent	12-month change	Contracts
38–39	The Polo Residence - E4, E5one project rent, 2 towers	AED 85,000	94+14.3%	-2.6%	198
40	Sukoon by Nuri	AED 75,000	91+11.0%	-17.6%	7
41	Bright Corner	AED 99,875	84+2.6%	+24.8%	12
42	The Derby Residence 3 · this building	AED 105,000	82	+10.5%	19
43	Woodland Crest By AMIS	AED 117,500	78-4.5%	—	8

Rank 1 is the dearest per square foot. Differences are against The Derby Residence 3.

At 2 bed, The Derby Residence 3 ranks 36th of 38 by rent per square foot in Meydan.

Market context in Meydan

Registered sales activity

173 ready apartment sales in the 12 months to 2026-10-12.

+9.3% in median AED/sqft versus the preceding year, supported by 173 current and 234 prior price observations.

Explore sales activity

Planned apartment projects

88 known registered units across 2 pending projects planned within one year of the 2026-07-06 register.

0 projects had already passed their planned date; 0 have unknown timing.

Explore planned supply

Supply against leasing, and same-building moves

316 apartments are planned in Meydan from 2026 to 2028, equal to 17% of the 1,848 homes let there today.

New-lease rents fell in 47% of 15 buildings (counted once per bedroom type) with leases in both years; the typical one moved 0.0%.

How these are counted

Find service-charge budget evidence for The Derby Residence 3

Direct locality, all apartment bedroom types. Area context is not building performance. Planned dates are relative to the register date, not a delivery forecast; project unit counts can include mixed uses. Sales activity is not time on market or occupancy.

Nearby in Meydan

Every building in Meydan →

Prices per sq ft around The Derby Residence 3, on the map

Pills show median annual rent, AED. 42 buildings pinned from Google place records and Apple geocoding · The Derby Residence 3 is the inverted pinOpen in Apple Maps

The Polo Residence - D4

Meydan · 198 contracts, 12 months

85,000

AED a year median · 94/sqft

The Polo Residence - A2

Meydan · 198 contracts, 12 months

85,000

AED a year median · 94/sqft

The Polo Residence - A3

Meydan · 198 contracts, 12 months

85,000

AED a year median · 94/sqft

The Polo Residence - A4

Meydan · 198 contracts, 12 months

85,000

AED a year median · 94/sqft

Ask about The Derby Residence 3

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Common questions

What is the registered annual rent for a 2 bedroom in The Derby Residence 3?: The median new annual rent is AED 110,769, from 11 Ejari contracts in the trailing 12 months to 2026-10-12. The evidence is recorded for this building. Compare the same bedroom type; floor, view and condition can change an individual rent.
Have registered rents in The Derby Residence 3 risen or fallen?: The median new annual rent changed +0.7% in the trailing 12 months against the previous 12, using 11 new Ejari contracts in the current period to 2026-10-12. Different homes can appear in the two periods; this is not the change on an individual tenancy.
Do new tenants in The Derby Residence 3 pay more than sitting ones?: A new tenant pays +7.9% against a renewing one, across 13 renewal contracts in the last 12 months. This compares different new and renewal contract groups, not the same tenancy before and after a move. It is not a permitted rent increase or a guaranteed gain.
How many apartments change hands in The Derby Residence 3?: 2 sales were registered with the Dubai Land Department in the last 12 months, alongside 11 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.

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The Derby Residence 3 rental record

Record type: Building-level property market record
Data date: 2026-10-12 · refreshed 2026-10-14
Evidence base: 11 registered rental contracts in the last 12 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 2026-10-12. https://dubaiwealthindex.com/rent/apartments/dubai/meydan/the-derby-residence-3

Stable dataJSON