
Al Mashroom Meydan
Nad Al Sheba First · Dubai Euro Real Estate
Ready building · Meydan
Highlights
The Derby Residence 3 is a mixed-use building in Nad Al Sheba First, Dubai, developed by Meydan. It holds about 33 units: 1-bedroom apartments, 2-bedroom apartments, commercial units.
The building was completed in 2018 and has been in use for about 8 years. 4 units changed hands in the last 12 months, registered with the Dubai Land Department. Recent sales went through at a median of AED 1,423 per sq ft.
The Derby Residence 3 is one of 135 buildings in Nad Al Sheba First: 46 are complete and 36 are still being built.
Building details
There are about 18 of these in The Derby Residence 3, from 1,040 to 1,720 sq ft. They have recently sold for a median of AED 1.5M, or AED 1,420 per sq ft.
There are about 12 of these in The Derby Residence 3, from 1,210 to 1,290 sq ft. They have recently sold for a median of AED 1.8M, or AED 1,430 per sq ft.
There are about 3 of these in The Derby Residence 3, from 440 to 540 sq ft. None has sold recently enough to quote a price.
| Unit type | Units | Size | Median price | Median rent |
|---|---|---|---|---|
| 1 Bed | 18 | 1,040 sqft96.6 sqmt – 1,720 sqft159.8 sqmt | AED 1.5M | – |
| 2 Beds | 12 | 1,210 sqft112.4 sqmt – 1,290 sqft119.8 sqmt | AED 1.8M | – |
| Commercial | 3 | 440 sqft40.9 sqmt – 540 sqft50.2 sqmt | No recent sales | – |
Median sale price
AED 1.8M
Median per sq ft
AED 1,423
Price ranges from the most recent registered sales, by unit type:
| LocationStatus and unit | PricePer sqftPer sqmt | SpecsSize and bedrooms | DateSold by |
|---|---|---|---|
| The Derby Residence 3, Nad Al Shiba FirstReadyApartment | AED 1,500,000AED 1,415 /sqftAED 15,231 /sqmt | 1,060 sqft98.5 sqmt1 Bed | Developer |
| The Derby Residence 3, Nad Al Shiba FirstReadyApartment | AED 1,700,000AED 1,401 /sqftAED 15,080 /sqmt | 1,213 sqft112.7 sqmt2 Beds | Developer |
| The Derby Residence 3, Nad Al Shiba FirstReadyApartment | AED 1,850,000AED 1,430 /sqftAED 15,392 /sqmt | 1,294 sqft120.2 sqmt2 Beds | Developer |
| The Derby Residence 3, Nad Al Shiba FirstReadyApartment | AED 1,800,000AED 1,430 /sqftAED 15,392 /sqmt | 1,259 sqft117 sqmt2 Beds | Developer |
The Derby Residence 3
Nad Al Shiba First
AED 1.5M
AED 1,415 /sqftAED 15,231 /sqmt
The Derby Residence 3
Nad Al Shiba First
AED 1.7M
AED 1,401 /sqftAED 15,080 /sqmt
The Derby Residence 3
Nad Al Shiba First
AED 1.9M
AED 1,430 /sqftAED 15,392 /sqmt
The Derby Residence 3
Nad Al Shiba First
AED 1.8M
AED 1,430 /sqftAED 15,392 /sqmt
Every sale in The Derby Residence 3Every rent contract in The Derby Residence 3
Nearby amenities
The nearest Dubai Metro station from The Derby Residence 3 is Business Bay (red line, 5.3 km, about 13 min drive), then Burj Khalifa/Dubai Mall (red line, 5.4 km, about 13 min drive). Stations planned on new lines nearby include District 1 (golden line, 1.1 km, about 13 min walk) and Nad Al Sheba (golden line, 2.3 km, about 7 min drive). Most residents will drive or take a taxi to the metro.
The closest is Spinneys / south bridge downtowne Dubai, 3.7 km from The Derby Residence 3 (about 9 min drive).
The closest is Shiba Restaurant, 0.7 km from The Derby Residence 3 (about 8 min walk).
The closest is Dr. Moopen'S Al Quoz Medical Centre, 6.2 km from The Derby Residence 3 (about 14 min drive).
The closest is Meydan Grandstand and Racecourse, 0.7 km from The Derby Residence 3 (about 8 min walk).
The nearest is Bilingual French International School L.L.C-FZ, 1.3 km away. Ratings are the KHDA's latest inspection grades.
Nad Al Sheba First has 135 buildings. A few others to compare The Derby Residence 3 with:

Nad Al Sheba First · Dubai Euro Real Estate
Nad Al Sheba First · Alphabeta
Nad Al Sheba First · Al Ali Property Investment

Nad Al Sheba First · Al Ali Property Investment

Nad Al Sheba First · Al Ali Property Investment

Nad Al Sheba First · Al Ali Property Investment
FAQs
A broker who works Nad Al Sheba First will tell you what is available and what comparable homes went for.