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Ready building · Meydan

The Derby Residence 3, Nad Al Sheba First

Highlights

The Derby Residence 3 at a glance

About The Derby Residence 3

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.

In a nutshell

  • A mixed-use ready building
  • Located in Nad Al Sheba First, Dubai
  • Developed by Meydan
  • Completed in Q3 2018
  • Unit types: 1 Bed, 2 Beds, Commercial
  • Sizes from 440 to 1,720 sq ft
  • Business Bay metro station 5.3 km away
Status
Ready
Developer
Meydan
Location
Nad Al Sheba First, Dubai
Completed
Q3 2018
Unit types
1 Bed, 2 Beds, Commercial
Prices from
AED 1.5M
Median price per sq ft
AED 1,423
Nearest metro
District 1, 1.1 km

Building details

Inside The Derby Residence 3

Properties in The Derby Residence 3

1-bedroom apartments in The Derby Residence 3

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.

2-bedroom apartments in The Derby Residence 3

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.

Commercial units in The Derby Residence 3

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 types in The Derby Residence 3 with sizes, median prices and rents
Unit typeUnitsSizeMedian priceMedian rent
1 Bed181,040 sqft96.6 sqmt – 1,720 sqft159.8 sqmtAED 1.5M–
2 Beds121,210 sqft112.4 sqmt – 1,290 sqft119.8 sqmtAED 1.8M–
Commercial3440 sqft40.9 sqmt – 540 sqft50.2 sqmtNo recent sales–

Recent transactions in The Derby Residence 3

  • The Derby Residence 3

    Nad Al Shiba First

    AED 1.5M

    AED 1,415 /sqftAED 15,231 /sqmt

    ReadyApartment
    1,060 sqft98.5 sqmt1 BedDeveloper14 Oct 2026
  • The Derby Residence 3

    Nad Al Shiba First

    AED 1.7M

    AED 1,401 /sqftAED 15,080 /sqmt

    ReadyApartment
    1,213 sqft112.7 sqmt2 BedsDeveloper14 Oct 2026
  • The Derby Residence 3

    Nad Al Shiba First

    AED 1.9M

    AED 1,430 /sqftAED 15,392 /sqmt

    ReadyApartment
    1,294 sqft120.2 sqmt2 BedsDeveloper22 Jul 2026
  • The Derby Residence 3

    Nad Al Shiba First

    AED 1.8M

    AED 1,430 /sqftAED 15,392 /sqmt

    ReadyApartment
    1,259 sqft117 sqmt2 BedsDeveloper22 Jul 2026

Every sale in The Derby Residence 3Every rent contract in The Derby Residence 3

Nearby amenities

Around The Derby Residence 3

Transportation near The Derby Residence 3

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.

  • District 1Golden line · 1.1 km · about 13 min walk
  • Nad Al ShebaGolden line · 2.3 km · about 7 min drive
  • District 1 near High Speed Rail lineGolden line · 2.5 km · about 7 min drive
  • Burj Khalifa RoadGolden line · 4.3 km · about 11 min drive
  • Business Bay InterchangeGolden line · 5.3 km · about 13 min drive
  • Business BayRed line · 5.3 km · about 13 min drive

Shopping and groceries near The Derby Residence 3

The closest is Spinneys / south bridge downtowne Dubai, 3.7 km from The Derby Residence 3 (about 9 min drive).

  • Spinneys / south bridge downtowne DubaiSupermarket · 3.7 km · about 9 min drive
  • Spinneys / EMAAR Boulevard, Downtown DubaiSupermarket · 4.5 km · about 11 min drive
  • Dubai MallShopping Mall · 4.5 km · about 11 min drive
  • Al Maya / 8 Boulevard Walk, Downtown DubaiSupermarket · 4.5 km · about 11 min drive
  • Spinneys/ Ontario TowerSupermarket · 4.7 km · about 11 min drive

Restaurants and hotels near The Derby Residence 3

The closest is Shiba Restaurant, 0.7 km from The Derby Residence 3 (about 8 min walk).

  • Shiba RestaurantRestaurant · 0.7 km · about 8 min walk
  • Meydan HotelHotel · 0.9 km · about 11 min walk
  • Radisson Blu Hotel, Dubai DowntownHotel · 3.7 km · about 9 min drive
  • Maward RestaurantRestaurant · 3.7 km · about 9 min drive
  • Al Manzil HotelHotel · 4 km · about 10 min drive

Hospitals and clinics near The Derby Residence 3

The closest is Dr. Moopen'S Al Quoz Medical Centre, 6.2 km from The Derby Residence 3 (about 14 min drive).

  • Dr. Moopen'S Al Quoz Medical CentreHospital · 6.2 km · about 14 min drive
  • Al Amal HospitalHospital · 6.3 km · about 15 min drive
  • Medcare HospitalHospital · 6.5 km · about 15 min drive
  • Emirates HospitalHospital · 7.6 km · about 17 min drive
  • Internationl Medical CenterHospital · 7.7 km · about 17 min drive

Parks and leisure near The Derby Residence 3

The closest is Meydan Grandstand and Racecourse, 0.7 km from The Derby Residence 3 (about 8 min walk).

  • Meydan Grandstand and RacecourseStadium · 0.7 km · about 8 min walk
  • Meydan TheatreTheatre House · 0.8 km · about 10 min walk
  • Meydan Tennis AcademySports Academy · 1.3 km · about 5 min drive
  • Falcon Heritage and Sports CentreSports Academy · 1.7 km · about 5 min drive
  • Falcon Centre and Cultural SportsSports Academy · 1.7 km · about 5 min drive

Schools near The Derby Residence 3

The nearest is Bilingual French International School L.L.C-FZ, 1.3 km away. Ratings are the KHDA's latest inspection grades.

  • Bilingual French International School L.L.C-FZFrench · KHDA: Not inspected due to COVID 19 · 1.3 km
  • Hartland International School - FZUK - International Baccalaureate - UK/IB · KHDA: Very good · 1.6 km
  • North London Collegiate School Middle East L.L.C - FZInternational Baccalaureate · KHDA: Very good · 1.8 km
  • Rashid and Latifa SchoolUK · KHDA: Not inspected yet · 2 km
  • Dubai International Private School - BrAmerican · KHDA: Good · 4.1 km
  • GEMS Our Own Indian SchoolIndian · KHDA: Very good · 4.3 km

Other buildings in Nad Al Sheba First

Nad Al Sheba First has 135 buildings. A few others to compare The Derby Residence 3 with:

Things to consider about The Derby Residence 3

In its favour

  • Ready to move into or let, with no construction risk.
  • Several schools within 3 km.

Worth checking

  • Few sales each year, so a resale can take longer and prices move on a handful of deals.
  • The nearest running metro station is 5.3 km away, so a car helps.

FAQs

The Derby Residence 3: questions answered

The Derby Residence 3 was developed by Meydan in Nad Al Sheba First.

The Derby Residence 3 is completed in Q3 2018.

Across its 4 most recent registered sales, The Derby Residence 3 sold for a median of AED 1,423 per sq ft and AED 1.8M per unit.

The Derby Residence 3 has 1 Bed (1,040 to 1,720 sq ft), 2 Beds (1,210 to 1,290 sq ft), Commercial (440 to 540 sq ft).

District 1 is about 1.1 km from The Derby Residence 3.

The nearest schools include Bilingual French International School L.L.C-FZ (1.3 km), Hartland International School - FZ (1.6 km), North London Collegiate School Middle East L.L.C - FZ (1.8 km).

Buying, selling or renting in The Derby Residence 3?

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

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