Land prices in Gemade Estate, Lagos
Gemade Estate is a gated estate in Egbeda, Ikeja, Alimosho LGA, Lagos, in the middle-income zone. Residential land is about ₦200,000 per m², so a typical 600 m² plot is about ₦120m. Location approximate (taken from listing addresses).
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| Typical 600 m² plot | ₦120m | residential |
| Land: residential | ₦200,000 | per m² |
| Land: commercial | ₦236,305 | per m² |
| Land: industrial | ₦225,440 | per m² |
| Building: 2-bed flat | ₦109.5m | asking price |
| Building: 3-bed flat | ₦129.5m | asking price |
| Building: 4-bed house | ₦212.3m | asking price |
| Building: 5-bed house | ₦301.9m | asking price |
| Rent: 1-bed / mini flat | ₦1.1m | per year |
| Rent: 2-bed flat | ₦2.5m | per year |
| Rent: 3-bed flat | ₦3.4m | per year |
| Rent: 4-bed house | ₦7.4m | per year |
| Rent: shop or office | ₦30,720 | per m² per year |
Alimosho LGA as a whole: ₦93,100 per m² median. Coordinates 6.59690, 3.29250.
Questions people ask
How much is a plot of land in Gemade Estate, Lagos?
A typical 600 m² residential plot in Gemade Estate, Lagos is about ₦120m (around ₦200,000 per m²) in asking prices as of October 2026. Commercial land is about ₦236,305 per m². Source: Buildocrat Land Value Book, updated weekly.
How much is rent for a 3-bedroom flat in Gemade Estate, Lagos?
About ₦3.4m a year for a 3-bedroom flat, ₦2.5m for a 2-bedroom flat and ₦1.1m for a 1-bedroom or mini flat (October 2026).
How much does a 4-bedroom house cost in Gemade Estate, Lagos?
Asking prices for a 4-bedroom house in Gemade Estate, Lagos are around ₦212.3m; a 3-bedroom flat around ₦129.5m (October 2026).