Land prices in Funai Courts, Lagos
Funai Courts is a gated area in Banana Island, Ikoyi, Eti Osa LGA, Lagos, in the prime zone. Residential land is about ₦3.4m per m², so a typical 600 m² plot is about ₦2.04bn.
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| Typical 600 m² plot | ₦2.04bn | residential |
| Land: residential | ₦3.4m | per m² |
| Land: commercial | ₦4.9m | per m² |
| Land: industrial | ₦2.1m | per m² |
| Building: 2-bed flat | ₦397.5m | asking price |
| Building: 3-bed flat | ₦480.2m | asking price |
| Building: 4-bed house | ₦622.9m | asking price |
| Building: 5-bed house | ₦1.66bn | asking price |
| Rent: 1-bed / mini flat | ₦6.9m | per year |
| Rent: 2-bed flat | ₦17.2m | per year |
| Rent: 3-bed flat | ₦21.5m | per year |
| Rent: 4-bed house | ₦24.7m | per year |
| Rent: shop or office | ₦694,841 | per m² per year |
Eti Osa LGA as a whole: ₦504,000 per m² median. Coordinates 6.45170, 3.44460.
Questions people ask
How much is a plot of land in Funai Courts, Lagos?
A typical 600 m² residential plot in Funai Courts, Lagos is about ₦2.04bn (around ₦3.4m per m²) in asking prices as of October 2026. Commercial land is about ₦4.9m per m². Source: Buildocrat Land Value Book, updated weekly.
How much is rent for a 3-bedroom flat in Funai Courts, Lagos?
About ₦21.5m a year for a 3-bedroom flat, ₦17.2m for a 2-bedroom flat and ₦6.9m for a 1-bedroom or mini flat (October 2026).
How much does a 4-bedroom house cost in Funai Courts, Lagos?
Asking prices for a 4-bedroom house in Funai Courts, Lagos are around ₦622.9m; a 3-bedroom flat around ₦480.2m (October 2026).