Land prices in Okun Ajah, Lagos
Okun Ajah is a district in Eti Osa LGA, Lagos, in the middle-income zone. Residential land is about ₦200,000 per m², so a typical 600 m² plot is about ₦120m.
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| Typical 600 m² plot | ₦120m | residential |
| Land: residential | ₦200,000 | per m² |
| Land: commercial | ₦290,079 | per m² |
| Land: industrial | ₦282,233 | per m² |
| Building: 2-bed flat | ₦140.2m | asking price |
| Building: 3-bed flat | ₦161.3m | asking price |
| Building: 4-bed house | ₦201.6m | asking price |
| Building: 5-bed house | ₦388.3m | asking price |
| Rent: 1-bed / mini flat | ₦2.2m | per year |
| Rent: 2-bed flat | ₦5.4m | per year |
| Rent: 3-bed flat | ₦6.7m | per year |
| Rent: 4-bed house | ₦8.4m | per year |
| Rent: shop or office | ₦40,873 | per m² per year |
Eti Osa LGA as a whole: ₦504,000 per m² median. Coordinates 6.42660, 3.58520.
Questions people ask
How much is a plot of land in Okun Ajah, Lagos?
A typical 600 m² residential plot in Okun Ajah, Lagos is about ₦120m (around ₦200,000 per m²) in asking prices as of October 2026. Commercial land is about ₦290,079 per m². Source: Buildocrat Land Value Book, updated weekly.
How much is rent for a 3-bedroom flat in Okun Ajah, Lagos?
About ₦6.7m a year for a 3-bedroom flat, ₦5.4m for a 2-bedroom flat and ₦2.2m for a 1-bedroom or mini flat (October 2026).
How much does a 4-bedroom house cost in Okun Ajah, Lagos?
Asking prices for a 4-bedroom house in Okun Ajah, Lagos are around ₦201.6m; a 3-bedroom flat around ₦161.3m (October 2026).