Buildocrat Land Value Book

Land prices in Royal Gardens Estate, Lagos

Royal Gardens Estate is a gated estate in Lekki Phase II, Ajah, Eti Osa LGA, Lagos, in the middle-income zone. Residential land is about ₦320,000 per m², so a typical 600 m² plot is about ₦192m.

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Land, building and rental values

Typical 600 m² plot₦192mresidential
Land: residential₦320,000per m²
Land: commercial₦464,127per m²
Land: industrial₦392,186per m²
Building: 2-bed flat₦166.7masking price
Building: 3-bed flat₦192masking price
Building: 4-bed house₦240masking price
Building: 5-bed house₦494.2masking price
Rent: 1-bed / mini flat₦2.7mper year
Rent: 2-bed flat₦6.5mper year
Rent: 3-bed flat₦8.2mper year
Rent: 4-bed house₦10mper year
Rent: shop or office₦65,397per m² per year

Eti Osa LGA as a whole: ₦504,000 per m² median. Coordinates 6.46430, 3.57120.

Questions people ask

How much is a plot of land in Royal Gardens Estate, Lagos?

A typical 600 m² residential plot in Royal Gardens Estate, Lagos is about ₦192m (around ₦320,000 per m²) in asking prices as of October 2026. Commercial land is about ₦464,127 per m². Source: Buildocrat Land Value Book, updated weekly.

How much is rent for a 3-bedroom flat in Royal Gardens Estate, Lagos?

About ₦8.2m a year for a 3-bedroom flat, ₦6.5m for a 2-bedroom flat and ₦2.7m for a 1-bedroom or mini flat (October 2026).

How much does a 4-bedroom house cost in Royal Gardens Estate, Lagos?

Asking prices for a 4-bedroom house in Royal Gardens Estate, Lagos are around ₦240m; a 3-bedroom flat around ₦192m (October 2026).

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