Land prices in UPDC Estate, Lagos
UPDC Estate is a gated estate in Elegushin, Ikate, Eti Osa LGA, Lagos, in the prime zone. Residential land is about ₦980,000 per m², so a typical 600 m² plot is about ₦588m.
See UPDC Estate on the satellite map, with postcodesAsk us on WhatsAppLand, building and rental values
| Typical 600 m² plot | ₦588m | residential |
| Land: residential | ₦980,000 | per m² |
| Land: commercial | ₦1.4m | per m² |
| Land: industrial | ₦858,511 | per m² |
| Building: 2-bed flat | ₦251.6m | asking price |
| Building: 3-bed flat | ₦296.4m | asking price |
| Building: 4-bed house | ₦375.1m | asking price |
| Building: 5-bed house | ₦877.9m | asking price |
| Rent: 1-bed / mini flat | ₦4.2m | per year |
| Rent: 2-bed flat | ₦10.3m | per year |
| Rent: 3-bed flat | ₦12.9m | per year |
| Rent: 4-bed house | ₦15.3m | per year |
| Rent: shop or office | ₦200,278 | per m² per year |
Eti Osa LGA as a whole: ₦504,000 per m² median. Coordinates 6.42770, 3.47720.
Questions people ask
How much is a plot of land in UPDC Estate, Lagos?
A typical 600 m² residential plot in UPDC Estate, Lagos is about ₦588m (around ₦980,000 per m²) in asking prices as of October 2026. Commercial land is about ₦1.4m per m². Source: Buildocrat Land Value Book, updated weekly.
How much is rent for a 3-bedroom flat in UPDC Estate, Lagos?
About ₦12.9m a year for a 3-bedroom flat, ₦10.3m for a 2-bedroom flat and ₦4.2m for a 1-bedroom or mini flat (October 2026).
How much does a 4-bedroom house cost in UPDC Estate, Lagos?
Asking prices for a 4-bedroom house in UPDC Estate, Lagos are around ₦375.1m; a 3-bedroom flat around ₦296.4m (October 2026).