Buildocrat Land Value Book

Land prices in Ibeju, Lagos

Ibeju is a district in Eleko, Ibeju Lekki LGA, Lagos, in the village zone. Residential land is about ₦34,000 per m², so a typical 600 m² plot is about ₦20.4m.

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Land, building and rental values

Typical 600 m² plot₦20.4mresidential
Land: residential₦34,000per m²
Land: commercial₦70,146per m²
Land: industrial₦60,986per m²
Building: 2-bed flat₦43masking price
Building: 3-bed flat₦76.7masking price
Building: 4-bed house₦106.1masking price
Building: 5-bed house₦152.2masking price
Rent: 1-bed / mini flat₦825,733per year
Rent: 2-bed flat₦1.6mper year
Rent: 3-bed flat₦2.4mper year
Rent: 4-bed house₦5.2mper year
Rent: shop or office₦12,312per m² per year

Ibeju Lekki LGA as a whole: ₦30,100 per m² median. Coordinates 6.48490, 3.88830.

Questions people ask

How much is a plot of land in Ibeju, Lagos?

A typical 600 m² residential plot in Ibeju, Lagos is about ₦20.4m (around ₦34,000 per m²) in asking prices as of October 2026. Commercial land is about ₦70,146 per m². Source: Buildocrat Land Value Book, updated weekly.

How much is rent for a 3-bedroom flat in Ibeju, Lagos?

About ₦2.4m a year for a 3-bedroom flat, ₦1.6m for a 2-bedroom flat and ₦825,733 for a 1-bedroom or mini flat (October 2026).

How much does a 4-bedroom house cost in Ibeju, Lagos?

Asking prices for a 4-bedroom house in Ibeju, Lagos are around ₦106.1m; a 3-bedroom flat around ₦76.7m (October 2026).

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