Buildocrat Land Value Book

Land prices in Mayfair Gardens Estate, Lagos

Mayfair Gardens Estate is a gated estate in Mayibonalade, Eputu, Ibeju Lekki LGA, Lagos, in the lower-income zone. Residential land is about ₦60,000 per m², so a typical 600 m² plot is about ₦36m.

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Land, building and rental values

Typical 600 m² plot₦36mresidential
Land: residential₦60,000per m²
Land: commercial₦123,787per m²
Land: industrial₦90,761per m²
Building: 2-bed flat₦53masking price
Building: 3-bed flat₦95.7masking price
Building: 4-bed house₦133.8masking price
Building: 5-bed house₦203.8masking price
Rent: 1-bed / mini flat₦1mper year
Rent: 2-bed flat₦2mper year
Rent: 3-bed flat₦3.1mper year
Rent: 4-bed house₦6.4mper year
Rent: shop or office₦21,728per m² per year

Ibeju Lekki LGA as a whole: ₦30,100 per m² median. Coordinates 6.46540, 3.71320.

Questions people ask

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

A typical 600 m² residential plot in Mayfair Gardens Estate, Lagos is about ₦36m (around ₦60,000 per m²) in asking prices as of October 2026. Commercial land is about ₦123,787 per m². Source: Buildocrat Land Value Book, updated weekly.

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

About ₦3.1m a year for a 3-bedroom flat, ₦2m for a 2-bedroom flat and ₦1m for a 1-bedroom or mini flat (October 2026).

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

Asking prices for a 4-bedroom house in Mayfair Gardens Estate, Lagos are around ₦133.8m; a 3-bedroom flat around ₦95.7m (October 2026).

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