Land prices in Alexander Estate, Lagos
Alexander Estate is a gated estate in Abule Egba, Ifako/Ijaye LGA, Lagos, in the middle-income zone. Residential land is about ₦150,000 per m², so a typical 600 m² plot is about ₦90m. Location approximate (taken from listing addresses).
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| Typical 600 m² plot | ₦90m | residential |
| Land: residential | ₦150,000 | per m² |
| Land: commercial | ₦224,286 | per m² |
| Land: industrial | ₦182,272 | per m² |
| Building: 2-bed flat | ₦90.8m | asking price |
| Building: 3-bed flat | ₦118.3m | asking price |
| Building: 4-bed house | ₦220.9m | asking price |
| Building: 5-bed house | ₦285.8m | asking price |
| Rent: 1-bed / mini flat | ₦1.2m | per year |
| Rent: 2-bed flat | ₦2.6m | per year |
| Rent: 3-bed flat | ₦3.6m | per year |
| Rent: 4-bed house | ₦10.2m | per year |
| Rent: shop or office | ₦27,571 | per m² per year |
Ifako/Ijaye LGA as a whole: ₦105,000 per m² median. Coordinates 6.65710, 3.31200.
Questions people ask
How much is a plot of land in Alexander Estate, Lagos?
A typical 600 m² residential plot in Alexander Estate, Lagos is about ₦90m (around ₦150,000 per m²) in asking prices as of October 2026. Commercial land is about ₦224,286 per m². Source: Buildocrat Land Value Book, updated weekly.
How much is rent for a 3-bedroom flat in Alexander Estate, Lagos?
About ₦3.6m a year for a 3-bedroom flat, ₦2.6m for a 2-bedroom flat and ₦1.2m for a 1-bedroom or mini flat (October 2026).
How much does a 4-bedroom house cost in Alexander Estate, Lagos?
Asking prices for a 4-bedroom house in Alexander Estate, Lagos are around ₦220.9m; a 3-bedroom flat around ₦118.3m (October 2026).