Land prices in Ifako Ijaiye, Lagos
Ifako Ijaiye is a district in Abule Egba, Ifako/Ijaye LGA, Lagos, in the lower-income zone. Residential land is about ₦100,000 per m², so a typical 600 m² plot is about ₦60m.
See Ifako Ijaiye on the satellite map, with postcodesAsk us on WhatsAppLand, building and rental values
| Typical 600 m² plot | ₦60m | residential |
| Land: residential | ₦100,000 | per m² |
| Land: commercial | ₦149,524 | per m² |
| Land: industrial | ₦137,232 | per m² |
| Building: 2-bed flat | ₦78.2m | asking price |
| Building: 3-bed flat | ₦101.1m | asking price |
| Building: 4-bed house | ₦187.2m | asking price |
| Building: 5-bed house | ₦232.1m | asking price |
| Rent: 1-bed / mini flat | ₦1m | per year |
| Rent: 2-bed flat | ₦2.2m | per year |
| Rent: 3-bed flat | ₦3.1m | per year |
| Rent: 4-bed house | ₦8.7m | per year |
| Rent: shop or office | ₦18,381 | per m² per year |
Ifako/Ijaye LGA as a whole: ₦105,000 per m² median. Coordinates 6.66360, 3.28950.
Questions people ask
How much is a plot of land in Ifako Ijaiye, Lagos?
A typical 600 m² residential plot in Ifako Ijaiye, Lagos is about ₦60m (around ₦100,000 per m²) in asking prices as of October 2026. Commercial land is about ₦149,524 per m². Source: Buildocrat Land Value Book, updated weekly.
How much is rent for a 3-bedroom flat in Ifako Ijaiye, Lagos?
About ₦3.1m a year for a 3-bedroom flat, ₦2.2m 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 Ifako Ijaiye, Lagos?
Asking prices for a 4-bedroom house in Ifako Ijaiye, Lagos are around ₦187.2m; a 3-bedroom flat around ₦101.1m (October 2026).