Buildocrat Land Value Book

Land prices in Iju, Lagos

Iju is a district in Abule Egba, Ifako/Ijaye LGA, Lagos, in the middle-income zone. Residential land is about ₦160,000 per m², so a typical 600 m² plot is about ₦96m.

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Land, building and rental values

Typical 600 m² plot₦96mresidential
Land: residential₦160,000per m²
Land: commercial₦239,238per m²
Land: industrial₦190,695per m²
Building: 2-bed flat₦92.9masking price
Building: 3-bed flat₦121.3masking price
Building: 4-bed house₦226.8masking price
Building: 5-bed house₦295.4masking price
Rent: 1-bed / mini flat₦1.2mper year
Rent: 2-bed flat₦2.7mper year
Rent: 3-bed flat₦3.7mper year
Rent: 4-bed house₦10.4mper year
Rent: shop or office₦29,410per m² per year

Ifako/Ijaye LGA as a whole: ₦105,000 per m² median. Coordinates 6.65070, 3.32470.

Questions people ask

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

A typical 600 m² residential plot in Iju, Lagos is about ₦96m (around ₦160,000 per m²) in asking prices as of October 2026. Commercial land is about ₦239,238 per m². Source: Buildocrat Land Value Book, updated weekly.

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

About ₦3.7m a year for a 3-bedroom flat, ₦2.7m 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 Iju, Lagos?

Asking prices for a 4-bedroom house in Iju, Lagos are around ₦226.8m; a 3-bedroom flat around ₦121.3m (October 2026).

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