Buildocrat Land Value Book

Land prices in Ikeja G.R.A, Lagos

Ikeja G.R.A is a gated area in Maryland, Oshodi, Ikeja LGA, Lagos, in the high-income zone. Residential land is about ₦390,000 per m², so a typical 600 m² plot is about ₦234m.

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Land, building and rental values

Typical 600 m² plot₦234mresidential
Land: residential₦390,000per m²
Land: commercial₦433,078per m²
Land: industrial₦481,609per m²
Building: 2-bed flat₦119.1masking price
Building: 3-bed flat₦200masking price
Building: 4-bed house₦320.7masking price
Building: 5-bed house₦466.4masking price
Rent: 1-bed / mini flat₦1.9mper year
Rent: 2-bed flat₦3.9mper year
Rent: 3-bed flat₦6mper year
Rent: 4-bed house₦15.6mper year
Rent: shop or office₦29,293per m² per year

Ikeja LGA as a whole: ₦679,000 per m² median. Coordinates 6.57760, 3.35160.

Questions people ask

How much is a plot of land in Ikeja G.R.A, Lagos?

A typical 600 m² residential plot in Ikeja G.R.A, Lagos is about ₦234m (around ₦390,000 per m²) in asking prices as of October 2026. Commercial land is about ₦433,078 per m². Source: Buildocrat Land Value Book, updated weekly.

How much is rent for a 3-bedroom flat in Ikeja G.R.A, Lagos?

About ₦6m a year for a 3-bedroom flat, ₦3.9m for a 2-bedroom flat and ₦1.9m for a 1-bedroom or mini flat (October 2026).

How much does a 4-bedroom house cost in Ikeja G.R.A, Lagos?

Asking prices for a 4-bedroom house in Ikeja G.R.A, Lagos are around ₦320.7m; a 3-bedroom flat around ₦200m (October 2026).

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