Land prices in Ikeja Gra, Lagos
Ikeja Gra is a gated area in Abule Onigbagbo, Opebi, Ikeja LGA, Lagos, in the prime zone. Residential land is about ₦2.1m per m², so a typical 600 m² plot is about ₦1.26bn.
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| Typical 600 m² plot | ₦1.26bn | residential |
| Land: residential | ₦2.1m | per m² |
| Land: commercial | ₦2.3m | per m² |
| Land: industrial | ₦1.6m | per m² |
| Building: 2-bed flat | ₦221.2m | asking price |
| Building: 3-bed flat | ₦384.3m | asking price |
| Building: 4-bed house | ₦637m | asking price |
| Building: 5-bed house | ₦1.11bn | asking price |
| Rent: 1-bed / mini flat | ₦3.7m | per year |
| Rent: 2-bed flat | ₦7.7m | per year |
| Rent: 3-bed flat | ₦11.9m | per year |
| Rent: 4-bed house | ₦29.3m | per year |
| Rent: shop or office | ₦157,732 | per m² per year |
Ikeja LGA as a whole: ₦679,000 per m² median. Coordinates 6.58800, 3.35800.
Questions people ask
How much is a plot of land in Ikeja Gra, Lagos?
A typical 600 m² residential plot in Ikeja Gra, Lagos is about ₦1.26bn (around ₦2.1m per m²) in asking prices as of October 2026. Commercial land is about ₦2.3m per m². Source: Buildocrat Land Value Book, updated weekly.
How much is rent for a 3-bedroom flat in Ikeja Gra, Lagos?
About ₦11.9m a year for a 3-bedroom flat, ₦7.7m for a 2-bedroom flat and ₦3.7m for a 1-bedroom or mini flat (October 2026).
How much does a 4-bedroom house cost in Ikeja Gra, Lagos?
Asking prices for a 4-bedroom house in Ikeja Gra, Lagos are around ₦637m; a 3-bedroom flat around ₦384.3m (October 2026).