Buildocrat Land Value Book

Land prices in Oba Akran, Lagos

Oba Akran is a district in Ikeja, Ikeja LGA, Lagos, in the high-income zone. Residential land is about ₦530,000 per m², so a typical 600 m² plot is about ₦318m.

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Land, building and rental values

Typical 600 m² plot₦318mresidential
Land: residential₦530,000per m²
Land: commercial₦588,542per m²
Land: industrial₦596,956per m²
Building: 2-bed flat₦133.3masking price
Building: 3-bed flat₦225.3masking price
Building: 4-bed house₦363.4masking price
Building: 5-bed house₦546masking price
Rent: 1-bed / mini flat₦2.2mper year
Rent: 2-bed flat₦4.4mper year
Rent: 3-bed flat₦6.8mper year
Rent: 4-bed house₦17.5mper year
Rent: shop or office₦39,809per m² per year

Ikeja LGA as a whole: ₦679,000 per m² median. Coordinates 6.60880, 3.33620.

Questions people ask

How much is a plot of land in Oba Akran, Lagos?

A typical 600 m² residential plot in Oba Akran, Lagos is about ₦318m (around ₦530,000 per m²) in asking prices as of October 2026. Commercial land is about ₦588,542 per m². Source: Buildocrat Land Value Book, updated weekly.

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

About ₦6.8m a year for a 3-bedroom flat, ₦4.4m for a 2-bedroom flat and ₦2.2m for a 1-bedroom or mini flat (October 2026).

How much does a 4-bedroom house cost in Oba Akran, Lagos?

Asking prices for a 4-bedroom house in Oba Akran, Lagos are around ₦363.4m; a 3-bedroom flat around ₦225.3m (October 2026).

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