Land prices in Oba Adeboruwa Housing Estate, Lagos
Oba Adeboruwa Housing Estate is a gated estate in Morekete, Ikorodu, Ikorodu LGA, Lagos, in the lower-income zone. Residential land is about ₦50,000 per m², so a typical 600 m² plot is about ₦30m.
See Oba Adeboruwa Housing Estate on the satellite map, with postcodesAsk us on WhatsAppLand, building and rental values
| Typical 600 m² plot | ₦30m | residential |
| Land: residential | ₦50,000 | per m² |
| Land: commercial | ₦142,655 | per m² |
| Land: industrial | ₦71,058 | per m² |
| Building: 2-bed flat | ₦54.5m | asking price |
| Building: 3-bed flat | ₦82.8m | asking price |
| Building: 4-bed house | ₦114.9m | asking price |
| Building: 5-bed house | ₦143.3m | asking price |
| Rent: 1-bed / mini flat | ₦814,716 | per year |
| Rent: 2-bed flat | ₦1.6m | per year |
| Rent: 3-bed flat | ₦2.6m | per year |
| Rent: 4-bed house | ₦5.9m | per year |
| Rent: shop or office | ₦16,243 | per m² per year |
Ikorodu LGA as a whole: ₦35,400 per m² median. Coordinates 6.56410, 3.53630.
Questions people ask
How much is a plot of land in Oba Adeboruwa Housing Estate, Lagos?
A typical 600 m² residential plot in Oba Adeboruwa Housing Estate, Lagos is about ₦30m (around ₦50,000 per m²) in asking prices as of October 2026. Commercial land is about ₦142,655 per m². Source: Buildocrat Land Value Book, updated weekly.
How much is rent for a 3-bedroom flat in Oba Adeboruwa Housing Estate, Lagos?
About ₦2.6m a year for a 3-bedroom flat, ₦1.6m for a 2-bedroom flat and ₦814,716 for a 1-bedroom or mini flat (October 2026).
How much does a 4-bedroom house cost in Oba Adeboruwa Housing Estate, Lagos?
Asking prices for a 4-bedroom house in Oba Adeboruwa Housing Estate, Lagos are around ₦114.9m; a 3-bedroom flat around ₦82.8m (October 2026).