Land prices in Royal Estate, Lagos
Royal Estate is a gated estate in Ayetoro, Ikorodu, Ikorodu LGA, Lagos, in the lower-income zone. Residential land is about ₦25,000 per m², so a typical 600 m² plot is about ₦15m.
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| Typical 600 m² plot | ₦15m | residential |
| Land: residential | ₦25,000 | per m² |
| Land: commercial | ₦71,328 | per m² |
| Land: industrial | ₦43,741 | per m² |
| Building: 2-bed flat | ₦42.2m | asking price |
| Building: 3-bed flat | ₦63.3m | asking price |
| Building: 4-bed house | ₦86.6m | asking price |
| Building: 5-bed house | ₦100.4m | asking price |
| Rent: 1-bed / mini flat | ₦619,870 | per year |
| Rent: 2-bed flat | ₦1.2m | per year |
| Rent: 3-bed flat | ₦1.9m | per year |
| Rent: 4-bed house | ₦4.5m | per year |
| Rent: shop or office | ₦8,121 | per m² per year |
Ikorodu LGA as a whole: ₦35,400 per m² median. Coordinates 6.66200, 3.58380.
Questions people ask
How much is a plot of land in Royal Estate, Lagos?
A typical 600 m² residential plot in Royal Estate, Lagos is about ₦15m (around ₦25,000 per m²) in asking prices as of October 2026. Commercial land is about ₦71,328 per m². Source: Buildocrat Land Value Book, updated weekly.
How much is rent for a 3-bedroom flat in Royal Estate, Lagos?
About ₦1.9m a year for a 3-bedroom flat, ₦1.2m for a 2-bedroom flat and ₦619,870 for a 1-bedroom or mini flat (October 2026).
How much does a 4-bedroom house cost in Royal Estate, Lagos?
Asking prices for a 4-bedroom house in Royal Estate, Lagos are around ₦86.6m; a 3-bedroom flat around ₦63.3m (October 2026).