Land prices in UNILAG Estate, Lagos
UNILAG Estate is a gated estate in Magodo Phase 2, Ketu, Kosofe LGA, Lagos, in the prime zone. Residential land is about ₦1.1m per m², so a typical 600 m² plot is about ₦660m. Location approximate (taken from listing addresses).
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| Typical 600 m² plot | ₦660m | residential |
| Land: residential | ₦1.1m | per m² |
| Land: commercial | ₦1.5m | per m² |
| Land: industrial | ₦932,195 | per m² |
| Building: 2-bed flat | ₦183.2m | asking price |
| Building: 3-bed flat | ₦300.5m | asking price |
| Building: 4-bed house | ₦513.6m | asking price |
| Building: 5-bed house | ₦811.4m | asking price |
| Rent: 1-bed / mini flat | ₦3m | per year |
| Rent: 2-bed flat | ₦6m | per year |
| Rent: 3-bed flat | ₦9.3m | per year |
| Rent: 4-bed house | ₦23.3m | per year |
| Rent: shop or office | ₦145,455 | per m² per year |
Kosofe LGA as a whole: ₦242,000 per m² median. Coordinates 6.61300, 3.36520.
Questions people ask
How much is a plot of land in UNILAG Estate, Lagos?
A typical 600 m² residential plot in UNILAG Estate, Lagos is about ₦660m (around ₦1.1m per m²) in asking prices as of October 2026. Commercial land is about ₦1.5m per m². Source: Buildocrat Land Value Book, updated weekly.
How much is rent for a 3-bedroom flat in UNILAG Estate, Lagos?
About ₦9.3m a year for a 3-bedroom flat, ₦6m for a 2-bedroom flat and ₦3m for a 1-bedroom or mini flat (October 2026).
How much does a 4-bedroom house cost in UNILAG Estate, Lagos?
Asking prices for a 4-bedroom house in UNILAG Estate, Lagos are around ₦513.6m; a 3-bedroom flat around ₦300.5m (October 2026).