Land prices in Ebute Metta, Lagos
Ebute Metta is a district in Lagos Island, Lagos Mainland LGA, Lagos, in the high-income zone. Residential land is about ₦490,000 per m², so a typical 600 m² plot is about ₦294m.
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| Typical 600 m² plot | ₦294m | residential |
| Land: residential | ₦490,000 | per m² |
| Land: commercial | ₦579,705 | per m² |
| Land: industrial | ₦604,539 | per m² |
| Building: 2-bed flat | ₦160.9m | asking price |
| Building: 3-bed flat | ₦203.1m | asking price |
| Building: 4-bed house | ₦351.8m | asking price |
| Building: 5-bed house | ₦978.7m | asking price |
| Rent: 1-bed / mini flat | ₦2.1m | per year |
| Rent: 2-bed flat | ₦4.7m | per year |
| Rent: 3-bed flat | ₦6.9m | per year |
| Rent: 4-bed house | ₦16.9m | per year |
| Rent: shop or office | ₦51,219 | per m² per year |
Lagos Mainland LGA as a whole: ₦508,000 per m² median. Coordinates 6.48160, 3.37470.
Questions people ask
How much is a plot of land in Ebute Metta, Lagos?
A typical 600 m² residential plot in Ebute Metta, Lagos is about ₦294m (around ₦490,000 per m²) in asking prices as of October 2026. Commercial land is about ₦579,705 per m². Source: Buildocrat Land Value Book, updated weekly.
How much is rent for a 3-bedroom flat in Ebute Metta, Lagos?
About ₦6.9m a year for a 3-bedroom flat, ₦4.7m for a 2-bedroom flat and ₦2.1m for a 1-bedroom or mini flat (October 2026).
How much does a 4-bedroom house cost in Ebute Metta, Lagos?
Asking prices for a 4-bedroom house in Ebute Metta, Lagos are around ₦351.8m; a 3-bedroom flat around ₦203.1m (October 2026).