Land prices in Ajao Estate, Lagos
Ajao Estate is a gated estate in Mafoluku, Oshodi, Oshodi/Isolo LGA, Lagos, in the high-income zone. Residential land is about ₦510,000 per m², so a typical 600 m² plot is about ₦306m.
See Ajao Estate on the satellite map, with postcodesAsk us on WhatsAppLand, building and rental values
| Typical 600 m² plot | ₦306m | residential |
| Land: residential | ₦510,000 | per m² |
| Land: commercial | ₦701,250 | per m² |
| Land: industrial | ₦542,532 | per m² |
| Building: 2-bed flat | ₦166.5m | asking price |
| Building: 3-bed flat | ₦200.9m | asking price |
| Building: 4-bed house | ₦330.1m | asking price |
| Building: 5-bed house | ₦538.5m | asking price |
| Rent: 1-bed / mini flat | ₦1.9m | per year |
| Rent: 2-bed flat | ₦4.3m | per year |
| Rent: 3-bed flat | ₦6.3m | per year |
| Rent: 4-bed house | ₦16.3m | per year |
| Rent: shop or office | ₦61,929 | per m² per year |
Oshodi/Isolo LGA as a whole: ₦224,000 per m² median. Coordinates 6.54580, 3.32350.
Questions people ask
How much is a plot of land in Ajao Estate, Lagos?
A typical 600 m² residential plot in Ajao Estate, Lagos is about ₦306m (around ₦510,000 per m²) in asking prices as of October 2026. Commercial land is about ₦701,250 per m². Source: Buildocrat Land Value Book, updated weekly.
How much is rent for a 3-bedroom flat in Ajao Estate, Lagos?
About ₦6.3m a year for a 3-bedroom flat, ₦4.3m for a 2-bedroom flat and ₦1.9m for a 1-bedroom or mini flat (October 2026).
How much does a 4-bedroom house cost in Ajao Estate, Lagos?
Asking prices for a 4-bedroom house in Ajao Estate, Lagos are around ₦330.1m; a 3-bedroom flat around ₦200.9m (October 2026).