Land prices in Alaba, Lagos
Alaba is a district in Mile 2, Surulere LGA, Lagos, in the lower-income zone. Residential land is about ₦88,000 per m², so a typical 600 m² plot is about ₦52.8m.
See Alaba on the satellite map, with postcodesAsk us on WhatsAppLand, building and rental values
| Typical 600 m² plot | ₦52.8m | residential |
| Land: residential | ₦88,000 | per m² |
| Land: commercial | ₦105,208 | per m² |
| Land: industrial | ₦160,690 | per m² |
| Building: 2-bed flat | ₦83.9m | asking price |
| Building: 3-bed flat | ₦97.4m | asking price |
| Building: 4-bed house | ₦161.7m | asking price |
| Building: 5-bed house | ₦299.1m | asking price |
| Rent: 1-bed / mini flat | ₦1m | per year |
| Rent: 2-bed flat | ₦2.1m | per year |
| Rent: 3-bed flat | ₦3m | per year |
| Rent: 4-bed house | ₦8m | per year |
| Rent: shop or office | ₦9,214 | per m² per year |
Surulere LGA as a whole: ₦404,000 per m² median. Coordinates 6.46590, 3.32300.
Questions people ask
How much is a plot of land in Alaba, Lagos?
A typical 600 m² residential plot in Alaba, Lagos is about ₦52.8m (around ₦88,000 per m²) in asking prices as of October 2026. Commercial land is about ₦105,208 per m². Source: Buildocrat Land Value Book, updated weekly.
How much is rent for a 3-bedroom flat in Alaba, Lagos?
About ₦3m a year for a 3-bedroom flat, ₦2.1m for a 2-bedroom flat and ₦1m for a 1-bedroom or mini flat (October 2026).
How much does a 4-bedroom house cost in Alaba, Lagos?
Asking prices for a 4-bedroom house in Alaba, Lagos are around ₦161.7m; a 3-bedroom flat around ₦97.4m (October 2026).