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Ikate

Off-plan property market intelligence: 10 active developments tracked, within its wider area.

Overview

About Ikate

Ikate has 10 off-plan developments tracked on this platform, with 18 units on record (18 currently marked available). Verified prices average ₦1.71M per square metre across 3 unit prices. The median priced unit is ₦195M.

This summary is generated from our tracked data.

10
Tracked off-plan projects
18
Available units, of 18 tracked
₦1.71M
Avg per sqm · 3 prices
₦195M
Median unit price · 17 units
168 sqm
Average unit size · 4 units

Price per square metre is based on verified unit prices with recorded floor areas. Figures are estimates based on tracked listing data and may not reflect final transaction prices. "Available" reflects each unit's status in our records.

Prices and unit types

What is on offer

The middle half of priced units in Ikate cost between ₦155M and ₦250M.

Unit typeUnitsShare of unitsMedian priceAverage size
1 bedroom 5
28%
₦107.5M · 4 Too few sizes
2 bedroom 7
39%
₦180M · 7 Too few sizes
3 bedroom 4
22%
₦250M · 4 Too few sizes
4 bedroom 2
11%
Too few prices Too few sizes

The small figure beside each price or size is how many units it is based on. Units without a recorded price or floor area are left out of that column.

Completion pipeline

When projects are expected

By stated completion year
2026 5
2027 4

9 projects with a stated date; 1 with no date recorded. A year marked "date passed" means the stated completion date is behind us and the project is still listed as in progress.

By construction stage
Foundation 2Structure 2

Latest recorded stage for each project.

Selected projects

Projects to look at in Ikate

All 10 developments →
Nearby markets

Ikate against its neighbours

MarketProjectsAvg per sqmAgainst Ikate
Lekki Phase 1 57 ₦2.27M · 55 33% higher
Lekki 42 ₦2.15M · 10 25% higher

The small figure beside each average is the number of verified prices behind it. Sub-markets overlap the wider area they sit inside.

Market commentary

What the numbers say

These points are calculated from tracked data and update as the data does.

Questions

Frequently asked questions

What is the average price per square metre in Ikate?

₦1.71M, based on 3 verified unit prices with a recorded floor area.

How many off-plan projects are tracked in Ikate?

10 active developments and 18 units, of which 18 are currently marked available.

What do off-plan units in Ikate typically cost?

The median priced unit is ₦195M, and the middle half of priced units cost between ₦155M and ₦250M (17 priced units).

What sizes and unit types are available in Ikate?

The most common unit type is the 2 bedroom (39% of units). Average floor area is 168 sqm across 4 units with a recorded size.

When are projects in Ikate due for completion?

Of 9 projects with a stated completion date, the largest groups fall in 2026 (5), 2027 (4). 1 have no date recorded yet.

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All developments

More developments in Ikate