Off-plan property market intelligence: 57 active developments tracked.
Lekki Phase 1 has 57 off-plan developments tracked on this platform, with 107 units on record (105 currently marked available). Verified prices average ₦2.27M per square metre across 55 unit prices. The median priced unit is ₦310M.
This summary is generated from our tracked data.
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.
The middle half of priced units in Lekki Phase 1 cost between ₦260M and ₦450M.
| Unit type | Units | Share of units | Median price | Average size |
|---|---|---|---|---|
| 1 bedroom | 13 | 12% |
₦199M · 13 | 74 sqm · 7 |
| 2 bedroom | 54 | 50% |
₦299M · 51 | 146 sqm · 30 |
| 3 bedroom | 26 | 24% |
₦399.5M · 24 | 222 sqm · 15 |
| 4 bedroom | 12 | 11% |
₦680M · 11 | 348 sqm · 7 |
| 5+ bedroom | 2 | 2% |
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.
37 projects with a stated date; 20 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.
Latest recorded stage for each project.
| Market | Projects | Avg per sqm | Against Lekki Phase 1 | |
|---|---|---|---|---|
| Oniru | 10 | ₦2.57M · 12 | 13% higher | |
| Victoria Island | 66 | ₦3.74M · 125 | 64% higher | Compare → |
| Ikate | 10 | ₦1.71M · 3 | 25% lower | |
| Lekki | 42 | ₦2.15M · 10 | 5% lower | Compare → |
The small figure beside each average is the number of verified prices behind it. Sub-markets overlap the wider area they sit inside.
These points are calculated from tracked data and update as the data does.
₦2.27M, based on 55 verified unit prices with a recorded floor area.
57 active developments and 107 units, of which 105 are currently marked available.
The median priced unit is ₦310M, and the middle half of priced units cost between ₦260M and ₦450M (101 priced units).
The most common unit type is the 2 bedroom (50% of units). Average floor area is 189 sqm across 60 units with a recorded size.
Of 37 projects with a stated completion date, the largest groups fall in 2025 (7), 2026 (12), 2027 (12). 20 have no date recorded yet.
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