Eti-Osa LGA · 215 active listings · high confidence

Ajah

Real estate intelligence — verified weekly from active listings

Median Sale₦140.0M

Median Rent/yr₦3.5M

Gross Yield2.5%

Net Yield-13.0%After Lagos Reality Factor

Market Insight

The most listed property class in Ajah is the 4 bedrooms with 63 active listings. Median asking price is ₦150.0M. Median annual rent is ₦8.0M. That implies a gross yield of 5.3% before operating costs.

Historical Price Trend

Price Movement Over Time

Monthly median asking prices from 50 dated listings over 4 months

Listing volume by month

Breakdown by Class

Prices by Bedroom Count

95 sale + 113 rental listings

Studio

Median Sale Price

₦4.5M

1 listing

Median Rent / Year

₦950K

3 listings

Gross Yield21.1%

1-Bed

Median Sale Price

₦53.0M

6 listings

Median Rent / Year

₦1.6M

34 listings

Gross Yield2.9%

2-Bed

Median Sale Price

₦80.0M

11 listings

Median Rent / Year

₦3.5M

31 listings

Gross Yield4.4%

3-Bed

Median Sale Price

₦102.5M

20 listings

Median Rent / Year

₦5.0M

20 listings

Gross Yield4.9%

4-Bed

Most Listed

Median Sale Price

₦150.0M

38 listings

Median Rent / Year

₦8.0M

25 listings

Gross Yield5.3%

5-Bed

Median Sale Price

₦265.0M

18 listings

Median Rent / Year

—

0 listings

No rental data — yield unavailable

6-Bed

Median Sale Price

₦370.0M

1 listing

Median Rent / Year

—

0 listings

No rental data — yield unavailable

Aggregate View

Overall Market Summary

Aggregated across all property classes. The bedroom breakdown above is more useful for actual decision-making.

Median Sale (All)

₦140.0M

₦4.5M – ₦420.0M

Median Rent (All)

₦3.5M

₦400K – ₦12.0M

Gross Yield

2.5%

All classes combined

Net Yield

-13.0%

After Lagos Reality Factor

By Property Type

Prices by Property Type

Flats, duplexes, detached houses, and other property types compared.

Type	Median Sale	Median Rent/yr	Gross Yield	Sale	Rent
flat	₦87.5M	₦2.7M	3.1%	14	29
other	₦110.0M	₦5.0M	4.5%	13	26
duplex	₦192.5M	₦5.0M	2.6%	8	11
studio	₦4.5M	₦975K	21.7%	1	4
terrace	₦110.0M	₦6.5M	5.9%	22	13
bungalow	₦72.0M	₦4.8M	6.6%	1	4
detached	₦250.0M	₦9.0M	3.6%	23	4
mini flat	₦53.0M	₦1.9M	3.6%	2	14
self contain	—	₦900K	—	0	11
semi detached	₦160.0M	₦9.5M	5.9%	11	4

True Cost of Ownership

Lagos Reality Factor

Ajah falls in the affordable tier. These are the annual costs every landlord pays but no listing ever shows.

Diesel / Generator₦20.7M

Estate Service Charge₦500K

Management Fee (10%)₦350K

Maintenance Reserve (5%)₦175K

Total Annual Operating Costs₦21.7M

What this means: On a median rent of ₦3.5M/yr, these costs consume 621% of your gross rental income — reducing yield from 2.5% to -13.0%.

How to read this data: All prices are medians of current asking prices, broken down by bedroom count and property type so you compare like-for-like. Yields are implied from median asking prices and rents. Read our full methodology →