Live Data Feed
Lekki Phase 1: • 552 listings tracked • Median rent ₦11.0M/yr • Yield 4.1%Chevron / Lekki: • 270 listings tracked • Median rent ₦7.0M/yr • Yield 3.9%Ikoyi: • 244 listings tracked • Median rent ₦45.0M/yr • Yield 3.2%Ajah: • 215 listings tracked • Median rent ₦3.5M/yr • Yield 2.5%Ikate: • 165 listings tracked • Median rent ₦13.0M/yr • Yield 6.0%Victoria Island: • 154 listings tracked • Median rent ₦30.0M/yr • Yield 5.5%Banana Island: • 106 listings tracked • Median rent ₦60.0M/yr • Yield 2.9%Sangotedo: • 104 listings tracked • Median rent ₦4.5M/yr • Yield 3.2%Lekki Phase 1: • 552 listings tracked • Median rent ₦11.0M/yr • Yield 4.1%Chevron / Lekki: • 270 listings tracked • Median rent ₦7.0M/yr • Yield 3.9%Ikoyi: • 244 listings tracked • Median rent ₦45.0M/yr • Yield 3.2%Ajah: • 215 listings tracked • Median rent ₦3.5M/yr • Yield 2.5%Ikate: • 165 listings tracked • Median rent ₦13.0M/yr • Yield 6.0%Victoria Island: • 154 listings tracked • Median rent ₦30.0M/yr • Yield 5.5%Banana Island: • 106 listings tracked • Median rent ₦60.0M/yr • Yield 2.9%Sangotedo: • 104 listings tracked • Median rent ₦4.5M/yr • Yield 3.2%
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Scout.ngReal Estate Intelligence
Eti-Osa LGA · 22 active listings · medium confidence

Lekki Phase 2

Real estate intelligence — verified weekly from active listings

Median Sale₦280.0M
Median Rent/yr₦9.0M
Gross Yield3.2%
Net Yield-5.2%After Lagos Reality Factor
Market Insight

The most listed property class in Lekki Phase 2 is the 4 bedrooms with 7 active listings. Median annual rent is ₦10.0M.

Breakdown by Class

Prices by Bedroom Count

7 sale + 13 rental listings

1-Bed

Median Sale Price

₦80.0M

1 listing

Median Rent / Year

₦3.5M

1 listing

Gross Yield4.4%

2-Bed

Median Sale Price

₦95.0M

1 listing

Median Rent / Year

₦3.0M

1 listing

Gross Yield3.2%

3-Bed

Median Sale Price

—

0 listings

Median Rent / Year

₦12.3M

4 listings

No sale data — yield unavailable

4-Bed

Most Listed

Median Sale Price

—

0 listings

Median Rent / Year

₦10.0M

7 listings

No sale data — yield unavailable

5-Bed

Median Sale Price

₦350.0M

5 listings

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)

₦280.0M

₦80.0M – ₦600.0M

Median Rent (All)

₦9.0M

₦2.7M – ₦17.0M

Gross Yield

3.2%

All classes combined

Net Yield

-5.2%

After Lagos Reality Factor

By Property Type

Prices by Property Type

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

TypeMedian SaleMedian Rent/yrGross YieldSaleRent
flat₦87.5M₦9.3M10.6%22
other—₦3.1M—02
duplex—₦4.5M—04
mansion₦450.0M——30
terrace—₦9.8M—06
detached₦310.0M——20
semi detached—₦11.0M—01
True Cost of Ownership

Lagos Reality Factor

Lekki Phase 2 falls in the mid_range tier. These are the annual costs every landlord pays but no listing ever shows.

Diesel / Generator₦20.7M
Estate Service Charge₦1.6M
Management Fee (10%)₦900K
Maintenance Reserve (5%)₦450K
Total Annual Operating Costs₦23.7M

What this means: On a median rent of ₦9.0M/yr, these costs consume 263% of your gross rental income — reducing yield from 3.2% to -5.2%.

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 →