Omole Phase 2
Lagos property intelligence · data as of 8 June 2026
The most listed property class in Omole Phase 2 is the 2 bedrooms with 5 active listings. Median asking price is ₦50.0M. Median annual rent is ₦3.3M. That implies a gross yield of 6.5% before operating costs.
Prices by Bedroom Count
5 sale + 8 rental listings
1-Bed
Median Sale Price
—
0 listings
Median Rent / Year
₦1.8M
1 listing
2-Bed
Most ListedMedian Sale Price
₦50.0M
1 listing
Median Rent / Year
₦3.3M
4 listings
3-Bed
Median Sale Price
₦185.0M
1 listing
Median Rent / Year
—
0 listings
4-Bed
Median Sale Price
₦415.0M
2 listings
Median Rent / Year
₦24.0M
2 listings
5-Bed
Median Sale Price
₦700.0M
1 listing
Median Rent / Year
₦20.0M
1 listing
Overall Market Summary
Aggregated across all property classes. The bedroom breakdown above is more useful for actual decision-making.
Median Sale (All)
₦280.0M
₦50.0M – ₦700.0M
Median Rent (All)
₦5.8M
₦1.8M – ₦25.0M
Gross Yield
2.1%
All classes combined
Net Yield
-5.8%
After Lagos Reality Factor
Prices by Property Type
Flats, duplexes, detached houses, and other property types compared.
| Type | Median Sale | Median Rent/yr | Gross Yield | Sale | Rent |
|---|---|---|---|---|---|
| flat | — | ₦3.0M | — | 0 | 3 |
| other | ₦50.0M | ₦25.0M | 50.0% | 1 | 1 |
| duplex | — | ₦8.0M | — | 0 | 1 |
| detached | ₦490.0M | ₦20.0M | 4.1% | 2 | 1 |
| mini flat | — | ₦1.8M | — | 0 | 1 |
| semi detached | ₦367.5M | ₦23.0M | 6.3% | 2 | 1 |
Lagos Reality Factor
Omole Phase 2 falls in the affordable tier. These are the annual costs every landlord pays but no listing ever shows.
What this means: On a median rent of ₦5.8M/yr, these costs consume 195% of your gross rental income — reducing yield from 2.1% to -5.8%.
Omole Phase 2 Property FAQ
What is the average rent in Omole Phase 2?
The median annual asking rent in Omole Phase 2, Lagos is ₦5.8M, per Scout data as of 8 June 2026 (based on 8 rental listings).
What is the average property price in Omole Phase 2?
The median asking sale price in Omole Phase 2, Lagos is ₦280.0M, as of 8 June 2026 (based on 5 for-sale listings).
What is the rental yield in Omole Phase 2?
Omole Phase 2 has an implied gross rental yield of 2.1%, or about -5.8% net after Lagos operating costs (diesel, service charge, management).
How many listings is the Omole Phase 2 data based on?
These figures are derived from 13 active public property listings in Omole Phase 2, with outliers and duplicates removed (low confidence).