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%
S
Scout.ngReal Estate Intelligence
Yaba LGA · 39 active listings · medium confidence

Yaba

Real estate intelligence — verified weekly from active listings

Median Sale₦150.0M
Median Rent/yr₦3.1M
Gross Yield2.1%
Net Yield-12.4%After Lagos Reality Factor
Market Insight

The most listed property class in Yaba is the 2 bedrooms with 14 active listings. Median asking price is ₦150.0M. Median annual rent is ₦4.5M. That implies a gross yield of 3.0% before operating costs.

Breakdown by Class

Prices by Bedroom Count

22 sale + 14 rental listings

Studio

Median Sale Price

₦18.0M

2 listings

Median Rent / Year

0 listings

No rental data — yield unavailable

1-Bed

Median Sale Price

₦10.5M

3 listings

Median Rent / Year

₦2.5M

5 listings

Gross Yield23.8%

2-Bed

Most Listed

Median Sale Price

₦150.0M

7 listings

Median Rent / Year

₦4.5M

7 listings

Gross Yield3.0%

3-Bed

Median Sale Price

₦170.0M

9 listings

Median Rent / Year

₦6.0M

2 listings

Gross Yield3.5%

4-Bed

Median Sale Price

₦250.0M

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)

₦150.0M

₦5.0M – ₦300.0M

Median Rent (All)

₦3.1M

₦1.0M – ₦7.0M

Gross Yield

2.1%

All classes combined

Net Yield

-12.4%

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₦150.0M₦5.0M3.3%125
other₦185.0M₦3.0M1.6%55
duplex₦4.5M01
studio₦18.0M20
terrace₦250.0M₦5.5M2.2%11
mini flat₦45.3M₦2.3M5.0%22
self contain₦5.0M₦1.6M33.0%12
True Cost of Ownership

Lagos Reality Factor

Yaba 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%)₦310K
Maintenance Reserve (5%)₦155K
Total Annual Operating Costs₦21.7M

What this means: On a median rent of ₦3.1M/yr, these costs consume 699% of your gross rental income — reducing yield from 2.1% to -12.4%.

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 →