For Sale · Lekki — All Areas

Property for Sale in Lekki

Ikate Elegushi · Chevron Drive · VGC · Osapa London · Agungi · Igbo-Efon · Ikota · Ajah · Sangotedo. Verified listings with transparent price bands.

✓ Verified listings only ₦70M – ₦1.6B Chevron yields 5.85%

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Lekki price guide by area and property type

Guide prices based on verified listings across the Lekki corridor in 2026. Each micro-market has its own price band, buyer profile and rental yield.

Area	2–3 Bed Flat / Apartment	4 Bed Terrace / Semi-Det	4–5 Bed Detached	Land / sqm
Lekki Phase 1	₦250M – ₦550M	₦550M – ₦750M	₦800M – ₦1.6B	₦1.3M – ₦1.7M
Ikate Elegushi	₦200M – ₦350M	₦310M – ₦500M	₦700M – ₦1B	~₦1.08M
Chevron Drive	₦70M – ₦200M	₦150M – ₦350M	₦450M – ₦550M	~₦767K
VGC	₦95M – ₦250M	₦300M – ₦470M	₦330M – ₦1.3B	₦1M – ₦1.5M
Osapa London	₦180M – ₦260M	₦320M – ₦450M	₦550M – ₦1.6B	₦800K – ₦1.2M
Ajah	₦75M – ₦120M	₦95M – ₦170M	₦170M – ₦400M	₦450K – ₦800K

Lekki areas we cover

Each area below has its own buyer profile, price band and rental yield. Click through to the area you're interested in, or send us a brief and we'll match across the Lekki corridor.

Highest liquidity

Lekki Phase 1

Lagos Island's most liquid rental market. 5-year rent CAGR of 35.9%. Average 2-bed rent: ₦10M/annum. Land: ₦1.5M/sqm avg.

View Lekki Phase 1 →

Highest yield

Chevron Drive

Lagos' highest gross rental yields at 5.85%. Studio from ₦70M. 2-bed flats from ₦89M. 4-bed terraces from ₦150M. Strong investor demand.

Ikate Elegushi

Closest Lekki sub-area to Victoria Island. 2-bed serviced apartments from ₦200M. 3-bed penthouses from ₦350M. Popular with professionals.

Family favourite

Victoria Garden City (VGC)

Gated estate with 24/7 power, drainage, motorable roads and resident shuttles. 4-bed detached from ₦350M. 5–6 bed from ₦470M–₦1.3B.

Osapa London

Quiet residential enclave behind Northern Foreshore. Newer builds. 2-bed furnished from ₦180M. 5-bed duplex up to ₦1.6B off-plan. Yield: 4.28%.

Growth corridor

Ajah & Sangotedo

Lower entry points with strong infrastructure-driven upside. 2-bed flats avg ₦85M. 4-bed terraces ₦120M–₦170M. High appreciation potential.

Agungi

Established residential area between Lekki Phase 1 and Ikate. Mix of terraces and detached homes. Good rental demand from VI workers.

Igbo-Efon & Ikota

Quiet, well-drained residential pockets. Popular with families and returning diaspora. Lower density than Phase 1. Good value for larger plots.

Lekki Phase 2 / Ologolo

Best rental yield per naira spent in Lekki — a duplex here collects about twice the rent per naira of one in Osapa or Chevron. Emerging investor favourite.

Why buy in Lekki

Lekki leads Lagos in rental yields. Chevron Drive posts 5.85% gross yield — well ahead of Ikoyi at 3.09%. Lekki Phase 1 posts 3.95%, Osapa London 4.28%.
Strongest rental growth. Lekki Phase 1 recorded a five-year rent CAGR of 35.9% — the highest among Lagos Island prime submarkets. Average 2-bed rent hit ₦10M in 2026.
Land appreciation. Lekki Phase 1 land rose from ₦421K per sqm in 2022 to ₦1.5M in 2026 — a 256% increase. Land prices across the corridor continue to appreciate.

Infrastructure-driven upside. The Lekki Deep Sea Port, Free Trade Zones and new rail links are expected to drive property appreciation 18–35% faster than less connected areas.
Short-let demand. Lekki and Victoria Island lead Lagos short-let occupancy at 85–95% with net yields of 26–32%. Furnished 2–3 bed units dominate.
Rents run 3.4× Mainland levels. The Lekki corridor commands a premium that has held steady for years and continues to grow as supply tightens and demand expands.

How buying through us works

Send your brief

Name, WhatsApp, preferred area and budget. One minute on your phone.

We match

We send verified Lekki listings that fit your brief — across all areas, with prices.

Inspect

We arrange and attend the inspection with you. No upfront inspection fee.

Offer & title search

We present your offer, run the Lands Bureau search, and coordinate legal completion.

Frequently asked questions

Which area of Lekki is best for buying property?

For liquidity and rental yield, Chevron Drive and Lekki Phase 1 are strongest — Chevron currently posts the highest gross rental yields in Lagos at 5.85%. For value for money and appreciation headroom, Ajah and Sangotedo offer lower entry points with strong infrastructure-driven upside. For family living with security, VGC remains the benchmark estate. Ikate Elegushi suits buyers who want VI proximity. Osapa London attracts buyers who want newer builds in a quiet residential setting.

How much does a 4-bedroom duplex cost across Lekki?

Prices vary significantly by sub-area. A 4-bedroom terraced duplex in Chevron Drive starts around ₦150M. A semi-detached 4-bedroom in Chevron is ₦280M–₦350M. In VGC, 4-bedroom detached duplexes range from ₦350M upward, with 5-bedroom homes at ₦330M–₦1.3B. In Ikate Elegushi, 4-bedroom detached homes are listed up to ₦1B. In Ajah, 4-bedroom terraced duplexes range from ₦120M to ₦170M.

What is the average land price per sqm in Lekki?

Lekki Phase 1 land averages ₦1.5M per sqm in 2026, up 256% from ₦421K per sqm in 2022. In Ikate Elegushi, a 620 sqm dry land plot in a gated estate is listed at ₦670M, working out to roughly ₦1.08M per sqm. In Chevron Drive, a 15,000 sqm prime commercial land is listed at ₦11.5B, or ₦767K per sqm. Land prices in Ajah and Sangotedo are significantly lower, reflecting the growth-corridor premium.

Is Lekki a good place to invest in 2026?

Yes. The Lekki corridor leads Lagos in rental yields — Chevron records 5.85% gross yield, well ahead of Ikoyi at 3.09%. Lekki Phase 1 posted a five-year rent CAGR of 35.9%, the highest among Lagos Island prime submarkets. Land in Lekki Phase 1 appreciated 256% over five years. The Lekki Deep Sea Port, Free Trade Zones and new rail links are expected to drive property appreciation 18–35% faster than less connected areas.

How much is rent in Lekki on average?

Lekki rents run 3.4 times Mainland levels on average. A 2-bedroom flat in Lekki Phase 1 averages ₦10M per annum. In Osapa London, average annual rent for a 2-bedroom apartment is ₦3.8M, with gross rental yields of 4.28%. In Chevron, rental yields hit 5.85% — the highest in Lagos. Short-lets in Lekki deliver 26–32% net yields with 85–95% occupancy.

Do you cover all Lekki areas or just Lekki Phase 1?

We cover all Lekki areas — Phase 1, Phase 2, Ikate Elegushi, Chevron Drive, Chevy View, VGC, Osapa London, Agungi, Igbo-Efon, Ikota, Ajah, Sangotedo and surrounding estates. Our Lekki Phase 1 page focuses specifically on the Phase 1 micro-market; this page covers the broader Lekki corridor.