📞 0908 008 8779 WhatsApp
For Sale · Victoria Island

Property for Sale in Victoria Island

Apartments, duplexes, penthouses, commercial and land. Oniru · VI Central · Eko Atlantic · Adeola Odeku · Akin Adesola · 1004 Estate. Transparent price bands. Sourced and negotiated on your behalf.

✓ Verified listings only ₦180M – ₦2B+ 5-yr rent CAGR: 33.5%

Tell us what you're looking for

Describe your requirement and we'll come back with matched options — usually within one business hour.

No spam. No reCAPTCHA. We reply within 1 business hour.

Prefer to call? 0908 008 8779

Verified listings only Office: 26b Abike Sulaiman St, Lekki Phase 1 Lands Bureau search supported Mon–Sat, 8am–6pm

Current price bands in Victoria Island

Guide prices based on verified listings and the Lagos Island Residential Market Report 2026. The average selling price of a 3-bedroom apartment in Victoria Island is ₦612.5 million. Land averages ₦2.1 million per sqm, up 197.87% from ₦705,000 in 2022.

Property typeTypical sizePrice band
1-bedroom apartment60 – 90 sqm₦220M – ₦350M
2-bedroom apartment100 – 150 sqm₦290M – ₦550M
3-bedroom apartment160 – 250 sqm₦390M – ₦750M
3-bedroom penthouse (off-plan, Oniru)200 – 280 sqm₦650M
4-bedroom apartment / penthouse260 – 420 sqm₦1B – ₦2B
4-bedroom terraced duplex (Oniru)250 – 350 sqm₦700M – ₦750M
4-bedroom semi-detached duplex280 – 400 sqm₦1.2B
Terraced duplex (1004 Estate)200 – 300 sqm₦250M – ₦280M
Land (per sqm, average)—₦2.1M per sqm
Land — off Adeola Odeku1,650 sqm₦2.6M per sqm
Eko Atlantic land (per sqm)—$1,400 – $3,200

Victoria Island sub-locations we cover

Victoria Island has distinct micro-markets. Oniru leads with 89.1% of VI search volume and the deepest residential stock. VI Central anchors the commercial corridor. Eko Atlantic is the purpose-built, long-horizon investment play.

Oniru

The deepest residential micro-market in VI. Beach access, gated estates, strong rental demand. 2-bed from ₦350M. 3-bed penthouse off-plan at ₦650M. 4-bed terrace at ₦700M–₦750M.

VI Central

The commercial and mixed-use core. Office, retail and residential density. Prime land off Adeola Odeku at ₦2.6M/sqm. Strong corporate tenant demand and capital preservation.

Eko Atlantic

Purpose-built infrastructure, independent power and clean title framework. Land from $1,400 to $3,200 per sqm. Long-horizon appreciation play with high entry prices.

Adeola Odeku / Akin Adesola

The prime commercial corridor anchoring the luxury market. Ground-floor retail, offices and residential above. High-rise development potential. Land from ₦2.5M/sqm.

1004 Estate

Established, well-managed gated estate. Terraced duplexes from ₦250M–₦280M. Popular with corporate tenants and diaspora buyers. Strong resale liquidity.

Ozumba Mbadiwe & Waterfront

High-end waterfront frontage. Penthouses and luxury apartments with lagoon views. Short-let premium and expatriate demand. Land prices at the top of the VI range.

Why buy in Victoria Island

  • Second-highest rent growth on Lagos Island. Victoria Island recorded a five-year rent CAGR of 33.5% — behind only Lekki Phase 1 at 35.9%, and ahead of Ikate at 29.6% and Ikoyi at 22.6%.
  • Rents more than doubled in four years. Average annual rent for a 2-bedroom apartment reached ₦15 million in 2026, up from ₦6.57 million in 2022 — a 128.31% increase. 3-bedroom units rent for ₦25M.
  • Land appreciation of 197.87%. VI land rose from ₦705,000 per sqm in 2022 to ₦2.1 million in 2026. Prime Adeola Odeku plots are listed at ₦2.6M per sqm.
  • Strong rental yields. VI delivers 4.59% gross yield overall. 2-bedroom flats show 5.9% gross and 4.1% net — significantly higher than Ikoyi's 3.09%. Short-lets deliver 24–30% net with 85–95% occupancy.
  • Commercial gravity. VI is Lagos' business core. Grade A offices command $55/sqm/month minimum. Corporate tenants sign multi-year leases with lower default risk than individual tenants.
  • Eko Atlantic upside. Purpose-built infrastructure, independent power, clean title and the Lagos–Calabar Coastal Road now provides direct movement between VI, Eko Atlantic and Bluewater Okunde.

How buying through us works

Send your brief

Name, WhatsApp, requirement and budget. One minute on your phone.

We match

We send verified VI listings that fit your brief — with prices, not "DM for price".

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

How much is a 3-bedroom apartment in Victoria Island?
The average selling price of a 3-bedroom apartment in Victoria Island reached approximately ₦612.5 million in 2026. Prices range from ₦180 million for older blocks to ₦750 million for newly built serviced units. Fully fitted luxury 3-bedroom apartments with BQ in Oniru are listed at ₦390 million. The range depends on building age, finishing, service charge and location within VI.
What is the price of land per sqm in Victoria Island?
Victoria Island land averages ₦2.1 million per square metre in 2026, up from ₦705,000 per square metre in 2022 — a 197.87% increase over four years. Prime plots off Adeola Odeku are listed at ₦2.6 million per sqm. Mixed-use land is available from ₦2 million per sqm. In Eko Atlantic, land ranges from $1,400 to $3,200 per sqm depending on plot size and location.
Is Victoria Island a good investment in 2026?
Yes. Victoria Island recorded a five-year rent CAGR of 33.5% — the second-highest among Lagos Island submarkets after Lekki Phase 1 at 35.9%. Average annual rent for a 2-bedroom apartment reached ₦15 million in 2026, up from ₦6.57 million in 2022. Gross rental yields are 4.59% overall, with 2-bedroom flats showing 5.9% gross and 4.1% net. Short-lets in VI deliver 24–30% net yields with 85–95% occupancy. Capital appreciation for luxury segments is expected at 5–10%.
Which area of Victoria Island is best for buyers?
Oniru is best for residential lifestyle with beach access, gated estates and the deepest residential rental stock. VI Central is best for commercial and mixed-use buyers who want office and retail exposure. Eko Atlantic is best for long-horizon investors seeking purpose-built infrastructure, independent power and clean title. 1004 Estate offers value with terraced duplexes from ₦250M–₦280M. Adeola Odeku and Akin Adesola anchor the prime commercial corridor.
What is the price of a 4-bedroom duplex in Victoria Island?
A 4-bedroom semi-detached duplex with BQ in Victoria Island is listed at ₦1.2 billion. A 4-bedroom terraced duplex in Oniru is available at ₦700 million. A newly built 4-bedroom terrace house with BQ in Oniru is listed at ₦750 million. A luxury 4-bedroom fully fitted maisonette penthouse is listed at ₦2 billion. Prices depend on whether the property is in Oniru, VI Central or a gated estate.
Do you cover Oniru and Eko Atlantic?
Yes. We cover the entire Victoria Island market including Oniru, VI Central, Eko Atlantic, Adeola Odeku, Akin Adesola, 1004 Estate and surrounding streets. Our coverage includes residential apartments, duplexes, penthouses, commercial buildings, and land.
Do you charge buyers an inspection fee?
No. Inspections are free. Our fee is disclosed in writing before you make an offer, and is typically 1–2% on sales.

Looking for something specific in Victoria Island?

Send us your brief on WhatsApp. We'll come back with verified VI options and prices within one business hour.

Chat on WhatsApp 📞 0908 008 8779
Call WhatsApp