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Land Prices in Lekki, Ajah, and Ikoyi: A 2025 Guide for Investors

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Land Prices in Lekki, Ajah, and Ikoyi: A 2025 Guide for Investors

by Dennis Isong

If you’re thinking of buying land in Lagos this 2025, three names will almost certainly pop up in your research—Lekki, Ajah, and Ikoyi. These locations are more than just popular; they’re strategic hotspots in the Lagos property market. Whether you’re a first-time investor or someone looking to expand their portfolio, understanding the land prices in Lekki, Ajah,

and Ikoyi is crucial for making smart decisions.
But let’s be honest, Lagos real estate isn’t what it used to be. It has changed—dramatically. The days when you could buy land in Lekki for peanuts are long gone. But even now, despite the rising prices, opportunities still exist for those who know where to look and how to act fast.

Why These Three Locations Matter

Let’s start with why Lekki, Ajah, and Ikoyi remain top contenders for land investment in 2025. Lagos is moving. Not physically, but in value, vision, and volume. Infrastructure developments, rising population, tech hubs, and a steady influx of both local and diaspora investors have transformed Lagos from just another city into a regional economic powerhouse.

Now, Lekki is no longer that quiet area with bad roads and bushy paths. It’s home to the Lekki Deep Sea Port, Dangote Refinery, and several residential estates that could pass for cityscapes in Dubai. Ajah, just a short drive away, has become the middle-class darling. And Ikoyi? Ikoyi is still Ikoyi—old money, elite appeal, and luxury everything.

What’s Really Happening to Land Prices in 2025?

Let’s take a look at the reality on ground.

In Lekki, especially in areas like Lekki Phase 1, Chevron, and the new Lekki Free Trade Zone axis, land prices have been climbing gradually but steadily. As of early 2025, prices in Lekki Phase 1 range from ₦500,000 to ₦1.2 million per square metre, depending on the specific street, title, and access to infrastructure. Lands in Chevron and Orchid Road axis are slightly less expensive but catching up fast. If you’re looking at the Ibeju-Lekki corridor, expect anything between ₦10 million and ₦25 million per plot, depending on proximity to the expressway and development.

Ajah remains a middle-ground option for savvy investors. It’s not as pricey as Lekki Phase 1, but it’s also not exactly cheap. The Sangotedo axis, Abraham Adesanya Estate, and Badore areas have witnessed a spike in demand due to improved road access and urban sprawl. In 2025, land prices in Ajah typically hover between ₦20 million to ₦60 million per plot, depending on the estate, title, and nearness to major landmarks. You won’t find ridiculous bargains anymore, but with the right guide (yes, someone like me), you can still spot a sweet deal before it becomes public knowledge.

Ikoyi, on the other hand, is a different ballgame. It is not for the faint-hearted or small-budget investor. The entry point is high, and the bar keeps rising. You’ll find land prices ranging between ₦1.5 million to ₦3 million per square metre, and that’s on a good day. Locations like Banana Island, Bourdillon, and Osborne Foreshore Phase 2 continue to attract top-tier investors, diplomats, and high-net-worth individuals. If you have the money and the patience to go through proper documentation and title verification, owning a piece of Ikoyi can be one of the most rewarding decisions you make in your lifetime.

What Influences the Price Differences?

Now, why such a difference in land prices between Lekki, Ajah, and Ikoyi?

One word: Value. But value is influenced by multiple things—title, infrastructure, security, social class, and future potential. For instance, a plot with a Certificate of Occupancy or Governor’s Consent in Lekki will cost significantly more than a plot with just a receipt and survey plan in Ajah.

The government’s road expansion projects, proximity to business hubs, and the rise of luxury developments also influence prices. In 2025, people are paying more not just for the land, but for the lifestyle and convenience the land offers. A cornerpiece plot near the Lekki Conservation Centre may cost more than a same-sized plot further down the same road simply because of its visibility and commercial potential.

Should You Still Buy Land in These Areas in 2025?

Absolutely—but do it smartly.

If you wait for the “perfect time,” you might end up pricing yourself out. The truth is, there’s rarely a perfect time. Lekki still has a few pockets of underpriced lands—especially in the Free Trade Zone area and around Eleko junction. Ajah remains ideal for middle-income earners who want a blend of comfort and affordability. And Ikoyi, while expensive, offers long-term capital appreciation and prestige that few other areas can boast of.

The game has changed, yes. But the rules remain the same: buy in growing locations, verify titles properly, and work with a professional who knows the terrain.

Be Wary, But Don’t Be Afraid

Yes, the market has scammers. Yes, you need to double-check documents. But that’s not a reason to fold your arms and watch land slip away. If anything, it’s a reason to be more proactive. It’s 2025, and technology now allows for better verification, safer transactions, and transparency like never before.

You don’t have to break the bank. You just need to position yourself early. The person who bought land in Sangotedo in 2020 is smiling in 2025. In five years’ time, people will say the same thing about those who buy today.

A Word from Someone Who’s in the Trenches

I’ve seen people cry tears of joy and tears of regret in this business. Those who took bold but smart steps often end up celebrating. Those who hesitated or tried to cut corners usually return with “had I known” stories.

So if you’re seriously considering investing in land in Lekki, Ajah, or Ikoyi, don’t just read guides and scroll through listings. Talk to someone who understands the terrain, has walked the streets, asked the hard questions, and seen the real documents.

And yes, that someone could be me. You see, land isn’t just land in Lagos. It’s a story, a future, a retirement plan, a legacy. Whether you want to build now or land-bank for a few years, knowing the land prices in Lekki, Ajah, and Ikoyi will help you make wiser decisions in 2025.

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Adron Group Chairman Celebrates Business Icon Otunba Muraina Banjoko at 65

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Adron Group Chairman Celebrates Business Icon Otunba Muraina Banjoko at 65 (more…)

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Aare Adetola Emmanuelking Hails Prof. Abayomi Arigbabu’s Impact on Education as He Marks Birthday

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Aare Adetola Emmanuelking Hails Prof. Abayomi Arigbabu’s Impact on Education as He Marks Birthday

The Chairman/GCEO of Adron Group, Aare Adetola Emmanuelking, has paid glowing tribute to the Honourable Commissioner for Education, Science and Technology, Ogun State, Professor Abayomi Arigbabu, describing him as one of the foremost architects of educational transformation whose leadership continues to redefine learning and human capital development in the Gateway State.

In a heartfelt birthday message, the renowned real estate entrepreneur commended Professor Arigbabu for his exceptional blend of scholarship, administrative excellence, and visionary public service, noting that his stewardship of the education sector has continued to inspire confidence in the future of education in Ogun State.

According to Aare Adetola Emmanuelking, Professor Arigbabu has distinguished himself as an education reformer whose policies and programmes have consistently advanced academic excellence, strengthened institutional standards, promoted innovation, and positioned education as a strategic driver of sustainable development.

“Professor Abayomi Arigbabu exemplifies the ideals of visionary leadership. His dedication to improving educational outcomes and empowering the next generation through quality learning continues to leave an indelible mark on Ogun State and Nigeria as a whole. His legacy is one of impact, excellence, and selfless service,” he stated.

The Adron Group Chairman further acknowledged the Commissioner’s commitment to building an education system that equips young people with the knowledge, skills, and values required to thrive in an increasingly dynamic world, describing his contributions as invaluable to the state’s development agenda.

As Professor Arigbabu marks another year, Aare Adetola Emmanuelking prayed for renewed strength, divine wisdom, robust health, and greater accomplishments, expressing confidence that the celebrant’s passion for educational advancement would continue to shape lives and inspire generations.

He wished the Commissioner a memorable birthday celebration and many more years of impactful service to Ogun State, Nigeria, and humanity.

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RSS Makes History as Graduating Class of 2026 Marks Valedictory Service in First-of-Its-Kind University-Style Ceremony

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RSS Makes History as Graduating Class of 2026 Marks Valedictory Service in First-of-Its-Kind University-Style Ceremony

Remo Secondary School (RSS) has made history with the graduation of its 2026 class in what is being described as a groundbreaking academic ceremony, as the prestigious public secondary school celebrated its graduating students in a university-themed graduation style.

The historic valedictory service, which brought together students, parents, teachers, school administrators, old students and distinguished guests, was marked by pomp, pageantry and an atmosphere of academic excellence, as graduating students appeared in full academic graduation gowns, caps and other traditional graduation regalia.

In a striking departure from conventional valedictory ceremonies typically held in public secondary schools, the school’s principals and teachers, as well as the National Executives of the Remo Secondary School Old Students’ Association (RSSOSA), also donned academic gowns, creating the atmosphere and grandeur of a university convocation.

The remarkable initiative transformed the valedictory service into a memorable graduation experience for the students and marked a significant milestone in the history of Remo Secondary School, Ogun State and, potentially, the Nigerian public school system.

The ceremony was not only a celebration of the completion of secondary education, but also a deliberate effort to instil in the graduating students a sense of pride, achievement and responsibility as they prepare to transition into higher education and the next phase of their lives.

Another major highlight of the ceremony was the presentation of awards to deserving students in recognition of outstanding morals, good character and exemplary conduct. The awards, which cut across various categories, celebrated students who distinguished themselves not only through academic pursuits, but also through positive character traits, discipline, responsibility and good morals.

In a further demonstration of its commitment to the future of the graduating students and the advancement of education, Hope Bridge Social Impact Foundation awarded full higher education scholarships to about 25 deserving students. The scholarship awards will support the beneficiaries in pursuing their tertiary education, providing them with an opportunity to further their academic aspirations and achieve their full potential.

Speaking at the ceremony, the President of the Remo Secondary School Old Students’ Association (RSSOSA), Sir Aare Adetola Emmanuelking KOF, congratulated the graduating class and commended the school management, teachers and parents for their roles in nurturing and guiding the students throughout their academic journey.

He further expressed appreciation to the Ogun State Government, ably led by the Executive Governor, His Excellency, Prince Dapo Abiodun, MFR, CON, for his administration’s commitment to transforming the education sector in the state.

He specifically acknowledged the Governor’s Yellow Revolution initiative, describing it as one of the notable interventions that has positively impacted the education sector and contributed to creating a more conducive environment for learning across public schools in Ogun State.

According to him, the Governor’s keen attention to education and the deliberate interventions of his administration have had a positive ripple effect that has extended to institutions such as Remo Secondary School, contributing to the school’s continued growth and development and helping to position it as a great institution.

Aare Adetola Emmanuelking also extended his appreciation to the Ogun State Commissioner for Education, Science and Technology, Prof. Abayomi Arigbabu, for his leadership and evident contributions to the advancement of education in the state.

The event further highlighted the strong bond between the school and its old students, with the presence and participation of the old students, demonstrating the association’s continued commitment to the development and advancement of the institution.

The innovative university-style graduation ceremony is expected to remain one of the most memorable moments in the history of the school, and could set a new standard for how graduating students are celebrated in public secondary schools across Ogun State and beyond.

For the graduating class of 2026, the occasion was a day of pride, gratitude and celebration, a day when they were not only bid farewell from secondary school, but were honoured and celebrated as graduates stepping confidently into the future.

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