Lekki, Lagos – Where to Live, Invest & Explore (2025 Data Updated)
by Bright Ugochukwu
Last Updated: Jun 20, 2025
Welcome to Lekki in Eti-Osa LGA – the shining jewel of Lagos real estate.
Whether you’re a first-time homebuyer in Lagos, a savvy investor, or simply curious about this buzzing district, Lekki has something for everyone.
It’s where modern living meets natural beauty, and where investment potential continues to soar.
Key Takeaways
- Lekki is Lagos’ top destination for luxury living, investment, and lifestyle convenience.
- Offers a mix of high-end areas (Lekki Phase 1, Ikate) and affordable zones (Ajah, Sangotedo).
- Strong ROI potential with rising demand for both short-term rentals and land banking.
- Family-friendly locations like Chevron and Osapa London offer top schools and healthcare.
- Lekki boasts vibrant malls, restaurants, beaches, and recreation hubs.
- Major developments like the Lekki Deep Sea Port and the Regional Road will drive future growth.
Why Lekki? An Overview of Lagos’ Premier District
Lekki is one of the fastest-growing and most desirable areas in Lagos. Known for its luxury estates, coastal views, vibrant nightlife, and booming economy, Lekki offers an unmatched blend of comfort and opportunity.
Google Map of Lekki, Lagos
It bridges mainland Lagos with the upscale island communities, making it a strategic location for both living and investing.
Lekki is also home to high-end developments, thriving businesses, and lush green areas.
Its waterfront appeal and planned layout have turned it into a magnet for young professionals, families, and investors from Nigeria and abroad.
Pro Tip: If you’re new to Lagos, start your property search in Lekki—it offers a safer, more organised environment with modern infrastructure, making it ideal for first-time buyers and expats.
Lekki’s Evolution: From Fishing Villages to Luxury Hotspot
Lekki wasn’t always a real estate goldmine. Once made up of fishing settlements, this area began its transformation in the late 1990s and early 2000s.
The Lagos State Government envisioned Lekki as a “Blue-Green” Environment City — blending residential, commercial, and leisure zones with ecological conservation.
Major milestones, such as the Lekki Free Trade Zone, the Lekki-Ikoyi Link Bridge, and new estates like Nicon Town and Lekki County Homes, accelerated development. .
The Lekki-Ikoyi Link Bridge is the first cable-stayed bridge to be built in Nigeria and was constructed by Julius Berger Nigeria.
Today, Lekki is a symbol of modern Lagos: dynamic, upscale, and full of potential.
Lekki’s Prime Location & Accessibility
Proximity to Key Lagos Areas
Lekki enjoys a strategic position on Lagos Island. It lies east of Victoria Island, south of Ajah, and west of Epe.
From Lekki Phase 1, it takes approximately:
- 15 minutes to Victoria Island
- 25 minutes to Ikoyi via the Lekki-Ikoyi Link Bridge
- 20 minutes to Ajah
- 45 minutes to Epe (a rising investment hub)
This accessibility makes Lekki a smart choice for professionals, families, and businesses.
Major Transport Routes
- Lekki-Epe Expressway: The main artery that links Lekki to Victoria Island, Ajah, Sangotedo, and beyond.
- Lekki-Ikoyi Link Bridge: Reduces travel time to Ikoyi and provides a scenic route.
- Coastal Road (under construction): Will enhance connectivity and reduce congestion
Pro Tip: Consider properties with direct access to the Lekki-Epe Expressway or close to the Lekki-Ikoyi Link Bridge. Proximity to these routes can significantly reduce commute time and boost property value—especially for professionals working in Victoria Island or Ikoyi.
Best Areas to Live in Lekki (By Lifestyle & Budget)
Luxury Living: Lekki Phase 1 & Ikate Elegushi
If you’re after prestige and comfort, Lekki Phase 1 and Ikate Elegushi are your best bets.
These neighbourhoods are known for their gated estates, security, and modern designs.
Gated Communities & High-End Estates
- Nicon Town
- Pinnock Beach Estate
- Friends Colony
- Northern Foreshore Estate
These estates offer 24/7 power, water, and tight security. They also feature smart homes, gyms, pools, and private gardens.
Average Property Prices (2024)
- 4-bedroom duplex: ₦250M to ₦500M
- 3-bedroom apartment: ₦150M to ₦300M
- Rent for a 3-bed flat: ₦10M to ₦15M annually
| Area | 3-Bedroom Apartment | 4-Bedroom Duplex | Annual Rent (3-Bedroom) |
|---|---|---|---|
| Lekki Phase 1 | ₦150M – ₦300M | ₦250M – ₦500M | ₦10M – ₦15M |
| Ikate Elegushi | ₦120M – ₦250M | ₦200M – ₦450M | ₦8M – ₦13M |
| Ajah | ₦45M – ₦80M | ₦70M – ₦150M | ₦3M – ₦6M |
| Sangotedo | ₦35M – ₦70M | ₦60M – ₦130M | ₦2.5M – ₦5M |
| Chevron | ₦100M – ₦200M | ₦180M – ₦300M | ₦6M – ₦12M |
| Osapa London | ₦90M – ₦180M | ₦170M – ₦280M | ₦5M – ₦11M |
Table 1: A Comparison Table Showing the Best Areas to Live in Lekki (By Lifestyle & Budget)
Pro Tip: Property prices in Lekki Phase 1 tend to be negotiable by up to 10–15% if you’re buying directly from the developer or during off-peak seasons like Q1.
Affordable Gems: Ajah & Sangotedo
If you want value without breaking the bank, consider Ajah and Sangotedo.
These are growing towns with excellent infrastructure and developing estates.
Upcoming Developments & Value for Money
Ajah and Sangotedo now host malls, schools, and gated communities like Abraham Adesanya Estate, Royal Garden Estate, and Emperor Estate. Developers are building aggressively here, meaning more options and better prices.
- 3-bedroom apartment: ₦45M to ₦80M
- 2-bedroom flat: ₦30M to ₦50M
- Land (600 sqm): ₦25M to ₦50M depending on location and title
Family-Friendly Zones: Chevron & Osapa London
These neighbourhoods are ideal for families who want peace, security, and proximity to schools and healthcare.
Top Schools & Healthcare Facilities Nearby
- Schools: Lekki British School, Greensprings, Caleb British International
- Hospitals: Chevron Clinic, Evercare, Lagoon Hospitals
Estates like Carlton Gate, Oral Estate, and Lekki Gardens Phase 4 offer parks, playgrounds, and community vibes.
Real Estate Investment Insights: Lekki’s Hotspots
Where to Buy for High ROI (2024 Market Trends)
Lekki is one of Nigeria’s top-performing real estate markets.
According to reports by PropertyPro Insider, property values in Lekki have increased significantly over the past five years, with some areas experiencing a 500% increase in land prices.
In 2024, areas like Lekki Phase 1, Chevron, Sangotedo, and Lekki Phase 2 offer some of the best returns.
Short-Term Rentals vs. Long-Term Appreciation
- Short-term Rentals: These are great for areas like Lekki Phase 1, Ikate, and Chevron. Airbnb yields range from ₦90,000 to ₦250,000 per night.
- Long-Term Appreciation: Buy land in Sangotedo, Ibeju-Lekki, and Lekki Phase 2. Prices are lower now, but are expected to rise due to infrastructure projects.
| Investment Type | Best Areas | Potential ROI | Notes |
|---|---|---|---|
| Short-Term Rentals | Lekki Phase 1, Ikate, Chevron | High (₦90K–₦250K/night) | Strong Airbnb demand, tourists & expats |
| Long-Term Appreciation | Sangotedo, Lekki Phase 2 | High (25–40% in 5 yrs) | Lower entry price, driven by development |
| Land Banking | Ibeju-Lekki, Epe | Very High (50%+) | Strategic for future projects (Sea Port, FTZ) |
Table 1: A Table Showing the Real Estate Investment Insights: Lekki’s Hotspots
Pro Tip: Properties near Chevron Drive and Lekki Phase 1 make ideal short-let investments—steady rental demand + high daily rates = fast ROI.
Commercial Real Estate Opportunities
Lekki is not just for homes. It’s also a rising star in commercial real estate.
Retail Spaces & Office Demand in Lekki Phase 2
Lekki Phase 2 and Ikate are seeing demand for:
- Co-working spaces
- Retail plazas
- Warehousing and logistics hubs
The Lekki Free Trade Zone and Dangote Refinery nearby are boosting interest in commercial plots.
Lifestyle & Amenities: What Makes Lekki Unique
Shopping & Entertainment Hubs
Lekki is a shopper’s paradise and then some.
Novare Mall, Circle Mall, & Lekki Arts Market
- Novare Mall (Sangotedo): Largest mall in Lekki with Shoprite, cinemas, and food courts
- Circle Mall (Jakande): Electronics, groceries, fashion
- Lekki Arts & Crafts Market: Handmade crafts, art, and souvenirs
Dining & Nightlife: Best Restaurants & Bars
Lekki is home to top dining and nightlife spots:
- Circa Lagos: Scenic dining by the water
- Bay Lounge: Chill bar with ocean breeze
- Shiro Lagos: Asian-fusion fine dining
- The House Lagos: Cozy spot for cocktails and live music
| Amenity Type | Popular Locations | Notable Names |
|---|---|---|
| Shopping Malls | Sangotedo, Jakande | Novare Mall, Circle Mall |
| Restaurants | Lekki Phase 1, Ikate | Shiro, Circa Lagos, The House Lagos |
| Bars & Lounges | Waterfront, Lekki Phase 1 | Bay Lounge, Sailors Lounge |
| Recreation | Lekki Conservation, Beachfronts | LCC, Elegushi Beach, Upbeat Centre |
Table 3: A Comparison Table Outlining the Lifestyle & Amenities: What Makes Lekki Unique
Green Spaces & Recreation
Lekki isn’t just concrete and traffic—it’s packed with nature escapes and fun spots to unwind.
Here’s where to recharge:
Lekki Conservation Centre & Beaches
- Lekki Conservation Centre: Home to Africa’s longest canopy walkway
- Elegushi Beach & Atican Beach: Hangouts, horse rides, and local grills
- Upbeat Centre: Trampoline park and fitness fun for kids and adults
Pro Tip: For peaceful weekends, visit Lekki Conservation Centre early in the morning. It’s less crowded and perfect for family outings or dates.
Challenges & Considerations in Lekki
Traffic & Infrastructure Updates
Lekki’s biggest issue is traffic. Congestion on the Lekki-Epe Expressway is a daily challenge.
LASG adopts technology for Lekki-Epe traffic management. Lagos State Government introduced the e-call-up system for managing truck movements.
However, projects like the Lekki Regional Road, Fourth Mainland Bridge, and ongoing road expansions aim to ease traffic.
Safety Tips & Neighbourhood Watch Programs
Lekki is generally safe, but petty crimes can occur. Gated estates have strong security. Neighbourhood watch groups and private guards are common.
You should always:
- Verify property documents before buying
- Work with trusted agencies like Oparah Realty
- Visit the area both day and night before renting or buying
Future of Lekki: Upcoming Projects & Growth Forecasts
New Road Networks & the Lekki Deep Sea Port Impact
The Lekki Deep Sea Port (commissioned in 2023) is a game-changer. It’s expected to boost job creation, increase trade, and raise property demand in Ibeju-Lekki and beyond.
Other upcoming projects:
- Fourth Mainland Bridge: Connects Lekki to Ikorodu and Badagry
- Lekki Regional Road: Runs parallel to Lekki-Epe Expressway
- New international airport near Epe
Quick Take: Land prices near the Lekki Deep Sea Port and Dangote Refinery have doubled in the last 3 years—early investors have already seen 100% returns on their investments.
Planned Residential & Commercial Developments
Private developers and the Lagos State Government have rolled out multiple estate plans.
Look out for mixed-use developments like:
- Alaro City (Free Trade Zone)
- Periwinkle Lifestyle Estate
- Gracefield Island (smart city project)
A modern, master-planned city on the Lekki-Epe Expressway, Alaro City blends homes, businesses, parks, and infrastructure in a thriving, mixed-use urban hub.
Conclusion: Is Lekki Right for You?
Lekki is the future. Whether you’re relocating, investing, or exploring a lifestyle upgrade, this vibrant district offers unbeatable opportunities.
From luxury estates to family-friendly zones and commercial hotspots, Lekki is where Lagos lives, works, and plays.
Explore Lekki Listings with Oparah Realty Today
At Oparah Realty, we help you buy, sell, or rent with confidence.
Ready to explore your dream property in Lekki? Contact us today to get started!
FAQs
Is Lekki a good place to live?
Yes, Lekki is one of the best places to live in Lagos. It offers a mix of luxury, security, modern infrastructure, and access to top schools, hospitals, and entertainment hubs.
Lekki has family-friendly estates, vibrant nightlife, and excellent investment potential, making it ideal for professionals, families, and investors.
Why is Lekki expensive?
Lekki is expensive due to its prime location, high demand, rapid development, and premium infrastructure.
Its proximity to Victoria Island and Ikoyi, presence of gated estates, and lifestyle amenities like malls, beaches, and elite schools drive up both rent and property prices.
Additionally, limited land availability and ongoing infrastructure projects add to the cost.
Where is the cheapest place to live in Lagos?
Parts of the mainland, such as Ikorodu, Egbeda, Agege, Abule Egba, and Iyana Ipaja, are cheaper areas to live in Lagos.
These locations offer lower rent and property prices compared to Lekki, Ikoyi, or Victoria Island, though they have fewer amenities and longer commutes.
Which is more expensive: Ikoyi or Lekki?
Ikoyi, Lagos, is more expensive than Lekki. It is considered the most upscale residential area in Lagos, with luxury apartments and estates priced significantly higher.
While Lekki offers luxury too, Ikoyi’s exclusivity, diplomatic presence, and ultra-premium properties make it pricier.
Why is Lekki called Lekki?
Lekki is named after the Lekki Peninsula, a naturally formed stretch of land along the Atlantic coast in Lagos.
The name reflects the area’s original identity before urban development transformed it into a residential and commercial hotspot.
