Understanding the Ibeju Lekki & Epe Land Market in 2025

Ibeju Lekki and Epe continue to be two of the most active land markets in Lagos State, driven by major infrastructure projects and a steady wave of new estate developments. Here is our 2025 overview.

Location and Connectivity

Both corridors sit along the Lagos-Epe axis, benefiting from ongoing road investment and their proximity to the Lekki Free Trade Zone, the Dangote Refinery, and the Lekki Deep Sea Port. This connectivity continues to drive demand from both owner-occupiers and investors.

Land Price Ranges (2025)

• Epe (site-and-serviced estates): ₦800,000 – ₦4,500,000 depending on estate and documentation
• Ibeju Lekki (established estates): ₦12,000,000 – ₦21,000,000 for a 300–500sqm plot
• Ibeju Lekki (pre-launch estates): from ₦18,000,000, with early-bird pricing available before full launch

Market Drivers

Demand: Strong demand from Lagos-based investors and diaspora Nigerians looking for genuine, titled land at prices below the more established Lekki Phase 1 and Victoria Island markets.

Supply: New estates continue to launch across both corridors, though verified, well-documented land remains in shorter supply than demand — a key reason buyers should always confirm documentation before purchase.

Our View

Both Ibeju Lekki and Epe represent good relative value compared to established Lagos neighbourhoods, particularly for buyers willing to invest ahead of infrastructure completion. Contact Faith Global Homes for a personalised briefing and current listings across both corridors.