Live Data Feed
Lekki Phase 1: • 552 listings tracked • Median rent ₦11.0M/yr • Yield 4.1%Chevron / Lekki: • 270 listings tracked • Median rent ₦7.0M/yr • Yield 3.9%Ikoyi: • 244 listings tracked • Median rent ₦45.0M/yr • Yield 3.2%Ajah: • 215 listings tracked • Median rent ₦3.5M/yr • Yield 2.5%Ikate: • 165 listings tracked • Median rent ₦13.0M/yr • Yield 6.0%Victoria Island: • 154 listings tracked • Median rent ₦30.0M/yr • Yield 5.5%Banana Island: • 106 listings tracked • Median rent ₦60.0M/yr • Yield 2.9%Sangotedo: • 104 listings tracked • Median rent ₦4.5M/yr • Yield 3.2%Lekki Phase 1: • 552 listings tracked • Median rent ₦11.0M/yr • Yield 4.1%Chevron / Lekki: • 270 listings tracked • Median rent ₦7.0M/yr • Yield 3.9%Ikoyi: • 244 listings tracked • Median rent ₦45.0M/yr • Yield 3.2%Ajah: • 215 listings tracked • Median rent ₦3.5M/yr • Yield 2.5%Ikate: • 165 listings tracked • Median rent ₦13.0M/yr • Yield 6.0%Victoria Island: • 154 listings tracked • Median rent ₦30.0M/yr • Yield 5.5%Banana Island: • 106 listings tracked • Median rent ₦60.0M/yr • Yield 2.9%Sangotedo: • 104 listings tracked • Median rent ₦4.5M/yr • Yield 3.2%
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Scout.ngReal Estate Intelligence
Kosofe LGA · 12 active listings · low confidence

Omole Phase 2

Real estate intelligence — verified weekly from active listings

Median Sale₦280.0M
Median Rent/yr₦8.0M
Gross Yield2.9%
Net Yield-5.1%After Lagos Reality Factor
Market Insight

The most listed property class in Omole Phase 2 is the 2 bedrooms with 4 active listings. Median asking price is ₦50.0M. Median annual rent is ₦3.5M. That implies a gross yield of 7.0% before operating costs.

Breakdown by Class

Prices by Bedroom Count

5 sale + 7 rental listings

1-Bed

Median Sale Price

—

0 listings

Median Rent / Year

₦1.8M

1 listing

No sale data — yield unavailable

2-Bed

Most Listed

Median Sale Price

₦50.0M

1 listing

Median Rent / Year

₦3.5M

3 listings

Gross Yield7.0%

3-Bed

Median Sale Price

₦185.0M

1 listing

Median Rent / Year

—

0 listings

No rental data — yield unavailable

4-Bed

Median Sale Price

₦415.0M

2 listings

Median Rent / Year

₦24.0M

2 listings

Gross Yield5.8%

5-Bed

Median Sale Price

₦700.0M

1 listing

Median Rent / Year

₦20.0M

1 listing

Gross Yield2.9%
Aggregate View

Overall Market Summary

Aggregated across all property classes. The bedroom breakdown above is more useful for actual decision-making.

Median Sale (All)

₦280.0M

₦50.0M – ₦700.0M

Median Rent (All)

₦8.0M

₦1.8M – ₦25.0M

Gross Yield

2.9%

All classes combined

Net Yield

-5.1%

After Lagos Reality Factor

By Property Type

Prices by Property Type

Flats, duplexes, detached houses, and other property types compared.

TypeMedian SaleMedian Rent/yrGross YieldSaleRent
flat—₦3.3M—02
other₦50.0M₦25.0M50.0%11
duplex—₦8.0M—01
detached₦490.0M₦20.0M4.1%21
mini flat—₦1.8M—01
semi detached₦367.5M₦23.0M6.3%21
True Cost of Ownership

Lagos Reality Factor

Omole Phase 2 falls in the affordable tier. These are the annual costs every landlord pays but no listing ever shows.

Diesel / Generator₦20.7M
Estate Service Charge₦500K
Management Fee (10%)₦800K
Maintenance Reserve (5%)₦400K
Total Annual Operating Costs₦22.4M

What this means: On a median rent of ₦8.0M/yr, these costs consume 280% of your gross rental income — reducing yield from 2.9% to -5.1%.

How to read this data: All prices are medians of current asking prices, broken down by bedroom count and property type so you compare like-for-like. Yields are implied from median asking prices and rents. Read our full methodology →