Live Data Feed
Lekki Phase 1: • 669 listings tracked • Median rent ₦12.0M/yr • Yield 4.3%Chevron / Lekki: • 359 listings tracked • Median rent ₦7.0M/yr • Yield 3.9%Ikoyi: • 318 listings tracked • Median rent ₦40.0M/yr • Yield 2.7%Ajah: • 297 listings tracked • Median rent ₦3.6M/yr • Yield 2.6%Ikate: • 223 listings tracked • Median rent ₦12.8M/yr • Yield 5.8%Victoria Island: • 201 listings tracked • Median rent ₦30.3M/yr • Yield 5.0%Sangotedo: • 146 listings tracked • Median rent ₦4.5M/yr • Yield 3.8%Banana Island: • 143 listings tracked • Median rent ₦50.0M/yr • Yield 2.2%Lekki Phase 1: • 669 listings tracked • Median rent ₦12.0M/yr • Yield 4.3%Chevron / Lekki: • 359 listings tracked • Median rent ₦7.0M/yr • Yield 3.9%Ikoyi: • 318 listings tracked • Median rent ₦40.0M/yr • Yield 2.7%Ajah: • 297 listings tracked • Median rent ₦3.6M/yr • Yield 2.6%Ikate: • 223 listings tracked • Median rent ₦12.8M/yr • Yield 5.8%Victoria Island: • 201 listings tracked • Median rent ₦30.3M/yr • Yield 5.0%Sangotedo: • 146 listings tracked • Median rent ₦4.5M/yr • Yield 3.8%Banana Island: • 143 listings tracked • Median rent ₦50.0M/yr • Yield 2.2%
Scout
Scout.ngReal Estate Intelligence
Yaba LGA · 56 active listings · high confidence

Yaba

Lagos property intelligence · data as of 8 June 2026

Check a Property →
Median Sale₦150.0M
Median Rent/yr₦3.6M
Gross Yield2.4%
Net Yield-12.1%After Lagos Reality Factor
Market Insight

The most listed property class in Yaba is the 2 bedrooms with 19 active listings. Median asking price is ₦135.0M. Median annual rent is ₦5.0M. That implies a gross yield of 3.7% before operating costs.

Breakdown by Class

Prices by Bedroom Count

29 sale + 22 rental listings

Studio

Median Sale Price

₦18.0M

2 listings

Median Rent / Year

0 listings

No rental data — yield unavailable

1-Bed

Median Sale Price

₦20.3M

4 listings

Median Rent / Year

₦2.5M

7 listings

Gross Yield12.3%

2-Bed

Most Listed

Median Sale Price

₦135.0M

10 listings

Median Rent / Year

₦5.0M

9 listings

Gross Yield3.7%

3-Bed

Median Sale Price

₦175.0M

10 listings

Median Rent / Year

₦6.5M

6 listings

Gross Yield3.7%

4-Bed

Median Sale Price

₦285.0M

2 listings

Median Rent / Year

0 listings

No rental data — yield unavailable

5-Bed

Median Sale Price

₦350.0M

1 listing

Median Rent / Year

0 listings

No rental data — yield unavailable
Aggregate View

Overall Market Summary

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

Median Sale (All)

₦150.0M

₦5.0M – ₦350.0M

Median Rent (All)

₦3.6M

₦1.0M – ₦8.0M

Gross Yield

2.4%

All classes combined

Net Yield

-12.1%

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₦150.0M₦6.0M4.0%159
other₦205.0M₦3.1M1.5%66
duplex₦5.8M02
studio₦18.0M20
terrace₦250.0M₦5.5M2.2%11
detached₦350.0M10
mini flat₦30.0M₦2.3M7.5%34
self contain₦5.0M₦1.6M31.0%14
semi detached₦320.0M10
True Cost of Ownership

Lagos Reality Factor

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

Diesel / Generator₦9.9M
Estate Service Charge₦500K
Management Fee (10%)₦360K
Maintenance Reserve (5%)₦180K
Total Annual Operating Costs₦10.9M

What this means: On a median rent of ₦3.6M/yr, these costs consume 303% of your gross rental income — reducing yield from 2.4% to -12.1%.

Common Questions

Yaba Property FAQ

What is the average rent in Yaba?

The median annual asking rent in Yaba, Lagos is ₦3.6M, per Scout data as of 8 June 2026 (based on 26 rental listings).

What is the average property price in Yaba?

The median asking sale price in Yaba, Lagos is ₦150.0M, as of 8 June 2026 (based on 30 for-sale listings).

What is the rental yield in Yaba?

Yaba has an implied gross rental yield of 2.4%, or about -12.1% net after Lagos operating costs (diesel, service charge, management).

How many listings is the Yaba data based on?

These figures are derived from 56 active public property listings in Yaba, with outliers and duplicates removed (high confidence).

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 →