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Cost of building a house in Ajah, Lagos (2026)

Construction costs for Ajah using current material prices (cement ₦12,800/bag, iron rods ₦800,000/tonne) and local labour rates.

5-bedroom duplex + BQ, standard finish
₦109,996,340
280 m² · ₦392,844/m² · includes fence, gate & contingency
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Building costs in Ajah by house type

House typeBasicStandardLuxury
3-bedroom bungalow₦42.7M₦55.1M₦91.0M
4-bedroom bungalow + BQ₦65.6M₦80.0M₦128.0M
4-bedroom duplex + BQ₦82.4M₦100.5M₦156.9M
5-bedroom duplex + BQ₦89.7M₦110.0M₦172.0M
6-bedroom duplex + BQ₦96.9M₦119.4M₦187.0M
block of 6 two-bedroom flats₦142.6M₦200.7M₦364.7M

Where the money goes (5-bedroom duplex + BQ)

ElementShareCost
Foundation7.6%₦8,408,839
Structure22.7%₦24,926,292
Finishes25.8%₦28,420,382
Services11.6%₦12,793,780
External Works21.2%₦23,333,312
Prelims & Contingency11.0%₦12,113,735
Total100%₦109,996,340

Property market in Ajah

New-build sale price₦630,000 / m²
Gross rental yield5.1%
Typical capital growth16% / year
DemandVery high
Average time to sell4 months
Typical land price₦155,000 / m² (≈ ₦100.4M per plot)
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Frequently asked questions

How much does it cost to build a 5-bedroom duplex in Ajah?

About ₦110.0M for a standard-finish 5-bedroom duplex with BQ (280 m²), including fence, gate and contingency.

How much does a 3-bedroom bungalow cost to build in Ajah?

About ₦55.1M with standard finishing.

What is the building cost per square metre in Ajah?

Around ₦392,844 per m² for a standard 5-bedroom duplex.

What do new houses sell for in Ajah?

About ₦630,000 per m², with gross rental yields around 5.1%.

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Read more: cost of building a house in Lagos · 5-bedroom duplex costs across Nigeria

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