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

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

5-bedroom duplex + BQ, standard finish
₦113,446,877
280 m² · ₦405,167/m² · includes fence, gate & contingency
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Building costs in Lekki by house type

House typeBasicStandardLuxury
3-bedroom bungalow₦44.1M₦56.8M₦93.5M
4-bedroom bungalow + BQ₦67.8M₦82.5M₦131.6M
4-bedroom duplex + BQ₦85.1M₦103.6M₦161.4M
5-bedroom duplex + BQ₦92.7M₦113.4M₦176.9M
6-bedroom duplex + BQ₦100.1M₦123.1M₦192.3M
block of 6 two-bedroom flats₦147.4M₦206.6M₦374.5M

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

ElementShareCost
Foundation7.6%₦8,669,209
Structure22.7%₦25,714,732
Finishes25.8%₦29,262,179
Services11.6%₦13,152,300
External Works21.2%₦24,044,309
Prelims & Contingency11.1%₦12,604,148
Total100%₦113,446,877

Property market in Lekki

New-build sale price₦940,000 / m²
Gross rental yield6.5%
Typical capital growth15% / year
DemandVery high
Average time to sell5 months
Typical land price₦780,000 / m² (≈ ₦505.4M per plot)
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Frequently asked questions

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

About ₦113.4M 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 Lekki?

About ₦56.8M with standard finishing.

What is the building cost per square metre in Lekki?

Around ₦405,167 per m² for a standard 5-bedroom duplex.

What do new houses sell for in Lekki?

About ₦940,000 per m², with gross rental yields around 6.5%.

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

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