When most people hear Eko Atlantic City, they assume you need millions of dollars in cash to own a piece of this world-class city. The truth? You don’t. Today, you can buy into Eko Atlantic with as little as half a million dollars — and even spread payments across 24 to 30 months. Imagine paying between $10,000 to $20,000 monthly for an apartment in the most prestigious city in West Africa. That’s cheaper than many developments in Ikoyi, Banana Island, or Victoria Island.
So whether you’re here because you’re curious about the city, actively searching for Eko Atlantic City apartments for sale, or want to compare Eko Atlantic apartment prices before making a move, this guide is your complete guide. We’ll cover everything — from the history of the city, myths about affordability, the districts, prices relative to Ikoyi and Banana Island, apartments, towers, prices, land availability, and the opportunities waiting for smart investors. We’ll guide you on how to own property in this city that is transforming into the “Dubai of Africa.”
If you’re already considering buying an apartment or land in Eko Atlantic City, don’t wait. Click here to Call us, or Send a Whatsapp message, or Email us.
Eko Atlantic City: From Vision to Reality
What started in 2003 as a solution to Lagos’ coastline erosion is now a functioning smart city. Over 8 million square meters of land have been reclaimed from the Atlantic, with fully paved roads, underground drainage, fibre-optic internet, 14 bridges, and 24/7 independent power.
As at August 2025, EKo Atlantic has successfully completed over 80% of the land reclamation. and is now moving into the next phase of its land reclamation efforts. With the commencement of phase 5. The sand filling process for this new phase starts following the successful completion of phase 4 and extends into the designated areas of the city.
This is no longer the future. Families already live here. Global consulates, luxury brands, and financial institutions are setting up head offices. Eko Atlantic has become a magnet for investors and homeowners who want prestige, security, and capital appreciation.
The Districts of Eko Atlantic City
Eko Atlantic is divided into 10 districts, each with unique opportunities for investors and homeowners.
Business District – Home to the iconic Eko Boulevard, a 2km-long central avenue for corporate, financial, and retail activities.
Marina District – Offers waterfront living with a vibrant pedestrian promenade, luxury apartments, and leisure spaces.
Downtown – The beating heart of the city, surrounded by canals and ideal for residential high-rises.
Ocean Front – A residential-focused district with stunning sea views.
Avenues & Eko Drive – Tree-lined boulevards with mixed-use developments.
Harbour Lights – Overlooking the Lagos Harbor and Atlantic Ocean, blending commercial and residential projects.
Each district is carefully planned to combine luxury living, commerce, leisure, and sustainability.
Myths About Eko Atlantic City
When it comes to Eko Atlantic City, there are a lot of misconceptions that stop investors from taking action. Let’s clear up the biggest myths:
❌Myth 1: You need a million dollars to own a piece of Eko Atlantic City.
✅Reality: That’s not true. Entry price of an apartment in Eko Atlantic start from about $293,260, and with flexible payment plans you can spread payments over 24–32 months. This means you can own a property here with as little as $10,000–$20,000 monthly, making it far more accessible than most people think.
❌Myth 2: It’s too expensive.
✅Reality: On the surface, Eko Atlantic sounds pricey. But when you compare it with Ikoyi, Banana Island, or even parts of Victoria Island, it’s actually cheaper per square meter. And unlike other locations, you’re buying into a brand-new city built with modern infrastructure, 24/7 power, global prestige, and free zone benefits — giving you far greater value. That’s unmatched value.
❌Myth 3: Eko Atlantic City is still empty.
✅Reality: That used to be the case, but not anymore. Families and investors are already living here. Developments like Eko Pearl Towers and Azuri Towers are completed and occupied. Projects like A&A Tower are in their final stages, and units are already selling out before completion. The city is alive, growing, and attracting international attention.
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Eko Atlantic vs Ikoyi, Banana Island, and Victoria Island
Many buyers ask: “Why should I buy in Eko Atlantic when I can buy in Ikoyi or Banana Island?” Let’s break it down.
1. Pricing & Affordability
Ikoyi & Banana Island – Land prices often exceed $1,500–$2,000 per sqm. Apartments and houses can run into millions of dollars upfront, with very limited payment plans.
Victoria Island – Prices are slightly lower than Ikoyi/Banana, but the infrastructure is old, with frequent flooding, traffic congestion, and power issues.
Eko Atlantic – Land starts from $1,150 per sqm, and entry-level apartments begin at $293,260 with flexible 24–30 month payment plans. This makes Eko Atlantic more accessible without compromising luxury.
2. Infrastructure
Ikoyi & Banana Island – Roads and drainage exist but are often plagued by traffic bottlenecks.
Victoria Island – Known for flooding during heavy rains, unreliable power, and ageing facilities.
Eko Atlantic – Built from scratch with 24/7 power, fiber-optic internet, a central sewage system, and basement parking. Roads are wide, tree-lined, and flood-proof.
3. Flood Protection
Ikoyi, Banana Island, and VI – Flooding remains a major concern due to rising sea levels and poor drainage.
Eko Atlantic – Protected by the 7.64km Great Wall of Lagos, engineered to withstand 1,000-year storm surges. This is unmatched in all of Lagos.
4. Prestige & Global Appeal
Ikoyi & Banana Island – Prestigious for Nigeria’s elite, but mainly local appeal.
Victoria Island – Prime for businesses but losing exclusivity due to congestion.
Eko Atlantic – Marketed and designed as the “Dubai of Africa.” Already home to international families, diplomats, the U.S. Consulate, and global banks. It combines prestige, security, and international visibility.
5. Future Growth Potential
Ikoyi & Banana Island – Already fully developed, meaning limited room for growth and appreciation.
Victoria Island – Overcrowding and infrastructure strain limit future value upside.
Eko Atlantic – Still expanding with massive demand for land and apartments. Early investors are already enjoying appreciation, and new projects (like Phoenix Tower, Clarence Gate, and Louisville Towers) are selling out quickly.
To make it super simple, here is a comparison table of Eko Atlantic vs Banana Island, Ikoyi, and Victoria Island.
| Feature | Eko Atlantic City | Ikoyi | Banana Island | Victoria Island |
| Price per sqm (land) | From $1,150 | $1,500–$2,000+ | $1,800–$2,500+ | $1,200–$1,800 |
| Apartment Prices | From $293,260 (with 24–30 month plans) | From $700,000+ (mostly full payment) | From $1M+ | From $500,000+ |
| Payment Plans | ✅ Flexible (up to 30 months) | ❌ Rare | ❌ Rare | ❌ Limited |
| Power Supply | ✅ 24/7 Independent Grid | ❌ Frequent Outages | ❌ Frequent Outages | ❌ Frequent Outages |
| Flooding | ✅ Protected by Great Wall of Lagos | ❌ High Risk | ❌ High Risk | ❌ High Risk |
| Infrastructure | ✅ Smart city design, wide roads, fibre optic, central sewage, basement parking | ❌ Ageing | ❌ Good but limited | ❌ Overstretched |
| Global Prestige | ✅ International city, home to U.S. Consulate & global banks | ✅ Nigerian elite | ✅ Nigerian elite | ✅ Corporate hub |
| Growth Potential | ✅ High (still expanding, prices rising) | ❌ Limited (fully built up) | ❌ Limited (fully built up) | ❌ Limited (infrastructure strain) |
Verdict:
Eko Atlantic City offers better value, modern infrastructure, global appeal, better pricing, flood protection, and international prestige, and stronger investment potential compared to Ikoyi and Banana Island, Eko Atlantic City is the smarter choice.
📞 Ready to make the switch to Eko Atlantic? Call us today | Chat with us on WhatsApp |Email us.
Eko Atlantic Apartments for Sale (2025 Update)
In Eko Atlantic City, you now have two main options:
- Finished Luxury Apartments – These are fully completed and ready-to-move-in homes. Most require full payment upfront or, in some cases, a short 3-month payment plan. Perfect for buyers who want immediate occupancy.
- Off-Plan Units – These are apartments still under construction, offered with flexible payment plans of up to 12 months, 24 months, or 30 months. Ideal for investors and homeowners who prefer to spread payments while enjoying capital appreciation before completion.
If you’re searching for Eko Atlantic City apartments for sale, here are the top developments currently available in 2025, with full pricing, payment plans, and delivery timelines.
1. Azuri Towers (Marina District)
Located in the prestigious Marina District with sweeping views of the ocean and marina, Azuri Towers is one of the most iconic addresses in Eko Atlantic City. It offers high-end finished units for buyers seeking a premium, move-in-ready home.
- Status: Completed and occupied
- Available Apartments:
- 4-Bedroom Luxury Apartment (501sqm) – $2,500,000
- 4-Bedroom Luxury Apartment (228sqm) – $1,200,000
- 3-Bedroom Luxury Apartment (186sqm) – $1,000,000
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2. A&A Tower
A 20-story oceanfront high-rise, blending modern living with scenic sea views. Perfect for investors buying before completion to maximize appreciation.
- Status: Nearing completion; delivery Q2 2026
- Available Apartments:
- 2-Bedroom (129sqm) – $541,800
- 3-Bedroom (157–271sqm) – $667,250 to $813,000
- Payment Plan: 70% down, balance over 6 months
3. Phoenix Tower (Downtown District)
An ultra-luxury tower on 3,442 sqm with world-class amenities: swimming pool, spa/sauna, gym, kids’ play area, and 24-hour concierge.
- Status: Ongoing construction
- Available Apartments:
- 1-Bedroom (86sqm) – $293,260
- 2-Bedroom (134sqm) – from $381,900
- 3-Bedroom (196–215sqm) – $558,600 – $612,750
- Payment Plan: 40% down, balance over 30 months
- Delivery: Q4 2026
Perfect entry-level opportunity with flexible payment options.
4. Lareve (Opposite Eko Pearl Towers)
Meaning “Dream” in French, Lareve combines ultra-modern architecture with serene living spaces and lifestyle facilities.
- Status: Ongoing construction; delivery Q3 2026
- Available Apartments:
- 3-Bed (165–210sqm) – $588,000 – $700,000
- 3-Bed Maisonette (190sqm) – from $670,000
- 4-Bed Maisonette (244sqm) – from $670,000
- 4-Bed Penthouse (445sqm) – $1,635,000
- Payment Plan: 30% down, balance till completion
- Bonus: 15% discount for full payment
5. Phoenix Rising
A 33-level luxury tower with stylish interiors and some of the best-designed 3-bedroom apartments in Eko Atlantic.
- Status: Ongoing construction
- Available Apartments:
- 1-Bedroom (86sqm) – $293,260
- 2-Bedroom (134sqm) – from $381,900
- 3-Bedroom (196–215sqm) – $558,600 – $612,750
- Penthouse (324sqm) – from $850,750
- Payment Plan: 40% down, balance over 30 months
- Delivery: Q4 2026
6. The Hive (Near U.S. Consulate)
A 16-floor luxury residence for families and professionals, featuring state-of-the-art design, stunning views, and exclusive amenities.
- Status: Concrete work ongoing
- Available Units:
- 3-Bedroom (183–200sqm) – from $466,030
- Payment Plan: 35% down, balance over 30 months
7. Pan Atlantic Tower
Low-density, ultra-exclusive condos near the U.S. Consulate.
- Status: Foundation work ongoing
- Available Units:
- 3-Bedroom + BQ (393sqm) – $1,500,000
- Payment Plan: Available on request
8. Louisville Towers
Two futuristic towers with panoramic views, hotel suites, leisure facilities, cinema, and spa.
- Status: Foundation/concrete ongoing
- Available Units:
- 2-Bed (126sqm) – from $581,000
- 3-Bed (176.7sqm) – from $818,000
- 4-Bed Maisonette (252sqm) – from $1,232,000
- 5-Bed Penthouse (433.9sqm) – $3,265,613
- Delivery: 2027
- Payment Plan: 36 months
9. Clarence Gate (Near U.S. Consulate)
Boutique residences offering duplexes and triplexes for ultra-luxury living.
- Status: Ongoing construction; delivery Q2 2026
- Available Units:
- 3-Bed Apartments (191–230sqm) – $750,000 – $900,000
- 3-Bed Duplexes (247sqm) – $990,000
- 4-Bed Duplexes (297sqm) – $1,200,000
- 4-Bed Triplexes (380–550sqm) – $1,500,000 – $2,200,000
- Payment Plan: Available on request
📞 Ready to secure your unit in any of these towers?
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Here’s the full Eko Atlantic City Apartments Price Table (2025 Update):
Eko Atlantic Apartment Prices (2025 Summary)
| Development | Unit Type | Size (sqm) | Price (USD) | Payment Plan | Delivery |
| Azuri Towers | 4-Bed Luxury | 501sqm | $2,500,000 | Full payment | Completed |
| 4-Bed Luxury | 228sqm | $1,200,000 | Full payment | Completed | |
| 3-Bed Luxury | 186sqm | $1,000,000 | Full payment | Completed | |
| A&A Tower | 2-Bed | 129sqm | $541,800 | 70% down, balance 6 months | Q2 2026 |
| 3-Bed | 157–271sqm | $667,250 – $813,000 | 70% down, balance 6 months | Q2 2026 | |
| Phoenix Tower | 1-Bed | 86sqm | $293,260 | 40% down, balance 30 months | Q4 2026 |
| 2-Bed | 134sqm | from $381,900 | 40% down, balance 30 months | Q4 2026 | |
| 3-Bed | 196–215sqm | $558,600 – $612,750 | 40% down, balance 30 months | Q4 2026 | |
| Lareve | 3-Bed | 165–210sqm | $588,000 – $700,000 | 30% down, balance till completion | Q3 2026 |
| 3-Bed Maisonette | 190sqm | from $670,000 | 30% down, balance till completion | Q3 2026 | |
| 4-Bed Maisonette | 244sqm | from $670,000 | 30% down, balance till completion | Q3 2026 | |
| 4-Bed Penthouse | 445sqm | $1,635,000 | 30% down, balance till completion | Q3 2026 | |
| Phoenix Rising | 1-Bed | 86sqm | $293,260 | 40% down, balance 30 months | Q4 2026 |
| 2-Bed | 134sqm | from $381,900 | 40% down, balance 30 months | Q4 2026 | |
| 3-Bed | 196–215sqm | $558,600 – $612,750 | 40% down, balance 30 months | Q4 2026 | |
| Penthouse | 324sqm | from $850,750 | 40% down, balance 30 months | Q4 2026 | |
| The Hive | 3-Bed | 183–200sqm | from $466,030 | 35% down, balance 30 months | Ongoing |
| Pan Atlantic Tower | 3-Bed + BQ | 393sqm | $1,500,000 | Payment plan available | Ongoing |
| Louisville Towers | 2-Bed | 126sqm | from $581,000 | 36 months | 2027 |
| 3-Bed | 176.7sqm | from $818,000 | 36 months | 2027 | |
| 4-Bed Maisonette | 252sqm | from $1,232,000 | 36 months | 2027 | |
| 5-Bed Penthouse | 433.9sqm | $3,265,613 | 36 months | 2027 | |
| Clarence Gate | 3-Bed Apartment | 191–230sqm | $750,000 – $900,000 | Available | Q2 2026 |
| 3-Bed Duplex | 247sqm | $990,000 | Available | Q2 2026 | |
| 4-Bed Duplex | 297sqm | $1,200,000 | Available | Q2 2026 | |
| 4-Bed Triplex | 380–550sqm | $1,500,000 – $2,200,000 | Available | Q2 2026 |
In summary, Eko Atlantic apartment prices start from:
Entry-level units start from $293,260 (Phoenix Tower / Phoenix Rising).
Mid-tier family apartments range from $466,000 – $900,000.
Luxury penthouses go up to $3.2M.
Most projects offer flexible 24–36 month payment plans, making ownership accessible.
📞 Ready to secure your apartment?
Call: +2347044086868 | +2348055247479
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📧 Email: sales@nsidersrealestates.com
How Much is Land in Eko Atlantic City (2025)?
If you’re wondering “how much does land cost in Eko Atlantic City?”, here’s the latest update:
- Minimum Plot Size: 2,200 sqm
- Price per sqm: From $1,150 depending on location
- Use: Residential, Commercial, or Mixed-Use
- Title: Certificate of Occupancy
- Payment plan: available and depend on your proposal
Note: Smaller 1,200 sqm plots in Phase 3 sold out quickly, proving just how much demand there is.
Why Investors Are Moving In Now
- Capital Appreciation – Prices have been climbing steadily, and early buyers are already seeing significant gains.
- Global Prestige – Owning property here places you in the same category as investors in Dubai Marina or Canary Wharf.
- Flexible Payment Plans – Making ownership more accessible than Ikoyi or Banana Island.
- Free Zone Benefits – Zero withholding tax, zero corporate tax, zero VAT within the zone.
Frequently Asked Questions (FAQ) About Eko Atlantic City
1. Is Eko Atlantic City only for the super-rich?
No. Entry-level apartments start from $293,260 with flexible payment plans — more accessible than Ikoyi or Banana Island.
2. Can foreigners buy property in Eko Atlantic?
Yes. Foreigners can own property outright with a C of O title.
3. Is Eko Atlantic a foreign investment?
Yes. Property in Eko Atlantic City is priced in U.S. dollars because the city is designated as a free trade zone. This makes it perfect for foreign investors and Nigerians in the diaspora who want to keep their wealth in USD and protect their investment from naira depreciation and currency fluctuations.
4. Is it safe from flooding?
Yes. The Great Wall of Lagos is engineered to withstand extreme ocean surges, protecting Eko Atlantic and Victoria Island.
5. Is Eko Atlantic city a free zone?
Yes. It is a free trade zone designed for businesses to thrive with a lot of tax incentives and benefits such as Zero corporate income tax, Zero VAT on purchases within the zone, Zero withholding tax on dividends, and Exemption from forex controls.
6. How do I buy property in Eko Atlantic?
Contact Insiders Real Estate, they are expert in all types of developments in Eko Atlantic city. They handle inspections, negotiations, and documentation for clients both Nigerians, foreigners, and diaspora.
Contact them via: +2347044086868, +2348055247479
Chat on WhatsApp or click here to email
Final Thoughts
Eko Atlantic City is no longer “coming.” It’s here. And 2025 is the year smart investors are securing their spots.
Whether you want a penthouse overlooking the ocean, a mid-tier apartment on flexible payments, or land to develop your own tower, the opportunities are endless.
📞 Call us today at +2347044086868 or +2348055247479
💬 Chat with us on WhatsApp
📧 Email: sales@nsidersrealestates.com
Don’t wait. The city is rising, prices are climbing, and your chance to own in Eko Atlantic City is now.
Invest in the future of Lagos. Own a piece of Eko Atlantic City today.
