Are you planning to invest in Ibeju Lekki or just want to explore what Ibeju Lekki has to offer?
welcome to the new frontier of Lagos real estate — Ibeju Lekki.
If you’ve been hearing a lot about Ibeju Lekki and wondering what all the hype is about, you’re not alone. Since 2022, it has become one of the hottest real estate corridors in Africa. Ibeju Lekki is now home to Nigeria’s biggest infrastructural projects. From the Dangote Refinery, to the Lekki Deep Sea Port, Lekki International Airport, Alaro City, and Free Trade Zone, Ibeju Lekki is being transformed into what many now call the “New Lagos.” But what does that actually mean for you as an investor or first-time land buyer? And beyond the hype, what exactly makes Ibeju Lekki so special? Where exactly is Ibeju Lekki? Is it on the Island? How far is it from Lekki Phase 1? And most importantly, is it worth investing in? How much does land cost? And most how do you invest safely and profitably?
In this comprehensive guide I will answer all those questions and will break down everything you need to know about Ibeju Lekki in 2025 and beyond.
If you want to explore the investment opportunities in Ibeju Lekki feel free to give us a call on +2347044086868 or click here to send us a Dm of WhatsApp or click here to send us an Email.
Where Is Ibeju Lekki Located?
Ibeju Lekki is a local government area (LGA) in the eastern part of Lagos State, Nigeria. It’s situated along the Lekki-Epe Expressway and begins after Ajah, Sangotedo, and Awoyaya. And It stretches from Abijo to Eleko Junction, and it end at Alaro City where it shares boundary with Epe Town, Epe LGA. It’s bordered by Lekki Eti-Osa LGA to the west, the Atlantic Ocean to the south, Epe to the north and east
In simple terms, Ibeju Lekki sits between Lekki and Epe, but it’s much more than just a location on a map. It’s strategically positioned near several major government and private projects that are reshaping the entire axis.
Most importantly, Ibeju Lekki is the host location of the Lekki Free Trade Zone, one of the largest in West Africa. This makes it a prime hotspot for industries, logistics, tourism, and residential estates. All of which are fueling rapid development and skyrocketing land demand.
Below is a video of our road tour to Ibeju Lekki on the Lekki Epe Expressway starting from Sangotedo Ajah.
What’s the difference between Lekki and Ibeju Lekki?
Many people confuse Lekki and Ibeju Lekki. although both locations share many things in common but they are different in many ways. First, both locations are in a different local government area of Lagos. Lekki is in Eti-Osa Local government area of Lagos which encompasses notable locations such as Victoria Island, Ikoyi, Lekki and Ajah. Ibeju Lekki on the other hand is in Ibeju Lekki Local government area which encompasses notable locations such as Awoyaya, Abijo, Idera, Eleko, Lakwe, Eleregbe, Aiyetoro. In terms of development Lekki is developed but Ibeju Lekki is on the rise. Here’s a simple breakdown:
| Feature | Lekki | Ibeju Lekki |
| Development | Fully urbanized | Rapidly developing |
| Price Range (land) | ₦50M–₦900M+ | ₦10M–₦45M+ |
| Infrastructure | Existing (roads, drainage) | Ongoing (some areas bush) |
| Investment Phase | Maturity stage | Early growth phase |
| ROI Potential | Slower but stable | High if you choose wisely |
To further explain the table above, Lekki is fully urbanized while Ibeju Lekki is still developing rapidly. In terms of land the price ranges from ₦50M to ₦900M and above in areas like admiralty road Lekki phase 1, chevron, and Ikate. Ibeju Lekki lands start at an entry price of ₦10M in bushes and it goes as high as ₦90M in areas like awayaya, and ₦45 in Idera, Eleko, Eleranigbe, and Aiyetoro. This means that Ibeju Lekki is still in it early growth stage and it has high return on investment potential compare to Lekki which is already in its maturity stage.
Is Ibeju Lekki on the Island?
Yes. Ibeju Lekki is located on the Lagos Island axis.
But let’s break that down a bit so there’s no confusion.
When most people hear “Island” in Lagos, they think only of places like Lekki Phase 1, Ikoyi, or Victoria Island. However, the Island is a much larger stretch of land extending along the Lekki-Epe Expressway, and Ibeju Lekki falls within that coastal corridor.
Here’s how the Island axis typically flows:
Ikoyi → Victoria Island → Lekki Phase 1 → Ajah → Sangotedo → Lakowe → Ibeju Lekki → Epe
So while Ibeju Lekki is not in the highbrow parts of the Island like VI or Lekki Phase 1, it’s still very much on the Island — and more importantly, it’s one of the fastest-developing parts of it.
In fact, what makes Ibeju Lekki even more attractive is its massive land space and low entry price, which you can no longer find in central Lekki.
We broke down everything in this episode — from location, infrastructure, pricing, and returns:
Or listen on Spotify
or Search “Lagos Real Estate Insider” on your favorite platform
How Far is Ibeju Lekki from Lekki Phase 1?
Ibeju Lekki is approximately 40 to 55 kilometers from Lekki Phase 1, depending on the exact location within Ibeju Lekki and traffic conditions.
On average, it takes about 45 minutes to 55 minutes to drive from Lekki Phase 1 to Ibeju Lekki when the roads are clear. However, during peak traffic hours, the journey can stretch up to 1 hours 10 minutes, especially if you’re going further towards areas like Eleko Junction or Free Trade Zone.
The travel time depends on traffic on Lekki-Epe Expressway especially around Ajah and Sangotedo area. And ongoing construction of the pedestrian bridges and installation of street light on the Lekki-Epe Expressway.
You can book a free physical and virtual site inspection with our team and we’ll drive you there and show you the best estates firsthand.
Click here to call us now or click to chat on WhatsApp. You can also email us by clicking here to schedule an inspection today.
is Ibeju Lekki worth investing in?
Yes. Ibeju Lekki is still one of the most promising real estate investment corridors in Lagos, but only if you invest early. So areas like Idera and Eleko are already getting out of affordable tag. Land in those areas range from ₦45M to ₦75M for a plot of land.
click here to view our latest Ibeju Lekki listing
We breakdown more about investing in ibeju Lekki comprehensively in this post but here’s why it’s worth considering:
1. Massive Infrastructure Projects
The region has over $20B worth of investment in both government and private projects and it is home to some of the biggest government and private sector developments in West Africa, including: Lekki Deep Sea Port, Dangote Refinery, a $23.9 billion second largest refinery in the world. Lagos Free Trade Zone, a business hub design for foreign company and investors with tax incentives. Lekki-Epe International Airport, and Alaro City, a free trade zone home to over 60 foreign and local companies. These projects are not just hype — some are under construction and others are already operational. And as infrastructure develops, land value continues to rise.
2. Affordable Entry Point
Compared to Lekki Phase 1 or Ikoyi, land in Ibeju Lekki is still relatively affordable, making it a smart entry point for first-time investors or those looking to hold long-term. click here to see the most affordable land in Ibeju Lekki near the Lekki international airport.
3. High Growth Potential
The return on investment in the last 5 years has been significant. Early investors in areas like Eleko, Oribanwa, and Ibeju town have seen land values triple depending on proximity to key infrastructure.
But let’s be real…
Not all parts of Ibeju Lekki are developed yet, meaning some locations may take years before full infrastructure and appreciation kicks in.
Therefore, Ibeju Lekki is Worth It If You Buy Right.
Ibeju Lekki is worth investing in if you choose the right estate, title, and strategic locations. It’s not a get-rich-quick scheme, it’s a long-term investment with real potential.
You want to hear our breakdowns?
Listen to our podcast episode:
“Top 10 lands for sale in Ibeju Lekki that will make you rich”
on podcast
Click here to call us now or click to chat on WhatsApp. You can also email us by clicking here for a free consultation and verified property recommendations.
How to Invest Safely and Profitably in Ibeju Lekki
Investing in Ibeju Lekki is incredibly rewarding but only when you work with people who know the land, the risks, and the hidden opportunities.
At Insiders Real Estate, we help everyday Nigerians, diasporans, foreigners, and first-time investors avoid omo-onile scams, choose only fast-developing, high-return areas, get access to exclusive offers from top estate developers, provide free site inspections with no pressure to buy, and more. We’ve helped tens of smart investors buy genuine land, build wealth, and avoid regret. And we will like to help you too.
Ready to Get Started?
Whether you’re in Lagos or abroad, here’s how you can work with us:
Call us now: +2347044086868
Chat on WhatsApp: https://wa.me/2347044086868
Email: sales@nsidersrealestates.com
Or book a free one-on-one consultation or estate inspection tour today.
Let’s help you invest wisely, grow your wealth, and own a piece of The New Lagos — without stress or stories.
