Comprehensive Guide to Dream Estate, Lekki: Full Details with Price Breakdown
Dream Estate, located along Chevron Drive in Lekki Phase 2, Lagos, Nigeria, is a modern gated residential community developed by Dream Estates Lekki Limited. Positioned near the 2nd Toll Gate on the Lekki-Epe Expressway, this estate offers a tranquil and secure environment, ideal for families, professionals, and investors seeking a blend of luxury and accessibility. Approximately 20-30 minutes from Victoria Island during off-peak traffic, Dream Estate is known for its strategic location near Chevron’s headquarters, Atlantic Mall, and the Lekki Conservation Centre. Operated by innovative real estate consultants, the estate focuses on providing personalized service to create cherished homes and high-value investments. This article provides a detailed overview of Dream Estate, including its features, amenities, and a complete price breakdown for properties available for sale and rent, based on the latest data as of June 2025.
Overview of Dream Estate
Dream Estate is a well-planned residential community in the upscale Lekki-Chevron area, designed to offer tranquility amidst Lagos’ bustling urban landscape. Founded by Dream Estates Lekki Limited with a mission to deliver exceptional real estate services, the estate caters to first-time homeowners and families seeking modern, secure residences. Its location along Chevron Drive, an alternative route to the Lekki-Epe Expressway, ensures connectivity to Lekki Phase 1, Ikoyi, and Victoria Island. The estate is close to key landmarks such as Atlantic Mall, Salvation Ministries, and the Lekki Conservation Centre (2-3 miles), making it a prime choice for those prioritizing convenience and lifestyle. Dream Estate emphasizes quality infrastructure and flood control, addressing Lekki’s waterlogged challenges, and is free from government acquisition concerns.
Features and Amenities of Dream Estate
Dream Estate is a fully serviced estate equipped with modern amenities to ensure a comfortable and secure living experience. Key features include:
- Security: 24/7 armed and unarmed security with high-resolution CCTV surveillance, gated access, and strict visitor clearance protocols for enhanced safety.
- Power Supply: Reliable electricity with dedicated transformers and backup generators, supplemented by individual inverters. Power is metered on a pay-as-you-go basis (approximately ₦230 per kilowatt).
- Water Supply: Centralized water treatment plant and boreholes providing clean, potable water to all residences.
- Infrastructure: Paved, interlocked roads with underground drainage systems to mitigate flooding, a critical feature in Lekki, and street lighting for safety and aesthetics.
- Recreational Facilities: Landscaped green areas and planned communal spaces for relaxation. While specific facilities like pools or gyms are not detailed, residents have access to nearby recreational hubs such as Atlantic Mall and Lekki Conservation Centre.
- Modern Design: Properties feature contemporary architecture with fitted kitchens (gas cookers, ovens, heat extractors), POP ceilings, inbuilt wardrobes, smart switches, water heaters, and modern sanitary wares.
- Landscaping: Well-maintained gardens and tree-lined streets, creating a serene and visually appealing environment.
- Service Charge: Approximately ₦500,000 – ₦800,000 per annum, covering security, waste management, water, and maintenance of common areas.
- Proximity: Close to Chevron’s headquarters, Atlantic Mall, Circle Mall, top schools, and recreational spots like Elegushi Royal Beach and Leisure Sports Paintball.
- Accessibility: Multiple access routes via Chevron Drive and Lekki-Epe Expressway, ensuring connectivity to major Lagos hubs.
Property Types and Price Breakdown
Dream Estate primarily offers residential land plots and completed properties such as terrace duplexes and detached duplexes, catering to buyers seeking custom development or move-in-ready homes. Below is a detailed breakdown of properties available for sale and rent, based on verified listings from sources like Nigeria Property Centre, PropertyPro Nigeria, and Dream Estates Lekki Limited’s channels, supplemented by indicative pricing for similar properties in Lekki Phase 2.
Properties for Sale
- Residential Land (Half Plot: 300-325 sqm)
- Price: ₦60,000,000 – ₦75,000,000
- Features:
- Dry, fenced, and gated land suitable for residential construction
- Access to estate infrastructure (paved roads, drainage, electricity, water)
- Secure environment with 24/7 security and CCTV
- Ideal for custom homes or investment properties
- Notable Listings:
- Half plot (325 sqm) at ₦65M in Dream Estate, Chevron Drive, Lekki Phase 2. Title: Certificate of Occupancy (C of O). Contact: Dream Estates Lekki Limited (08069240666).
- 300 sqm plot at ₦60M in Lekki Phase 2, Chevron area, indicative for Dream Estate. Title: C of O. Contact: Nigeria Property Centre.
- Title: Certificate of Occupancy (C of O)
- Residential Land (Full Plot: 600-650 sqm)
- Price: ₦120,000,000 – ₦140,000,000
- Features:
- Dry, fenced, and gated land suitable for residential construction
- Spacious plot ideal for larger homes or duplexes
- Access to estate amenities and infrastructure
- High investment potential due to prime location
- Notable Listings:
- Full plot (650 sqm) at ₦130M in Dream Estate, Lekki Phase 2. Title: C of O. Contact: Dream Estates Lekki Limited (08069240666).
- 600 sqm plot at ₦120M in Chevron Drive, indicative for Dream Estate. Title: C of O. Contact: PropertyPro Nigeria.
- Title: Certificate of Occupancy (C of O)
- 4-Bedroom Terrace Duplex with BQ
- Price: ₦100,000,000 – ₦150,000,000
- Features:
- 4 en-suite bedrooms with 1-room boys’ quarters (BQ)
- Fully fitted kitchen with microwave, oven, and heat extractor
- Spacious living area, guest toilet, family lounge, and modern finishes (POP ceilings, inbuilt speakers, smart switches)
- Parking for 3-4 cars, CCTV, and access to estate security
- Notable Listings:
- 4-bedroom terrace duplex with BQ at ₦120M in Dream Estate, Lekki Phase 2. Title: Governor’s Consent. Contact: Dream Estates Lekki Limited (08069240666).
- 4-bedroom terrace duplex at ₦150M in Chevron area, indicative for Dream Estate. Title: Governor’s Consent. Contact: Nigeria Property Centre (Ref: 1586108).
- Title: Governor’s Consent or C of O
- 5-Bedroom Fully Detached Duplex with BQ
- Price: ₦250,000,000 – ₦350,000,000
- Features:
- 5 en-suite bedrooms with 1-2 room BQ
- Fully fitted kitchen with pantry, microwave, oven, and high-end appliances
- Double-volume living area, family lounge, private swimming pool, and smart home features (CCTV, inbuilt speakers, automated gate)
- Spacious compound with parking for 4-5 cars and modern finishes (jacuzzi, chandeliers)
- Notable Listings:
- 5-bedroom detached duplex with BQ at ₦300M in Dream Estate, Chevron Drive. Title: C of O. Contact: Dream Estates Lekki Limited (08069240666).
- 5-bedroom detached duplex at ₦350M in Lekki Phase 2, indicative for Dream Estate. Title: C of O. Contact: Nigeria Property Centre.
- Title: Governor’s Consent or C of O
Properties for Rent
- 4-Bedroom Terrace Duplex with BQ
- Price: ₦5,000,000 – ₦7,000,000 per annum
- Features:
- 4 en-suite bedrooms with 1-room BQ
- Fully fitted kitchen with microwave, oven, and heat extractor
- Spacious living area, guest toilet, family lounge, and modern finishes
- 24/7 security, treated water, and parking for 3-4 cars
- Additional Fees: Agency (10%), legal (10%), caution (₦500,000), service charge (₦500,000 – ₦800,000)
- Notable Listings:
- 4-bedroom terrace duplex at ₦6M per annum in Dream Estate, Lekki Phase 2. Contact: Dream Estates Lekki Limited (08069240666).
- 4-bedroom terrace duplex at ₦7M per annum in Chevron area, indicative for Dream Estate. Contact: PropertyPro Nigeria.
- Total Package: Approximately ₦6.5M – ₦9.1M
- 5-Bedroom Fully Detached Duplex with BQ
- Price: ₦8,000,000 – ₦12,000,000 per annum
- Features:
- 5 en-suite bedrooms with 1-2 room BQ
- Fully fitted kitchen with pantry and high-end appliances
- Spacious living area, family lounge, private swimming pool, and smart home features
- 24/7 security, treated water, and parking for 4-5 cars
- Additional Fees: Agency (10%), legal (10%), caution (₦1M), service charge (₦800,000)
- Notable Listings:
- 5-bedroom detached duplex at ₦10M per annum in Dream Estate, Chevron Drive. Contact: Dream Estates Lekki Limited (08069240666).
- 5-bedroom detached duplex at ₦12M per annum in Lekki Phase 2, indicative for Dream Estate. Contact: Nigeria Property Centre.
- Total Package: Approximately ₦10.4M – ₦15.6M
Price Summary for Dream Estate
The price range for properties in Dream Estate reflects its premium location in Lekki Phase 2. Below is a summarized breakdown:
- For Sale:
- Residential Land (Half Plot, 300-325 sqm): ₦60M – ₦75M
- Residential Land (Full Plot, 600-650 sqm): ₦120M – ₦140M
- 4-Bedroom Terrace Duplex: ₦100M – ₦150M
- 5-Bedroom Fully Detached Duplex: ₦250M – ₦350M
- For Rent:
- 4-Bedroom Terrace Duplex: ₦5M – ₦7M per annum
- 5-Bedroom Fully Detached Duplex: ₦8M – ₦12M per annum
- Average Price:
- Sale: ₦150,000,000 (land and houses in Dream Estate, range: ₦60M – ₦350M).
- Rent: ₦6,000,000 per annum (Lekki Phase 2 average, with Dream Estate at ₦5M – ₦12M).
- Most Expensive Property: ₦350,000,000 (5-bedroom detached duplex).
- Cheapest Property: ₦60,000,000 (half plot, 300-325 sqm).
Why Invest in Dream Estate?
Dream Estate offers compelling reasons for investment, including:
- Prime Location: Situated along Chevron Drive, near Chevron’s headquarters, Atlantic Mall, and Lekki Conservation Centre, ensuring high demand from professionals and expatriates.
- High ROI: Properties yield 20-30% annual returns through rentals or resale, driven by Lekki Phase 2’s growing appeal.
- Flood-Free Infrastructure: Underground drainage systems mitigate Lekki’s flooding challenges, ensuring a stable living environment.
- Modern Amenities: Fitted kitchens, smart home features, and access to nearby recreational facilities cater to upscale lifestyles.
- Security: 24/7 security with CCTV and gated access ensures safety.
- Value Appreciation: Land prices in Lekki Phase 2 have risen significantly, with plots appreciating due to proximity to commercial and tourism hubs.
- Personalized Service: Dream Estates Lekki Limited focuses on individual client needs, making it ideal for first-time buyers or investors.
Considerations for Buyers and Renters
- Title Verification: Properties typically have a Certificate of Occupancy (C of O) or Governor’s Consent. Verify titles through reputable agents or legal professionals to avoid fraud, given concerns about real estate scams in Nigeria.
- Inspection: Contact Dream Estates Lekki Limited (08069240666, 26B UBA Rd, off Chevron Drive, Lekki) or platforms like Nigeria Property Centre for viewings.
- Service Charges: Budget for annual service charges of ₦500,000 – ₦800,000 for security, water, and maintenance.
- Payment Plans: Flexible payment plans are available for land plots (e.g., 20-50% initial deposit, balance over 6-12 months). Contact Dream Estates Lekki Limited for details.
- Market Trends: Property prices in Lekki Phase 2 are rising due to demand from energy companies (e.g., Chevron) and tourism (e.g., Lekki Conservation Centre), making Dream Estate a prime investment area.
- Development Focus: Buyers purchasing land should budget for construction costs, as the estate offers both plots and completed homes.
Conclusion
Dream Estate, located along Chevron Drive in Lekki Phase 2, is a premium gated community offering tranquility, security, and high investment potential. With land prices ranging from ₦60M for half plots to ₦140M for full plots, and houses from ₦100M for terrace duplexes to ₦350M for detached duplexes, the estate caters to affluent buyers and investors. Rentals range from ₦5M to ₦12M per annum, reflecting its upscale appeal. Its flood-free infrastructure, modern amenities, and strategic location near Chevron’s headquarters and Atlantic Mall make it an ideal choice for those seeking a serene yet connected lifestyle in Lagos’ competitive real estate market.