U3 Estate, Lekki Phase 1: (Full Review + Price List)

U3 Estate, Lekki Phase 1: Full Details with Complete Breakdown and Price List

U3 Estate, located in Lekki Phase 1, Lagos, Nigeria, is a prestigious gated residential estate known for its serene environment, luxury properties, and proximity to key amenities. This article provides a comprehensive overview of the estate, including property types, features, pricing, and additional costs, based on available real estate listings.

Overview of U3 Estate

U3 Estate is situated in the heart of Lekki Phase 1, a prime residential area in Lagos, characterized by well-planned infrastructure, good road networks, and access to shopping malls, restaurants, and social hotspots. The estate is access-controlled, offering 24-hour security, steady power supply, and beautifully landscaped surroundings, making it a top choice for affluent residents and investors. Its location near Petrocam Petrol Station, Zenith Bank, and Ecobank enhances its accessibility.

Property Types Available

U3 Estate offers a variety of residential properties, including apartments, terraced duplexes, semi-detached and fully detached houses, and land parcels. Below is a breakdown of the property types available for sale and rent, along with their features and price ranges.

1. Apartments

Apartments in U3 Estate range from studio units to 3-bedroom flats, catering to singles, small families, and corporate tenants.

  • Studio Apartment
    • Features: Fixed air conditioning, shared kitchen (optional open-plan kitchen), gated estate, 18 hours of power, good road network, flood-free area.
    • Location: Close to U3 Estate gate, Lekki Right.
    • Rental Price: ₦1,800,000 per annum.
    • Additional Costs:
      • Agency Fee: 10% (₦180,000)
      • Legal Fee: 10% (₦180,000)
      • Caution Deposit: ₦180,000
      • Service Charge: ₦285,000 per annum
      • Inspection Fee: ₦5,000
    • Source: Nigeria Property Centre
  • 2-Bedroom Apartment
    • Features: Serviced units with 1-room BQ (Boys’ Quarters), fitted AC, fitted kitchenette, swimming pool, 2 standby generators, dedicated transformer, adequate parking, water treatment plant.
    • Location: U3 Estate, Lekki Right.
    • Rental Price: ₦8,000,001 per annum (minimum 2-year lease for corporate letting).
    • Additional Costs:
      • Service Charge: ₦2,500,000 per annum
      • Agency Fee: 10%
      • Legal Fee: 10%
      • Caution Deposit: 10%
    • Source: Nigeria Property Centre
  • 3-Bedroom Apartment/Maisonette
    • Features: Fully furnished, gated estate, 24-hour security, fitted kitchen, all rooms en-suite.
    • Location: U3 Estate, Lekki Phase 1.
    • Sale Price: ₦65,000,000–₦73,000,000.
    • Rental Price: ₦6,000,000 per annum (furnished).
    • Additional Costs (Rental):
      • Agency Fee: 10% (₦600,000)
      • Legal Fee: 10% (₦600,000)
      • Caution Deposit: ₦500,000
      • Service Charge: To be determined
    • Source: Private Property Nigeria, PropertyPro.ng

2. Terraced Duplexes

Terraced duplexes are popular for families seeking spacious living with modern amenities.

  • 3-Bedroom Terraced Duplex
    • Features: Self-compound, mini flat BQ, fitted kitchen, all rooms en-suite, ample parking, good road network.
    • Location: U3 Estate, Lekki Right.
    • Sale Price: ₦200,000,000.
    • Source: Nigeria Property Centre
  • 4-Bedroom Terraced Duplex
    • Features: Open-plan fully fitted kitchens, open terrace on master’s floor, family lounge, premium fitted bathrooms and wardrobes, contemporary exterior, 2-car parking, central water and power, access-controlled estate, good drainage.
    • Location: The Haven Court, U3 Estate, Lekki Phase 1.
    • Sale Price: ₦180,000,000–₦200,000,000 (off-plan, flexible payment: 50% upfront, balance spread over 10 months).
    • Title: Certificate of Occupancy (C of O).
    • Delivery Date: December 2022 (past projects).
    • Source: Nigeria Property Centre

3. Detached and Semi-Detached Houses

These properties offer luxury and exclusivity, often with additional amenities like swimming pools and home automation.

  • 4-Bedroom Fully Detached Duplex
    • Features: Well-paved compound, located on a major road, fitted kitchen, all rooms en-suite, ample parking, well-illuminated rooms.
    • Location: U3 Estate, Lekki Phase 1.
    • Sale Price: ₦120,000,000.
    • Source: Private Property Nigeria
  • 5-Bedroom Semi-Detached House
    • Features: Newly built, tastefully finished, 1-room BQ, fitted kitchen, premium fittings.
    • Location: U3 Estate, Lekki Right.
    • Sale Price: ₦600,000,000.
    • Rental Price: ₦25,000,000 per annum.
    • Additional Costs (Rental):
      • Agency Fee: 10% (₦2,500,000)
      • Legal Fee: 10% (₦2,500,000)
      • Caution Deposit: 10% (₦2,500,000)
    • Source: Nigeria Property Centre
  • 5-Bedroom Fully Detached Duplex
    • Features: Swimming pool, cinema, home office, 3-room BQ, fitted kitchen, large living room, POP ceiling, balcony, ample parking, constant power supply, 4-car parking, central sewage system.
    • Location: U3 Estate, Lekki Phase 1.
    • Sale Price: ₦550,000,000–₦700,000,000.
    • Title: Governor’s Consent.
    • Payment Plan: Initial deposit 50%, balance over 6 months.
    • Construction Stage: 80% complete, delivery Q3 2025.
    • Source: Nigeria Property Centre
  • Luxury 5-Bedroom Detached Duplex
    • Features: Brand new, 1-room BQ, central sound system, stamped concrete floor, CCTV surveillance, water treatment, 24-hour security.
    • Location: U3 Estate, Lekki Phase 1.
    • Sale Price: ₦670,000,000.
    • Title: Certificate of Occupancy.
    • Source: PropertyPro.ng

4. Land

Land parcels are available for investors looking to develop custom properties.

  • Residential Land
    • Size: 1,100–1,136 sqm.
    • Features: Fenced and gated, bare land, serene location.
    • Location: Chris Otulana Crescent, U3 Estate, Lekki Phase 1.
    • Sale Price: ₦190,000,000.
    • Title: Certificate of Occupancy.
    • Source: Private Property Nigeria, Nigeria Property Centre

5. Shortlet Properties

Shortlet options are available for temporary stays, ideal for visitors or professionals.

  • 4-Bedroom Terrace
    • Features: Tastefully furnished, personal parking space, serene estate.
    • Location: U3 Estate, Marwa, Lekki Phase 1.
    • Shortlet Price:
      • 2-Bedroom: ₦65,000/day
      • 3-Bedroom: ₦75,000/day
      • 4-Bedroom: ₦90,000/day
    • Source: PropertyPro.ng

Price List Summary

Below is a consolidated price list for properties in U3 Estate, Lekki Phase 1 (as of June 25, 2025, in Nigerian Naira, ₦).

For Sale

Property Type Price Range (₦) Title/Documentation
Studio Apartment Not available –
2-Bedroom Apartment Not available –
3-Bedroom Apartment/Maisonette 65,000,000–73,000,000 C of O
3-Bedroom Terraced Duplex 200,000,000 –
4-Bedroom Terraced Duplex 180,000,000–200,000,000 C of O
4-Bedroom Detached House 120,000,000 –
5-Bedroom Semi-Detached House 600,000,000 –
5-Bedroom Detached House 550,000,000–700,000,000 Governor’s Consent, C of O
Land (1,100–1,136 sqm) 190,000,000 C of O

For Rent

Property Type Price Range (₦/Year) Additional Costs (₦)
Studio Apartment 1,800,000 Agent: 180,000, Legal: 180,000, Caution: 100,000, Service: 285,000
2-Bedroom Apartment 8,000,001 Agent: 10%, Legal: 10%, Caution: 10%, Service: 2,500,000
3-Bedroom Apartment 6,000,000 Agent: 600,000, Legal: 600,000, Caution: 500,000
4-Bedroom Terraced Duplex 10,000,000–14,000,000 Agent: 10%, Legal: 10%, Caution: 700,000
5-Bedroom Semi-Detached House 25,000,000 Agent: 2,500,000, Legal: 2,500,000, Caution: 3,000,000
5-Bedroom Detached House 12,000,000 Agent: 5%, Legal: 5%, Caution: 500,000

Shortlet

Property Type Price (₦/Day)
2-Bedroom Terrace 65,000
3-Bedroom Terrace 75,000
4-Bedroom Terrace 90,000

Additional Costs Breakdown

When purchasing or renting properties in U3 Estate, additional costs typically include:

  • Agency Fee: 5–10% of the sale or rental price.
  • Legal Fee: 5–10% of the sale or rental price, covering documentation and agreements.
  • Caution Deposit: Refundable deposit for damages, ranging from ₦100,000 to ₦3,000,000, depending on the property.
  • Service Charge: Annual fee for estate maintenance (e.g., security, power, water treatment), ranging from ₦285,000 to ₦2,500,000.
  • Inspection Fee: ₦5,000 (for some rental properties).

Key Features of U3 Estate Properties

  • Security: 24-hour security with CCTV surveillance and access-controlled gates.
  • Power Supply: Steady electricity with standby generators, solar inverters, or dedicated transformers.
  • Water Supply: Central water treatment plants ensure adequate supply.
  • Amenities: Swimming pools, cinemas, home offices, fitted kitchens, central sound systems, and Google Home automation (in select properties).
  • Infrastructure: Good paved roads, effective drainage networks, and proximity to public amenities like malls and banks.
  • Titles: Most properties come with a Certificate of Occupancy or Governor’s Consent, ensuring clear ownership.

Investment Opportunities

U3 Estate presents lucrative investment opportunities due to its prime location and high demand. Off-plan properties, such as the 4-bedroom townhouses at The Haven Court, allow buyers to purchase at lower prices (e.g., ₦180,000,000) with projected resale values of ₦350,000,000 upon completion. Flexible payment plans (50% initial deposit, balance spread over 6–10 months) make it accessible for investors.

Conclusion

U3 Estate, Lekki Phase 1, is a haven for luxury living and investment in Lagos. With a wide range of properties, from affordable studio apartments to high-end detached duplexes, the estate caters to diverse needs. Prices are competitive for the area, with robust infrastructure and security adding value. Prospective buyers or tenants should verify listings with reputable agents and inspect properties before making payments.

For further inquiries or inspections, contact verified agents via platforms like PropertyPro.ng, PrivateProperty.com.ng, or Nigeria Property Centre. Always ensure payments are made after verifying the landlord or agent to avoid scams.

Note: Prices and availability are subject to change. The data presented is based on listings from 2018–2025 and may not reflect current market conditions. Contact agents for updated information.

Sources:

  • Private Property Nigeria
  • PropertyPro.ng
  • Nigeria Property Centre

bornbyai

Protected by CleanTalk Anti-Spam