Top 10 Most Expensive Houses in Lagos, Nigeria (2025)
Lagos, Nigeria’s economic powerhouse, is renowned for its luxurious real estate market, where opulent mansions and high-end apartments symbolize wealth and status. Neighborhoods like Banana Island, Ikoyi, and Victoria Island host some of Africa’s most expensive properties, featuring architectural grandeur, state-of-the-art amenities, and prime locations. Below is a list of the top 10 most expensive houses in Lagos for 2025, including their descriptions, addresses, nearest bus stops, amenities, estimated price ranges, social media accounts (where applicable), and owner details where available. Prices are based on reported values or estimated using current market trends in Lagos’ luxury real estate sector.
1. Folorunsho Alakija’s Mansion
Description: Reportedly the most expensive house in Nigeria and the fourth most expensive residential house globally, this Ikoyi mansion, built by Julius Berger, is a bulletproof masterpiece with light wells instead of windows. Spanning over 2,288 square meters, it features a helipad, private cinema, and lavish interiors with marble floors and Swarovski crystal chandeliers.
Address: Ikoyi, Lagos (exact address private for security reasons)
Nearest Bus Stop: Ikoyi Bus Stop
Services (Amenities): Helipad, private cinema, bulletproof structure, multiple lavish bedrooms, gold-plated furniture, Swarovski chandeliers, expansive master suite.
Price Range: ~$700 million (₦1.1 trillion at 2025 exchange rates).
Social Media Accounts: Not publicly listed; associated with @alakijaofficial (Folorunsho Alakija’s personal Instagram).
Owner: Mrs. Folorunsho Alakija, Vice-Chairman of Famfa Oil, businesswoman, and philanthropist.
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2. Mike Adenuga’s Mansion
Description: Located on Banana Island, this sprawling estate by Nigeria’s second-richest man and Globacom founder is an architectural marvel. Covering three hectares, it includes nine complexes, with eight for family and guests and one as Adenuga’s residence and home office. Features include over 100 bedrooms, imported marble floors, infinity pools, and expansive balconies.
Address: Banana Island, Ikoyi, Lagos
Nearest Bus Stop: Banana Island Bus Stop
Services (Amenities): Over 100 bedrooms, infinity pool, expansive balconies, white-shaded verandas, multiple complexes, high-security systems.
Price Range: ₦80 billion–₦100 billion ($50 million–$62.5 million).
Social Media Accounts: Not publicly listed; associated with @globacomlimited (Globacom’s Instagram).
Owner: Mike Adenuga, billionaire and owner of Globacom and Conoil.
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3. Okwudili Umenyiora’s Mansion
Description: This futuristic mansion in Lekki, owned by the CEO of Dilly Motors, took four years to build and is valued at ₦10 billion. It features LED floor televisions, elevators, indoor and outdoor swimming pools, and a multi-car garage, embodying minimalist luxury.
Address: Lekki Phase 1 (Oniru New Market), Lagos
Nearest Bus Stop: Lekki Phase 1 Bus Stop
Services (Amenities): Elevators, indoor/outdoor swimming pools, LED floor TVs, multi-car garage, minimalist interior design, high-security systems.
Price Range: ₦10 billion ($6.25 million).
Social Media Accounts: Not publicly listed.
Owner: Okwudili Umenyiora, CEO of Dilly Motors.
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4. Aliko Dangote’s Mansion
Description: Owned by Africa’s richest man, this Lagos mansion (often referenced alongside his Abuja property) is a luxurious residence in Ikoyi, featuring bulletproof bedrooms, multiple swimming pools, and a helipad. It reflects Dangote’s status as the head of Dangote Group.
Address: Ikoyi, Lagos (exact address private)
Nearest Bus Stop: Ikoyi Bus Stop
Services (Amenities): Bulletproof bedrooms, multiple swimming pools, helipad, conference room, high-security systems, luxury interiors.
Price Range: ₦5 billion–₦8 billion ($3.1 million–$5 million).
Social Media Accounts: Not publicly listed; associated with @dangotegroup (Dangote Group’s Instagram).
Owner: Aliko Dangote, Chairman of Dangote Group.
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5. P-Square’s Mansion
Description: Owned by the former music duo Peter and Paul Okoye, this Banana Island mansion is described as “pure heaven,” featuring a swimming pool, underground bunker, six living rooms, ten master bedrooms, a private home theater, and a trendy kitchen.
Address: Banana Island, Ikoyi, Lagos
Nearest Bus Stop: Banana Island Bus Stop
Services (Amenities): Swimming pool, underground bunker, six living rooms, ten master bedrooms, private home theater, luxurious lounge, trendy kitchen.
Price Range: ₦1.5 billion ($937,500).
Social Media Accounts: Instagram: @peterpsquare, @rudeboypsquare
Owner: Peter and Paul Okoye (P-Square).
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6. Linda Ikeji’s Mansion
Description: Acquired in 2016, this six-bedroom mansion in Banana Island, owned by Nigeria’s top blogger, features marble floors, towering columns, a home theater, multiple lounges, three sitting rooms, and a large swimming pool.
Address: Banana Island, Ikoyi, Lagos
Nearest Bus Stop: Banana Island Bus Stop
Services (Amenities): Six bedrooms, home theater, multiple lounges, three sitting rooms, large swimming pool, marble floors, towering columns.
Price Range: ₦800 million–₦1 billion ($500,000–$625,000).
Social Media Accounts: Instagram: @officiallindaikeji
Owner: Linda Ikeji, blogger and entrepreneur.
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7. E-Money’s Mansion
Description: Owned by businessman Emeka Okonkwo, this Banana Island mansion features gold-plated interiors, a pool, home theater, gym, penthouse, and sprawling grounds, reflecting his flamboyant lifestyle.
Address: Banana Island, Ikoyi, Lagos
Nearest Bus Stop: Banana Island Bus Stop
Services (Amenities): Gold-plated interiors, swimming pool, home theater, gym, penthouse, expansive grounds.
Price Range: ₦250 million–₦500 million ($156,250–$312,500).
Social Media Accounts: Instagram: @iam_emoney1
Owner: Emeka Okonkwo (E-Money), businessman and music label owner.
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8. Bola Tinubu’s Mansion
Description: Located on the prestigious Bourdillon Road, this mansion belongs to the former Lagos governor and APC national leader. It features lush greenery, high-security systems, and luxurious interiors, with Tinubu owning multiple properties in Lagos.
Address: 26 Bourdillon Road, Ikoyi, Lagos
Nearest Bus Stop: Ikoyi Bus Stop
Services (Amenities): High-security systems, lush greenery, luxurious interiors, multiple living areas.
Price Range: ₦1 billion ($625,000).
Social Media Accounts: Instagram: @officialasiwajubolatinubu
Owner: Senator Bola Tinubu, politician and former Lagos governor.
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9. AY Makun’s Mansion
Description: Owned by comedian AY Makun, this Lagos mansion in Lekki features a penthouse, his-and-hers walk-in closets, a cinema, game room, library, indoor/outdoor swimming pools, tennis courts, and a spa, designed by Midas Interiors (owned by his wife, Mabel).
Address: AY Makun Street, Lekki, Lagos
Nearest Bus Stop: Lekki Phase 1 Bus Stop
Services (Amenities): Penthouse, walk-in closets, cinema, game room, library, indoor/outdoor pools, tennis courts, spa, automatic fire suppression system, steel doors.
Price Range: ₦1 billion–₦1.5 billion ($625,000–$937,500).
Social Media Accounts: Instagram: @aycomedian
Owner: AY Makun, comedian and filmmaker.
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10. LucreziaBySujimoto
Description: Developed by Sujimoto Construction, this is Lagos’ most expensive residential building, featuring eight 5-bedroom terrace apartments and two penthouses in Banana Island. It boasts state-of-the-art amenities and a 250% ROI potential, redefining luxury living.
Address: Banana Island, Ikoyi, Lagos
Nearest Bus Stop: Banana Island Bus Stop
Services (Amenities): Rooftop pools, private gyms, smart home technology, high-security systems, expansive waterfront views, concierge services.
Price Range: $5 million–$50 million per unit (₦8 billion–₦80 billion).
Social Media Accounts: Instagram: @sujimotong
Owner: Sujimoto Construction (individual unit owners vary).
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Conclusion
The top 10 most expensive houses in Lagos, concentrated in elite neighborhoods like Banana Island and Ikoyi, reflect the city’s status as Nigeria’s luxury real estate hub. Valued from ₦250 million to over ₦1.1 trillion, these properties feature unparalleled amenities like helipads, private cinemas, and bulletproof designs, owned by Nigeria’s wealthiest individuals and developed by top firms like Sujimoto. Prices are driven by prime locations, architectural innovation, and exclusivity. For the latest valuations or inquiries, contact estate agents or check platforms like PropertyPro or Jiji.ng.