Comprehensive Guide to Diamond Estate, Lekki: Full Details with Price Breakdown

Diamond Estate, located along Monastery Road in Sangotedo, Lekki, Lagos, Nigeria, is a gated, serviced residential community developed by Femab Properties Limited. Positioned just off the Lekki-Epe Expressway, near Shoprite (Novare Mall), this estate is known for its well-planned infrastructure, flood-free environment, and proximity to commercial and recreational hubs. Approximately 30-45 minutes from Victoria Island during off-peak traffic, Diamond Estate offers a serene yet accessible living experience, making it a popular choice for families, professionals, and investors. This article provides a detailed overview of Diamond 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 Diamond Estate

Diamond Estate is a well-established residential community in Sangotedo, Lekki, designed to provide a secure, modern, and comfortable living environment. The estate is strategically located near key landmarks such as Shoprite Circle Mall, Pan African University (5 minutes away), Lekki Conservation Centre (6.1 miles), and Elegushi Royal Beach. Its proximity to the Lekki-Epe Expressway ensures connectivity to Lekki Phase 1, Victoria Island, and Ikoyi. Developed by Femab Properties, Diamond Estate is divided into phases (Phase 1 and Phase 2), with Phase 1 fully occupied and thriving, and Phase 2 offering newer developments at competitive prices. The estate is noted for its well-maintained roads, effective drainage, and lush green areas, making it a standout in the Ajah-Sangotedo axis.

Features and Amenities of Diamond Estate

Diamond Estate is a fully serviced estate with modern infrastructure and amenities, ensuring a high-quality lifestyle. Key features include:

Security: 24/7 armed and unarmed security with CCTV surveillance and strict access control, requiring visitors to be cleared by residents and issued a tag for entry and exit.
Power Supply: Reliable electricity supply connected to the EKDC power station, supplemented by individual generators or inverters. Some properties benefit from 24-hour power through estate management, with pay-as-you-go billing (approximately ₦230 per kilowatt).
Water Supply: Centralized water treatment plant and boreholes providing clean, potable water to all residences.
Infrastructure: Paved, interlocked roads with covered drainage systems on both sides to prevent flooding, and street lighting for safety and aesthetics.
Recreational Facilities: Ample green areas, landscaped gardens, and courtyards. While communal recreational facilities are limited, some properties include private swimming pools, and residents have access to nearby recreational centers like Novare Mall and Elegushi Royal Beach.
Modern Design: Properties feature contemporary architecture with fully fitted kitchens (gas cookers, ovens, microwaves, heat extractors), POP ceilings, inbuilt Bluetooth speakers, smart switches, walk-in closets, water heaters, and modern sanitary wares. Some units include jacuzzis and CCTV.
Landscaping: Well-maintained lawns, tree-lined streets, and green areas, creating a serene and visually appealing environment.
Service Charge: Approximately ₦480,000 – ₦800,000 per annum, covering security, waste management, water, and road maintenance.
Proximity: Close to Shoprite (Novare Mall), Domino’s Pizza, Pan African University, and recreational spots like Lekki Miami Beach and Lufasi Nature Park.
Accessibility: Easy access via Lekki-Epe Expressway, with alternative routes through Sangotedo and proximity to VGC, ensuring connectivity to major Lagos hubs.

Property Types and Price Breakdown

Diamond Estate offers a range of properties, including terrace duplexes, semi-detached and fully detached duplexes, bungalows, and land, catering to diverse budgets. Below is a detailed breakdown of properties available for sale and rent, based on verified listings from sources like Nigeria Property Centre, PropertyPro Nigeria, Private Property Nigeria, and Jiji.ng.

Properties for Sale

3-Bedroom Bungalow with BQ
- Price: ₦60,000,000 – ₦100,000,000
- Features:
  - 3 en-suite bedrooms with a mini-flat boys’ quarters (BQ)
  - Fully fitted kitchen with gas cooker, oven, and heat extractor
  - Spacious living area, guest toilet, and modern finishes (POP ceilings, wardrobes)
  - 24/7 security, treated water, and flood-free drainage
  - Parking for 2-3 cars
- Notable Listings:
  - A 3-bedroom flat bungalow with a mini-flat BQ at ₦65M, with FHA allocation papers. Contact: The Home Properties.
  - A renovated corner-piece 3-bedroom bungalow at ₦100M in Diamond Estate, Egbeda. Title: FHA Allocation Papers. Contact: G-praddi Limited (08062818310).
- Title: FHA Allocation Papers or Certificate of Occupancy (C of O)
4-Bedroom Terrace Duplex with BQ
- Price: ₦75,000,000 – ₦130,000,000
- Features:
  - 4 en-suite bedrooms with 1-room BQ
  - Fully fitted kitchen with microwave, oven, and heat extractor
  - Spacious living area, family lounge, and guest toilet
  - Modern finishes (POP ceilings, inbuilt speakers, water heaters)
  - Parking for 3-4 cars and access to estate infrastructure
- Notable Listings:
  - Three units of 4-bedroom terrace duplexes with BQ at ₦75M, ₦80M, and ₦90M in Diamond Estate, Sangotedo. Title: C of O. Contact: Kzenterprise (07031000145).
  - Brand-new 4-bedroom terrace duplex (3 units in a compound) at ₦130M, featuring open-plan kitchen and contemporary design. Title: Governor’s Consent/Building Approval. Contact: Millafox Grandeur (08145624035).
- Title: Governor’s Consent or C of O
4-Bedroom Semi-Detached Duplex with BQ
- Price: ₦55,000,000 – ₦115,000,000
- Features:
  - 4 en-suite bedrooms with 1-room BQ
  - Fully fitted kitchen with pantry, gas cooker, and heat extractor
  - Spacious living and dining areas, guest toilet, and balconies
  - Modern finishes (jacuzzi, walk-in shower, CCTV, automated gate)
  - Parking for 3-4 cars and flood-free drainage
- Notable Listings:
  - Two units of 4-bedroom semi-detached duplexes with BQ at ₦60M each at The Lofts, Diamond Estate, Sangotedo. Title: C of O. Contact: Gbenga Olaniyan & Associates (+2348115632863).
  - Two units of 4-bedroom fully detached duplexes with jacuzzi and study at ₦112M-₦115M per unit. Title: Governor’s Consent. Contact: Quick Transaction Ventures (08093708615).
  - A 4-bedroom semi-detached duplex with BQ at ₦90M, near Shoprite. Title: C of O. Contact: Dannaproperties (09043135508).
- Title: Governor’s Consent or C of O
5-Bedroom Fully Detached Duplex with BQ
- Price: ₦120,000,000 – ₦200,000,000
- Features:
  - 5 en-suite bedrooms with 1-2 room BQ
  - Fully fitted kitchen with pantry, microwave, oven, and refrigerator
  - Double-volume living area, family lounge, and private swimming pool
  - Smart home features (CCTV, inbuilt speakers, automated gate)
  - Spacious compound with parking for 4-5 cars and modern finishes (jacuzzi, chandeliers)
- Notable Listings:
  - A 5-bedroom fully detached duplex with BQ at ₦120M, near Shoprite, Sangotedo. Title: C of O. Contact: Leadspecialrealtor (08066983039).
  - A 5-bedroom fully detached duplex with BQ and pool at ₦200M, featuring fitted kitchen and 24-hour security. Title: C of O. Contact: Odih Global Property Limited (07035895274).
  - A newly built 5-bedroom detached duplex with BQ at ₦160M, with water treatment plant. Title: Global C of O. Contact: Vallecano Ventures (08027294775).
- Title: Governor’s Consent or C of O
Land
- Price: ₦35,000,000 – ₦55,000,000 (320-650 sqm)
- Features:
  - Dry, fenced, and gated land in a secure, serviced estate
  - Suitable for residential or commercial construction
  - Paved roads, underground electricity and water supply, and good drainage
- Notable Listings:
  - 320 sqm fenced dryland at ₦55M in Diamond Estate Phase 1, Sangotedo. Title: C of O. Contact: Firstoptions Realtors (08037207128).
  - 329 sqm dryland at ₦50M in Diamond Estate, Sangotedo. Title: C of O. Contact: Breathing Space (07057302511).
  - 400 sqm land at ₦35M in Diamond Estate Phase 2, Sangotedo. Title: Governor’s Consent. Contact: Firstoptions Realtors (08037207128).
  - 650 sqm serviced plot at ₦25M (promo price) in Diamond Estate, Monastery Road, Sangotedo. Title: C of O. Contact: PropertyPro Nigeria.
- Title: Governor’s Consent or C of O

Properties for Rent

4-Bedroom Semi-Detached Duplex with BQ
- Price: ₦4,500,000 – ₦5,500,000 per annum
- Features:
  - 4 en-suite bedrooms with 1-room BQ (self-contained)
  - Fully fitted kitchen with store, gas cooker, and heat extractor
  - Spacious living area, guest toilet, and modern finishes
  - 24/7 security, treated water, and access control
  - Parking for 3-4 cars
  - Additional Fees: Agency (10%), legal (10%), caution (₦500,000 – ₦1M), service charge (₦480,000 – ₦800,000 per annum)
- Notable Listings:
  - A 4-bedroom semi-detached duplex with BQ at ₦4.5M per annum in Diamond Estate, Sangotedo. Contact: Danadel Solutions Ltd (09050857650).
  - A 4-bedroom semi-detached duplex with BQ at ₦5.5M per annum, with estate levy of ₦480,000. Contact: B A Leasing Services Ltd (07039337095).
- Total Package: Approximately ₦5.9M – ₦7.5M
3-Bedroom Terrace Duplex
- Price: ₦3,500,000 – ₦4,000,000 per annum
- Features:
  - 3 en-suite bedrooms with fitted wardrobes
  - Fully fitted kitchen with appliances and water heaters
  - Spacious living area and modern finishes
  - 24/7 security, treated water, and good drainage
  - Parking for 2-3 cars
  - Additional Fees: Agency (10%), legal (10%), caution (₦300,000 – ₦500,000), service charge (₦480,000 – ₦800,000)
- Notable Listings:
  - A 3-bedroom terrace duplex at ₦3.5M per annum in Diamond Estate, Sangotedo. Contact: PropertyPro Nigeria.
- Total Package: Approximately ₦4.6M – ₦5.3M

Price Summary for Diamond Estate

The price range for properties in Diamond Estate reflects its status as a serviced, mid-to-high-end estate in Sangotedo, Lekki. Below is a summarized breakdown:

For Sale:
- 3-Bedroom Bungalow: ₦60M – ₦100M
- 4-Bedroom Terrace Duplex: ₦75M – ₦130M
- 4-Bedroom Semi-Detached Duplex: ₦55M – ₦115M
- 5-Bedroom Fully Detached Duplex: ₦120M – ₦200M
- Land (320-650 sqm): ₦25M – ₦55M
For Rent:
- 3-Bedroom Terrace Duplex: ₦3.5M – ₦4M per annum
- 4-Bedroom Semi-Detached Duplex: ₦4.5M – ₦5.5M per annum
Average Price:
- Sale: ₦80,000,000 (houses in Diamond Estate, Sangotedo, range: ₦55M – ₦250M).
- Rent: ₦3,000,000 per annum (Lekki average, with Diamond Estate typically at ₦3.5M – ₦5.5M).
Most Expensive Property: ₦250,000,000 (highest recorded for a house in Diamond Estate).
Cheapest Property: ₦25,000,000 (650 sqm land, promo price).

Why Invest in Diamond Estate?

Diamond Estate offers compelling reasons for investment, including:

Strategic Location: Located near Shoprite in Sangotedo, with easy access to Lekki-Epe Expressway, Pan African University, and commercial hubs like Novare Mall.
Affordable Pricing: More cost-effective than elite estates like Cowrie Creek (₦210M – ₦1B) or Carlton Gate (₦150M – ₦800M), with houses ranging from ₦55M – ₦250M.
High ROI: Properties yield 20-30% annual returns through rentals or resale, driven by demand in the fast-growing Sangotedo area.
Flood-Free Infrastructure: Effective drainage systems ensure a flood-free environment, addressing a common Lekki challenge.
Modern Amenities: Fitted kitchens, smart home features, and access to recreational facilities cater to modern lifestyles.
Security: 24/7 security with CCTV and gated access ensures safety.
Value Appreciation: Property values are rising due to infrastructural developments in Sangotedo, with land prices appreciating significantly in recent years.

Considerations for Buyers and Renters

Title Verification: Properties typically have Governor’s Consent or Certificate of Occupancy (C of O). Verify titles through reputable agents or legal professionals to avoid fraud, given concerns about real estate scams in Nigeria.
Inspection: Contact verified agents like Vallecano Ventures (08027294775), Kzenterprise (07031000145), or Odih Global Property Limited (07035895274) for viewings.
Service Charges: Budget for annual service charges of ₦480,000 – ₦800,000 for security, water, and maintenance.
Payment Plans: Some properties offer flexible payment plans (e.g., 20-50% initial deposit, balance over 6-12 months).
Market Trends: Property prices in Sangotedo are rising, with an average of ₦80M for houses, reflecting increasing demand in this developing area.

Conclusion

Diamond Estate, located along Monastery Road in Sangotedo, Lekki, is a well-serviced residential community offering modern living, security, and significant investment potential at competitive prices. With properties ranging from ₦55M for 4-bedroom semi-detached duplexes to ₦250M for high-end 5-bedroom detached duplexes, and rentals from ₦3.5M to ₦5.5M per annum, the estate caters to middle-to-high-income buyers and renters. Its flood-free infrastructure, strategic location near Shoprite, and modern amenities, including 24/7 security and fitted kitchens, make it an ideal choice for homeowners and investors seeking value in Lagos’ competitive real estate market. For the latest listings or to arrange inspections, contact trusted real estate agents or subscribe to alerts on platforms like Nigeria Property Centre, PropertyPro Nigeria, or Private Property Nigeria.

Comprehensive Guide to Diamond Estate Lekki: Full Details