Oniru is one of Lagos’s most prestigious neighborhoods, strategically positioned between Victoria Island and Lekki Phase 1. Developed from a royal family-owned land into a high-end residential and commercial hub, Oniru has grown into a symbol of luxury living in Lagos. Its prime location offers proximity to business districts, upscale entertainment spots, and serene waterfront views, making it a top choice for affluent Nigerians, expatriates, and corporate executives.
Oniru’s real estate market is dominated by luxury properties, catering to high-net-worth individuals and expatriates. The area features a mix of ultra-modern apartments, duplexes, and penthouses, with prime developments like Oniru Private Estate, The Palms Residential Scheme, and Novare Lekki Mall Residences. Rental prices for a 3-bedroom apartment range between ₦15 million to ₦40 million per annum, while purchase prices for luxury homes start from ₦250 million and can exceed ₦1 billion for waterfront properties.
Investors are particularly drawn to Oniru due to its high rental yields (averaging 6-8% annually) and consistent appreciation. Real estate giants like UPDC, Novare, and Grenadines Homes have ongoing projects in the area, further boosting its appeal. Commercial properties, including office spaces and retail plazas, are also thriving, especially around Adeola Odeku and Ligali Ayorinde streets. For those looking to buy or rent in Lagos’s elite circle, Oniru remains a top contender.
Oniru enjoys excellent connectivity to major business and leisure hubs in Lagos. Key access roads include Adeola Odeku, Ligali Ayorinde, and Ozumba Mbadiwe Avenue, which link directly to Victoria Island and Lekki Phase 1. The Lekki-Epe Expressway, just minutes away, provides a smooth route to Ajah, Epe, and beyond. However, peak-hour traffic (7–10 AM and 4–8 PM) can be heavy, so residents often opt for alternative routes like Admiralty Way or Maroko Link Bridge.
Public transport options include ride-hailing services (Bolt, Uber, inDriver), danfos (commercial buses), and ferries from nearby Five Cowries Terminal (Falomo). The proposed Lagos Blue Line Rail extension to Lekki (expected by 2026) will further ease commuting. For those working in Victoria Island or Ikoyi, Oniru’s location is unbeatable—most corporate offices are just a 10–15 minute drive away.
Oniru offers a cosmopolitan lifestyle with world-class amenities. The Palms Shopping Mall, just a stone’s throw away, houses international brands like Shoprite, Nike, and Zara, while Novare Mall in Sangotedo provides additional retail and entertainment options. For fresh groceries, Oniru Market and Elegushi Modern Market are popular among locals.
Dining in Oniru is a delight, with high-end restaurants like RSVP Lagos (known for its rooftop lounge), Nok by Alara (offering African fusion cuisine), and The Good Beach (perfect for seaside relaxation). Nightlife thrives at spots like Escape Nightlife & Lounge and The Wave Beach, where Lagos’s elite unwind. Whether you’re a foodie, shopper, or socialite, Oniru delivers a vibrant, upscale lifestyle.
