Victoria Island's real estate market in 2025 is a study in exclusivity and high returns. The area offers:
- Luxury high-rises like The Wings Towers and Eko Pearl Towers with prices ranging from ₦350 million to ₦2 billion for penthouses.
- Waterfront mansions in Oniru Estate and Ahmadu Bello Way, commanding ₦1.5 billion–₦10 billion.
- Rental market: A 3-bedroom apartment leases for ₦12–₦40 million annually, while corporate suites for expats hit ₦100 million/year.
Investment Insights
- Appreciation rates: 15–20% annually, driven by land scarcity and commercial demand.
- Emerging trends: Smart homes, eco-friendly designs, and mixed-use developments (e.g., Eko Atlantic's "Eko Towers").
Top developers: UPDC, Chagoury Group, and Persianas.
