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The real estate sector in Nigeria is experiencing tremendous growth despite the unstable economy. The sector continues to expand, with several luxury projects emerging daily. The thriving Nigerian property market attracts both local and international investors, offering exciting opportunities in urban development and waterfront luxury residences. This week, we highlight 10 major real estate projects expected to transform Lekki, Ikoyi, and Victoria Island in Lagos.
DANGOTE REFINERY HOUSING COMPLEX
This massive housing project, which has been under construction for a couple of years, is nearing completion. Located near the Dangote Refinery in Ibeju Lekki, this development is designed to accommodate employees and executives working at the refinery. The complex offers convenience, security, and quality living in close proximity to one of Africa’s largest industrial projects.
LEKKI FREE TRADE ZONE RESIDENCES
With the commencement of operations at the Dangote Refinery and other major establishments in the Ibeju axis, there has been a significant demand for quality housing. Private developers have started building in the area to address this need. The Lekki Free Trade Zone is developing residences aimed at providing decent accomodation for professionals and business owners operating within the zone.
BANANA ISLAND WATERFRONT DEVELOPMENT
Situated at one of Nigeria’s most prestigious Islands, the Banana Island Waterfront Development in Ikoyi, offers high-end villas and apartments with breathtaking views of the Atlantic Ocean. This project provides a serene and elite living environment complemented by top-tier amenities.
THE ADDRESS HOMES, LAGOS
The Address Homes, is a luxury residential development in Lagos that offers high-end facilities and modern amenities. Designed for individuals seeking an elevated living experience, this project redefines luxury living with sophisticated architecture and world-class services.
BLOOM TOWERS ONIRU
Bloom Towers, located at the Okunde Bluewater tourism zone of Lagos, it is a state-of-the-art mixed-use development, featuring twin towers of 21 and 19 floors. This project combines luxury residences with commercial spaces, redefining urban living while offering spectacular views of the Atlantic Ocean.
MQDILLAS TOWERS IKOYI
Mqdillas Towers in Ikoyi, Lagos, is a luxury residential development, featuring high-end apartments with panoramic views of the city. This project epitomizes sophistication, providing state-of-the-art amenities and premium living spaces.
SAPPHIRE TOWERS ONIRU
Sapphire Towers, is a waterfront luxury residential development located in Oniru, Lagos. It features premium villas, private docks, and lush landscaping, offering elite living with unparalleled modern amenities and views, making it one of the most sought-after addresses in Lagos.
EKO ATLANTIC CITY
Eko Atlantic City, is one of Africa’s largest urban development projects, an ambitious mixed-use development built on reclaimed land in Lagos. It comprises luxury residences, office spaces, retail areas, and recreational facilities, with several phases already completed and more in progress.
ALARO CITY, LAGOS
Alaro City, is a large-scale, mixed-use urban development situated within the Lagos Free Trade Zone, designed to be a self-sustaining, eco-friendly city. It provides residential, commercial, and industrial spaces while contributing to Lagos’ development as a leading African metropolis.
DANGOTE HEADQUARTERS OFFICE
The Dangote Headquarters, which has been under construction for several years, is now nearing completion. This 18-floor office building is located in Ikoyi, beside the Ikoyi Registry on Alfred Rewane Road. The Dangote Group currently operates from the Union Marble House on Alfred Rewane Road, occupying several floors of workspace. Upon completion, this new structure will join the ranks of signature towers and skyscrapers in West Africa.
Isaac Abimbade
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