A few years ago, one of my clients, a mid-level banker named Sade, called me in a panic. She had just accepted a new job on the Island and needed to move from Egbeda to somewhere closer—fast. She wanted a place that felt modern, secure, and family-friendly, but not too far off her budget. I asked her, “Have you considered Lekki?” Her response? “Isn’t Lekki just for the rich and influencers?”
She laughed, but it was a real concern—because many people think Lekki is all high fences and soft life. And while that’s partly true, the full story is more interesting. Lekki is diverse. It’s layered. And most importantly, it’s home to some of the most livable and investment-worthy areas in Lagos today.
If you’ve been asking yourself where exactly in Lekki makes sense to live or invest, this article will walk you through the Top Residential Areas in Lekki You Should Know About—not just based on hype, but on what actually works.
1. Lekki Phase 1 – The Old Reliable with a Modern Vibe
Let’s begin with the “celebrity child” of the Lekki family: Lekki Phase 1.
This area is known, loved, and lived in by a mix of professionals, celebrities, upwardly mobile Nigerians, and even long-time Lagosians who saw Lekki Phase 1 evolve from swampland to status symbol. But beyond the status and aesthetics, what really makes this area desirable is its balance.
Lekki Phase 1 offers access to everything—schools, malls, top restaurants, hospitals, banks, co-working spaces, and waterfront views. It has a mix of old and new: you’ll find massive family duplexes beside stylish modern townhouses and short-let apartments.
Of course, the prices reflect its prestige. Renting a decent 3-bedroom apartment can set you back anywhere from ₦4m to ₦7m per year, depending on how luxurious you want to go. Buying? You’re looking at tens of millions. But the truth is, the value here tends to hold firm—and rental demand never really dries up.
2. Ikate – The Quiet Climber with Solid Appeal
If Lekki Phase 1 is the attention-grabber, Ikate is the quietly ambitious sibling making steady progress. It’s one of those areas that used to fly under the radar, but today, it’s a real estate goldmine—especially for investors who got in early.
Located just after Lekki Phase 1 and before Chevron, Ikate is now packed with new estates, serviced apartments, and private residences. It offers a slightly more affordable version of the Lekki lifestyle without sacrificing proximity to the hotspots.
What’s also great about Ikate is that it strikes a balance between urban buzz and residential calm. The roads have improved, security in gated communities is commendable, and you still get decent access to Lekki’s commercial activities without being choked by them.
People who live in Ikate tend to stay. Why? Because it works. It’s functional, modern, and still growing.
3. Chevron – The Blend of Middle-Class Comfort and Investment Logic
Chevron used to be one of those names you only heard when referring to the oil company. But today, “Chevron” means a specific stretch of Lekki with a personality of its own.
Chevron Drive and its surroundings have become a mid-upper class residential zone that attracts families, corporate workers, and investors looking for reliable rental returns. It’s less flashy than Lekki Phase 1 but more structured than many parts of Lekki that are still under development.
Sade, the banker I mentioned earlier? She ended up getting a beautiful 3-bedroom duplex in Chevron. It wasn’t the cheapest option, but it gave her peace of mind, a short commute to work, and a good school nearby for her daughter.
Another great thing about Chevron is that you can find a wide range of properties—from high-end mini-estates to more modest, functional housing units. Prices are moderate compared to the core Lekki area, and infrastructure continues to improve.
It’s also seen as an area where land appreciation is still happening, meaning your money has a chance to grow, especially if you’re thinking about development.
4. Sangotedo – The Underdog with a Bright Future
Now, let’s move a bit further down the Lekki-Epe corridor.
Sangotedo used to be dismissed as “too far,” but things have changed. With estates like Emperor, Crown, and Flourish Gate springing up, and with big commercial spots like Novare Mall giving the area life, Sangotedo is quickly rising.
The road networks are getting better. Schools, hospitals, supermarkets, and even private beaches are within reach. What stands out, though, is affordability.
In Sangotedo, you can still buy land or a finished home without losing sleep over the price tag. It appeals to first-time buyers, middle-income families, and savvy investors who understand that property growth follows infrastructure—and that’s exactly what Sangotedo is getting.
This is also where many developers are focusing on smart homes, eco-friendly designs, and gated communities built for modern living. So, if you’re thinking futuristic but budget-friendly, this is one of the Top Residential Areas in Lekki You Should Know About.
5. Ajah – The Everyday Hustler’s Lekki
Ajah is often misunderstood. Some say it’s “not Lekki enough,” while others argue it’s too much Lekki without enough planning. The truth? Ajah is Lekki in its most relatable form.
It’s affordable, bustling, and full of possibilities. And yes, it still has its challenges—traffic, drainage in certain parts, and inconsistent urban planning. But that hasn’t stopped people from buying land, building homes, and investing here.
Why? Because Ajah is central.
You can get to Sangotedo, Chevron, Ikate, or even Victoria Island from Ajah—if you time your commute well. It’s also home to some rapidly developing mini-estates that offer a sense of order in the middle of the hustle.
The key to investing or living in Ajah is to know exactly where in Ajah to go. Some parts are prone to flooding, while others—like Abraham Adesanya, Addo Road, and some gated communities—offer better peace of mind.
If you’re a young buyer, a real estate beginner, or someone looking to build without spending like you’re Dangote’s cousin, Ajah gives you a real shot at entering the Lekki market.
Final Thoughts
The Lekki real estate market is vast, but not all parts of Lekki are created equal. From Lekki Phase 1 to Sangotedo, each area has its own vibe, strength, and rhythm. Some are built for prestige, others for growth. Some offer a place to settle, others a place to multiply your investment.
So, when asking which are the Top Residential Areas in Lekki You Should Know About, think beyond the names. Think about your lifestyle, your goals, and what you’re really looking for—comfort, returns, convenience, or a bit of everything.
Real estate is never one-size-fits-all, but in Lekki, there’s a slice for everyone—if you know where to look.