Alárò City · Lekki Free Zone

Buy land in Lagos that is still being built.

Serviced plots in Alárò City, a 2,000-hectare planned city inside the Lekki Free Zone. It shares that corridor with the Lekki Deep Sea Port, the Dangote Refinery, the new international airport and the Lagos–Calabar Coastal Highway. Buy a serviced plot from US$180 per sqm, or an off-plan three-bedroom apartment from US$132,000.

Wellington College International opens 2027 Free-zone tax incentives Registered NEPZA title New apartment phase, July 2029 Roads, power, water, drainage in place
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You have seen this happen before in Lagos.

There was a time Lekki Phase 1 was sand and swamp, and people told you Ikoyi was too far from everything. The people who bought land then are the reason their grandchildren do not worry about money.

The chance always looks the same on the way in. Bush, dust, a long drive. It only starts looking like wealth after the price has moved past you.

Alárò City is at that stage now, except the roads, power and water are already in the ground.

This is not an estate off an unnamed road. Alárò City is a 2,000-hectare city developed by Rendeavour, the largest new-city builder in Africa, inside the Lekki Free Zone. Factories in the industrial zone are running. The roads are tarred and lit, the power and water are in, and Wellington College International is under construction on site, with its first academic session commencing September 2027.

What is left to decide is whether your name is on a title before the next price review.

The Governor of Lagos went to see it for himself.

His Excellency Babajide Sanwo-Olu toured Alárò City and saw what most Lagosians still have not: a working industrial, commercial and residential city inside the Lekki Free Zone. Watch the tour before you decide anything.

Completed apartment blocks from the earlier phase at Alárò City

Alárò City sits inside a state-prioritised free zone, with government infrastructure and policy behind it. The apartment blocks above are an earlier phase, already built.

The people behind it have done this before.

Alárò City is developed by Rendeavour, Africa’s largest private urban land developer, in partnership with the Lagos State Government. This is not their first city. It is their seventh.

12,000+Hectares under development across Africa
7 citiesAcross five African countries
2,000 haAlárò City, in the Lekki Free Zone
120+Companies already committed here

Their flagship, Tatu City outside Nairobi, has been running for years with homes, schools, factories and residents. It is the same model, a decade further along, and it is the reason to treat Alárò City as a plan that has already worked somewhere else.

Here in Lagos, the companies that have taken positions include BUA Group, Mantrac Caterpillar, Ariel Foods, Kenol and SANA Group. Manufacturers commit before homeowners do, and they do their own due diligence first.

Seven reasons this holds up

Take the emotion out of it and the fundamentals still stand on their own.

01

The infrastructure came first

Roads, power, water, drainage and a governed masterplan, all in place before you build rather than promised after you pay.

02

Title you can defend

Plots sit within the Lekki Free Zone with registered NEPZA title. No omo-onile, no family land dispute, no demolition notice years later.

03

Free-zone tax incentives

Businesses get tax holidays and duty-free import of equipment and raw materials, which is why manufacturers keep taking space here.

04

Demand is being manufactured

The Lekki Deep Sea Port, the Dangote Refinery, the new international airport and the Coastal Highway are all neighbours in this corridor. The jobs they create become your tenants.

05

Schools your family accepts

Wellington College International, one of Britain's most respected school names, is being built on site and opens for its first academic session in September 2027. That alone changes who is willing to live here.

06

Entry while it is still early

From US$180 per sqm, 35% down and 18 months to complete. Priced in dollars, so the naira's next move does not erode what you hold.

07

Live, work and play in one place

Residential, commercial and industrial districts sit inside the same masterplan. Your office, the factory that employs your tenants, the shops, the schools and the pitches are all within the city rather than an hour down the expressway.

Pool, tennis and basketball courts, five-a-side pitch and playground at Alárò City
Residents’ amenities at Alárò City: pool, tennis and basketball courts, five-a-side pitch and playground.

What is taking shape here

Two ways in: buy a serviced plot and build what you want on it, or buy a three-bedroom apartment off-plan and have it built for you. Either way, this is the standard the masterplan is designed around. Somewhere your mother can visit without you apologising for the road, and a house your children fly home to from London, Toronto, Houston or Dubai.

Every photograph on this page was taken at Alárò City. Nothing here is an architectural rendering; the only drawing is the floor plan.

Ask on WhatsApp for the full floor plans and a site tour of the development as it stands today.

Take the tour before you take our word for it.

Three minutes through Alárò City: the industrial zone, the roads and infrastructure, the residential districts and the amenities. Watch it on a laptop if you can.

Filmed on site at Alárò City.

Land pricing

Serviced plots, priced in US dollars per square metre. Availability changes weekly, so confirm before you plan around a number.

Residential
Plot typePricePlot sizeBest for
Low densityUS$180/sqm500 / 750 / 1,000 sqmLong-term value and an upscale family home
Medium densityUS$200/sqmfrom 500 sqmTerraces, semi-detached homes and duplexes
High densityUS$220/sqmfrom 1,000 sqmDevelopers and investors seeking scale
Commercial & mixed-use
Plot typePricePlot sizeBest for
Commercial — Main BoulevardUS$400/sqmfrom 4,000 sqmFlagship retail, hospitality and offices
Commercial — Universal Access RoadUS$275/sqmfrom 1,000 sqmHigh-visibility trading positions
Commercial — othersUS$230/sqmfrom 1,000 sqmSteady income and capital growth
Mixed use — Main BoulevardUS$400/sqmfrom 2,000 sqmResidential, retail and office in one asset
Mixed use — othersUS$230/sqmfrom 1,000 sqmMultiple income streams, single investment
Light industrial
Plot typePricePlot sizeBest for
Industrial SMEUS$250/sqm1,000 – 4,000 sqmAssembly, processing and light manufacturing
Industrial (activation & industrial road)US$250/sqmfrom 5,000 sqmProduction and distribution at scale

Standard payment plan

35%Initial deposit · Month 1
20%Second payment · Month 4
20%Third payment · Month 8
15%Fourth payment · Month 12
10%Fifth payment · Month 18

Legal fees: 1.5%. Monthly payments allowed over 18 months after the initial 35% deposit. Prices, plot availability and fees are subject to change, so request the current price list before committing.

Universal One: apartments, sold off-plan

If you would rather own a finished home than build one, Universal One is a 576-home community inside Alárò City. An earlier phase is already built and standing, with the pool, courts and pitches in use. The units for sale now are a new phase, sold off-plan and completing in July 2029: three-bedroom apartments of 117.5 sqm in the same scheme.

Floor planFloor plan of a three-bedroom apartment, 117.5 square metres
Three-bedroom unit, 117.5 sqm: lounge, dining, utility, three bedrooms, two en-suites and two balconies.
Three-bedroom apartments · 24-month price (USD)
FloorStandard viewBoulevard viewDouble balconyParkview
Ground132,000134,500134,500134,500
1st floor135,000137,500137,500142,500
2nd floor138,000140,500140,500148,500
3rd floor140,000142,500142,500150,500

Paying outright rather than over 24 months takes US$13,000 off the price of any unit.

Closing costs

ItemAmount
Legal fee3%
Utilities connection — powerUS$250
Utilities connection — waterUS$250
NEPZA title registrationUS$500
Service chargeUS$600

Who is building them

The apartments are built by Universal Homes, an award-winning residential developer with British origins, under a joint venture with Rendeavour: Rendeavour provides the land, Universal Homes builds the homes. Their stated mission is mass-produced, investment-grade affordable housing built around community.

They are not new to this, and not new to this site. The earlier phase at Alárò City is finished: the blocks in the photographs on this page are theirs. Beyond Lagos, Universal Homes and its sister company Unity Homes have handed over roughly 2,000 homes, with around 1,500 more under construction, across a track record of more than ten years, much of it at Tatu City, Rendeavour’s city outside Nairobi. The same partnership, doing the same thing, in another country.

This phase is sold off-plan: you are buying a unit that is yet to be built, for completion in July 2029, on the delivery terms set out in the sale agreement. The photographs on this page show the completed earlier phase, not the units being sold. Ask on WhatsApp for the build programme, the payment schedule and the delivery terms in writing before you commit.

The questions buyers actually ask

Can I buy from abroad without flying in?

Yes. Most of our diaspora clients handle everything remotely, from plot selection through allocation, documentation and payment, then inspect on their next trip home. We can also do a video walkthrough of your specific plot.

What exactly is the title?

Plots sit within the Lekki Free Zone and are issued with registered NEPZA title documentation, backed by a governed masterplan. Ask for the full documentation pack and have your own lawyer review it. We would rather you did.

Am I forced to build immediately?

No. Development guidelines and timelines apply and are shared in writing before you commit, so you know exactly what you are agreeing to.

Is Alárò City actually built, or still on paper?

Built and building. Roads, power, water and drainage are in, and factories in the industrial zone are operating. Wellington College International is under construction on site and opens in September 2027. An earlier phase of the Universal One apartments is built and standing. The units for sale now are a new phase, sold off-plan, completing July 2029.

Can I resell before I finish paying?

Resale and transfer are possible under the stated terms. Most investors hold through the infrastructure build-out, which is where the appreciation has historically been. We will go through the specifics with you on a call.

Why is it priced in dollars?

Because a dollar-denominated asset holds its value through naira swings. It is one of the main reasons diaspora buyers pick Alárò over naira-priced estates.

Plots and units go in the order deposits land.

Send one WhatsApp message. We will tell you what is still available, whether you want a plot or an apartment, send the current price list and payment plan, and answer your questions before you part with anything.

Get the price list on WhatsApp

No forms. We send the list first, you decide if you want to talk.

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