Nigeria Property Centre
Victoria Island (VI), Lagos

Area Guide

Victoria Island (VI)

Flats in Victoria Island (VI) rent for about ₦25 million a year and sell for about ₦500 million. 9,196 properties are listed now.

Prices updated 19 Oct 2026
Browse 9,196 listings in Victoria Island (VI)
Active listings 9,196 Available in Victoria Island (VI)
Median rent (flats) /yr ₦25M Q4 2026 figures
Median sale (flats) ₦500M Q4 2026 figures
Estate agents 1,165 Listing in Victoria Island (VI)

Victoria Island (VI) at a glance

Prices updated
19 Oct 2026

Victoria Island (VI), located between Lekki and Lagos Island, is the home of the wealthy. It is rumoured to be the home of the elite and is located in Eti-Osa Local Government Area of Lagos State.

The Oniru chieftaincy family originally owned a large portion of VI until the Lagos Executive Development Board paid 250,000 pounds as compensation for the acquired land and an additional 150,000 pounds as compensation for the shrines destroyed in 1948. The original inhabitants were eventually forced to relocate to Maroko Village.

Ikoyi to the north, Eko Atlantic City to the south, Lekki Phase 1 to the east, Takwa Bay and Apapa to the west surround Victoria Island.

Victoria Island (VI), Lagos
Bar Beach, Lagos Credit: elevation.maplogs.com

Table of contents

8 chapters

What's inside this guide

01 Interesting Facts You might be wondering if Victoria Island is an actual island based on its name. No, it is not right now, but it used to be.Victoria Island was once completely surrounded by water until the colonial government sand-filled the eastern part to prevent mosquito breeding in the swampy area. It ended up with land areas connecting Victoria Island to Lekki Peninsula after it was sand-filled. 02 Leisure and Shopping Victoria Island is home to the SPAR shopping mall, which is a one-stop shop for all of your retail needs. Goodies Supermarket is another well-stocked supermarket that sells a wide variety of items such as beverages, cosmetics, wine, toys, and so on. Other shopping options include Mega Plaza, Hubmart Store, Landmark Boulevard, XYLO, and Bijoux Mall. 03 Popular Estates 1004 Estate, the current largest single luxury high rise estate in Sub-Saharan Africa, is located on Victoria Island.1004 Housing Estate is an 11-hectare housing estate with over 1000 apartments that was originally owned by the Federal Government before being purchased by private investors in 2007. The estate is located in the business and recreational district of Victoria Island.There are four swimming pools on the estate for relaxation, as well as tennis courts for sports enthusiasts. The estate is also secure, and power is always available. 04 Day Life Known for being an entertainment hub, Victoria Island has numerous places to hang out, eat, chill and have a great time.Silverbird and Filmhouse cinemas are recommended for moviegoers. Oniru Beach, located on Victoria Island, is one of the most popular beaches in Lagos. Ocean Basket is the Mediterranean's seafood mecca. The Red Door Gallery is a must-see for art enthusiasts. It can be found within the Silverbird Galleria.Kappadocia Lagos is Lagos' first and only cave restaurant. The architectural design creates the illusion that you are in a cave. 05 Night Life In Victoria Island, the night is always young. Get your dancing shoes on and choose from any of the bubbling spots to experience the nightlife here.If you live in Lagos, you have probably heard of Club Quilox. This is one of the hottest clubs in Lagos, and many celebrities frequent it.Othello's Lounge is located in the heart of Victoria Island. Here you can get reasonably priced drinks and chops.At LiVE! Lounge, you can expect to see live bands, karaoke, and comedy nights. They have both indoor and outdoor seating options, depending on your preference. 06 Schools If you live on Victoria Island, you will not have to look far for good schools. American International School of Lagos is an international school that serves students from preschool to grade 12. Boston Academy, Crescent Schools, Cranberry School, White Oak Preparatory School, and Kuramo College are also popular primary and secondary schools. The Nigerian Law School and the Now Open University are also located on Victoria Island (NOUN). 07 Real Estate What it costs to live in Victoria Island (VI) today 08 Questions Questions about Victoria Island (VI), answered

INTERESTING FACTS

Interesting Facts

Interesting Facts in Victoria Island (VI)
Victoria Island Shoreline. Credit: Pinterest

You might be wondering if Victoria Island is an actual island based on its name. No, it is not right now, but it used to be.

Victoria Island was once completely surrounded by water until the colonial government sand-filled the eastern part to prevent mosquito breeding in the swampy area. It ended up with land areas connecting Victoria Island to Lekki Peninsula after it was sand-filled.

Victoria Island is frequently referred to as Lagos's business and financial centre. It is home to a number of important institutions, including the Nigerian Law School and the Nigerian Television Authority (NTA). It also houses many corporate headquarters, financial institutions, and multinational corporations.

One of the things that distinguishes Victoria Island is its excellent road network. Unlike in many other parts of Lagos, the roads are interconnected, making navigation simple.

If you are looking for one of the most luxurious places to live in Lagos, Victoria Island is at the top of the list. Because the area is surrounded by the Atlantic Ocean and the Lagos lagoon, you will have a sea view and an ocean view at the same time.

LEISURE AND SHOPPING

Leisure and Shopping

Leisure and Shopping in Victoria Island (VI)
SPAR. Credit: Google

There is a wide range of shopping options on Victoria Island for those who want to go shopping.

Mega Plaza is one of Victoria Island's largest shopping malls. The mall is lovely, with over 50 stores selling a wide range of goods. This mall boasts low prices on everything from electronics to musical instruments. There is also a food court where you can eat and relax after shopping.

Victoria Island is also home to the well-known SPAR shopping mall. It is, as expected, a one-stop shop for all of your retail needs. It sells groceries, homewares, drinks, electronics, and other necessities.

Hubmart Store is another well-stocked supermarket that sells a wide variety of items such as beverages, cosmetics, wine, toys, and so on. They also have a section dedicated to pastries and food. You can either eat in or order take-out.

Other shopping options include Goodies Supermarket, Mega Plaza, Landmark Boulevard, XYLO, and Bijoux Mall.

POPULAR ESTATES

Popular Estates

Popular Estates in Victoria Island (VI)
1004 Estate. Credit: Wikipedia

Victoria Island will not be one of the top residential areas in Lagos if its residents do not have access to beautiful Estates.

In fact, 1004 Estate, the current largest single luxury high rise estate in Sub-Saharan Africa, is located on Victoria Island.

1004 Housing Estate is an 11-hectare housing estate with over 1000 apartments that was originally owned by the Federal Government before being purchased by private investors in 2007. The Estate is located in the business and recreational district of Victoria Island.

There are four swimming pools on the estate for relaxation, as well as tennis courts for sports enthusiasts. The estate is also secure, and power is always available.

LSDPC Estate is another estate on Victoria Island. This estate is clean, spacious, and offers a variety of amenities to its residents. The estate is intended for both commercial and residential use.

There is plenty of parking, beautiful greenery, a children's play area, and a swimming pool. The apartments are spacious, and water and electricity are always available. Security is assured, and the atmosphere is ideal for families.

DAY LIFE

Day Life

Day Life in Victoria Island (VI)
Silverbird Galleria. Credit: Google

Victoria Island, known as an entertainment hotspot, has a plethora of places to hang out, eat, relax, and have a good time.

Silverbird and Filmhouse cinemas are recommended for moviegoers.

Silverbird Cinemas claims to be West Africa's first 12-screen multiplex cinema. It can be found within Silverbird Galleria. While you wait for your movie, you can eat at one of the galleria's fast food restaurants or shop at one of the building's stores.

Filmhouse Cinemas is a multiplex cinema that includes an MX4D theatre. It has five auditoriums with air conditioning and recliner leather chairs.

If you want to be surrounded by lush green grass and clear skies, Muri Okunola Park is an excellent choice. It is a nice spot for nature lovers who want to get away from the hustle and bustle of Lagos.

Red Door Gallery is a must-see for art enthusiasts. Didi Museum is a must-see for history buffs.

Oniru Beach, located on Victoria Island, is one of the most popular beaches in Lagos. Because of its proximity to other parts of Lagos, it is a popular choice for many mainland residents. It is also one of the least expensive beaches on the island to visit.

Ocean Basket is the Mediterranean's seafood mecca. If you enjoy Sushi, Calamari, and other similar dishes, you should check out their menu.

Kappadocia Lagos is Lagos' first and only cave restaurant. The architectural design creates the illusion that you are in a cave. Their menu is a mash-up of Nigerian and Turkish cuisine.

Victoria Island has an endless supply of restaurants. Z Kitchen, Lagoon Restaurant, The Backyard Bar and Grill, Cilantro Lagos, Bungalow Restaurant, RSVP Restaurant, and others are also popular.

NIGHT LIFE

Night Life

Night Life in Victoria Island (VI)
Club Quilox. Credit: Daily Post

In Victoria Island, the night is always young. Get your dancing shoes on and choose from any of the bubbling spots to experience the nightlife here.

If you live in Lagos, you have probably heard of Club Quilox. This is one of the hottest clubs in Lagos, and many celebrities frequent it. The lighting and audio are both excellent. There are also a lot of expensive drinks to choose from. If you are going to visit, make sure your credit cards are loaded.

Othello's Lounge is located in the heart of Victoria Island. Here you can get reasonably priced drinks and chops. You can also have a silent disco if you want to have a party without making any noise.

At LiVE! Lounge, you can expect to see live bands, karaoke, and comedy nights. They have both indoor and outdoor seating options, depending on your preference.

Cubana Pablo, Zorya Club, Rumors Night Club, Shaunz Karaoke Bar, Shades Lounge, and Club DNA are also popular nightlife destinations.

SCHOOLS

Schools

Schools in Victoria Island (VI)
Pupils of American International School of Lagos. Credit: Aislagos.org

If you live on Victoria Island, you will not have to look far for good schools. The schools in the area provide a safe environment for children.

American International School of Lagos, for example, is an international school that serves students from preschool to grade 12. It provides students with international experience so that they can compete with their international peers.

Corona School is well-known for its rich blend of British, American, and Nigerian curriculum, which provides its students with a world-class education. The school is well-secured and equipped with all of the modern amenities needed for a comfortable learning environment.

Boston Academy, Crescent Schools, Cranberry School, White Oak Preparatory School, and Kuramo College are also popular primary and secondary schools.

The Nigerian Law School and the Now Open University are also located on Victoria Island (NOUN).

Real Estate

Real estate

Do you want to know how much it would cost to live in Victoria Island (VI)? Here are the median asking prices from our quarterly market report.

Short lets ₦190K per night Q4 2026 figures Up 3% since Q3 2026 See 1,339 short lets
Flats for rent ₦25M /yr Q4 2026 figures No change since Q3 2026 See 1,940 flats for rent
Houses for rent ₦35M /yr Q4 2026 figures No change since Q3 2026 See 642 houses for rent
Flats for sale ₦500M Q4 2026 figures No change since Q3 2026 See 1,599 flats for sale
Houses for sale ₦800M Q4 2026 figures No change since Q3 2026 See 1,173 houses for sale

How busy is the Victoria Island (VI) market?

Renting

  • 5 searches for every home to rent
  • Most renters search up to ₦14.6 million a year
  • Hardest to find: 1-bedroom homes

Buying

  • 2 searches for every home for sale
  • Most buyers search up to ₦442.6 million
  • Hardest to find: 3-bedroom homes

Based on searches from 22 Sep to 21 Oct 2026.

Some available property in Victoria Island (VI)

Fully Serviced 3 Bedroom Apartment with Elevator and Pool
Premium Verified Photos
15
₦30,000,000

Flat / apartment for rent

Fully Serviced 3 Bedroom Apartment with Elevator and Pool

3 Bedroom apartment for rent!!!!_ details Oniru ,Lagos Nigeria ️30M per annum Agency 10% Legal. 10% * Caution 10% features details >>>>>> ️ Brand New ️Spacious living room ️Spacious compound ️24 Hours Security ️24 Hours Electricity ️All Rooms Ensuite ️DSTV ️Swimming Pool ️Water Heater ️Walk-in-Shower ️Interlocked Floor ️Fitted Kitchen ️Ample parking space ️Secured Estate

Oniru, Victoria Island (VI), Lagos
3 3 4
Koldej Homes
Luxury 3 Bedroom Apartment with BQ, Gym, Pool, Elevator
Premium Verified Photos
11
₦450,000,000

Flat / apartment for sale

Luxury 3 Bedroom Apartment with BQ, Gym, Pool, Elevator

Recent/Updated pictures will be made available upon enquiry!!! Nicely Built 3 Bedroom Serviced Apartment with a BQ, Elevator, Gym & Swimming Pool in a secured estate Location: Victoria island, lagos Price: N450M Features- -Gym -Swimming Pool - Elevator - Ensuite rooms - Aesthetic pop ceilings- Spacious living room - Cctv cameras - Clean water - Top quality tiles - Pantry - Island countertop - Master's suite - Walk-in closet - Walk-in shower - Jacuzzi - Custom vanity - 2 parking space- Prime Location - Good access roads - Flood free Title: Governor's Consent For more enquiries, contact Stephen Whatsapp: 08171969365 Phone: 08136522011, 09155232992 Email: [email protected]

Oniru, Victoria Island (VI), Lagos
3 3 4 2
Idealplace_properties
Anna Lux 3 Bedroom
Premium
14
₦325,000

Flat / apartment short let

Anna Lux 3 Bedroom

Anna Lux - Smartly Furnished Luxury 3-bedroom apartment for check-in today Refundable caution: N100k Features: - On-Site chef available - Additional cost - Unlimited internet - Uninterrupted power supply - Non-smoking (inside) - Swimming pool - Elevator - Three outdoor balcony terraces - Keyless security door - 247 in-house hospitality staff and maintenance - Oven - water heater - PS5 on Request - Netflix - DStv - Well, a secure environment with - 24/7 security - Very close proximity to Zenith Bank HQ

Vantage Court,, Victoria Island (VI), Lagos
3 3 4
Lyonmac Hospitality Services
Exquisite Japandi 3 Bedroom Luxury Apartment
Premium
24
₦300,000

Flat / apartment short let

Exquisite Japandi 3 Bedroom Luxury Apartment

Our exclusive 3-bedroom apartment in Oniru, where every corner is thoughtfully curated to give you a blissful experience. Features Absolutely Gorgeous Aesthetics Perfect for content creation 24/7 Power Supply Located in a highly secured gated estate Smart Lock for seamless access Fully Air-Conditioned All rooms ensuite Smart/Android TVs in every room Premium DSTV & Netflix Unlimited Wi-Fi Fully Fitted Kitchen (perfect for shoots) Washing Machine Housekeeping Services Ample Parking DM to book and experience luxury redefined! Minimum stay: 4 nights Caution fee: ₦100k

Victoria Island (VI), Lagos
3 3 4 2
Tupon Luxury Homes
Luxury 3 Bedrooms with Snooker, Pool, Bathtub and More
Premium
12
₦270,008

Flat / apartment short let

Luxury 3 Bedrooms with Snooker, Pool, Bathtub and More

Luxury Super spacious 3 bedroom Apartment with Snooker board and Pool. Location: VI Caution:100k Available for booking What sets us apart: This unit has 3 balconies all well put together There is also a a dedicated work station Located in a very serene location in Victoria Island Has a standard swimming Pool Large master bed bathroom with two showers and a bathtub Has 2 wifi set up (Fiber 1 and Airtel) Smart door locks CCTV at the entrance for maximum security Elevator Well furnished kitchen with Oven, microwave and other essentials Features Snooker board 'Swimming pool Bathtub Work station Elevator 3 balconies serene environment Superfast WiFi Netflix 24/7 Electricity 24/7 Housekeeping (on site) Smart TVs Fully equipped kitchen Free parking space Top notch security Washing Machine excellent hospitality

Victoria Island (VI), Lagos
3 3 3 2
Tupon Luxury Homes

Questions about Victoria Island (VI)

How much is rent in Victoria Island (VI)?

Flats rent for about ₦25 million a year and houses for about ₦35 million a year, based on Q4 2026 figures.

How much does a house cost in Victoria Island (VI)?

Houses for sale ask about ₦800 million and flats about ₦500 million, based on Q4 2026 figures.