Joint Venture Residential Land in Ikate, Lekki, Lagos
There are 15 land joint venture in Ikate as of 23 Oct 2026. Every listing is posted by an estate agent or developer you can contact directly — filter by price, type, furnishing and recency to find the right home.
For sale / JV!! (RICHMOND estate by nike art gallery ROAD) Land measuring 1,200Sqm. Value: #1.5 Billion (Asking) Proposal: a minimum of 16 flats Sharing: TBD. Title: (C of O) Premium: 10% of the Value (Negotiable). Facilitator's fees: 10% of the Value Location: Richmond Estate Ikate, Lekki, Lagos State Golden homes
Richmond Estate, Nike Art Gallery Road, Ikate, Lekki, Lagos
40 Parking
1200 sqm
Best Grand Masters Realty
Premium
1
₦360,000,000,000
Residential land joint venture
30 Hectares Waterfront Reclamation, Minimum of 5 Hactares.
For sale/jv: 30 Hectares ikate waterfront reclamation lagos' next billion-dollar waterfront orange island -- lekki foreshore corridor Available for JV / Outright Acquisition location: Ikate Waterfront, Lekki, Lagos -- Sharing boundaries with Orange Island and Lekki Phase 1 Foreshore. Prime reclamation corridor with direct lagoon frontage. Land size: 30 Hectares Total Area: 300,000 SQM (1 Hectare = 10,000 SQM) Minimum Allocation: 5 Hectares per Investor / Developer pricing: Selling Price: ₦1.2 Million per SQM Total Land Value: 300,000 SQM x ₦1.2M = ₦360 Billion premium: To be discussed in detail directly between the Developer/Investor and the Owner. Sharing formula: To be discussed in detail directly between the Developer/Investor and the Owner (Applicable for JV structure). Per hectare breakdown: 1 Hectare = 10,000 SQM x ₦1.2M = ₦12 Billion 5 Hectares = 50,000 SQM x ₦1.2M = ₦60 Billion _(Exclusive of Premium)_ documents available: 1. Lagos State Waterfront Approval 2. Bathymetric & Hydrographic Survey Report 3. Sand Search Report 4. Environmental Impact Assessment (EIA) Report 5. Traffic Impact Assessment (TIA) Report 6. Drainage Clearance 7. Registered Survey Plan title in view: Federal Certificate of Occupancy (C of O) & Governor's Consent (Under Process) investor requirements: Verifiable Proof of Funds (POF) + Track Record of Similar Large-Scale Projects. Expression of Interest (EOI) required prior to inspection. Agency: 5% Facilitation Fee (Cash) + 10% Facilitation (Land) -- Payable by Investor/Developer. Protocol: Direct Investors/Developers Only. No brokers chain.
Ikate, Lekki, Lagos
300000 sqm
5050properties
Premium
1
₦1,500,000,000
Residential land joint venture
Fantastic Land
For sale / JV !! (RICHMOND estate by nike art gallery ROAD) *Land measuring 1,200Sqm Value: #1.5 Billion (Asking) Proposal: a minimum of 16 flats Sharing: TBD. Title: (C of O) Premium: 10% of the Value (Negotiable). Facilitator's fees: 10% of the Value Location: *Richmond Estate Ikate, Lekki, Lagos State Tam
Richmond Estate, Ikate, Lekki, Lagos
1200 sqm
Weservice Properties
Premium
1
₦1,263,000,000
Residential land joint venture
1263 SQM of Land
verified & closable joint venture development off freedom way, ikate Also has option for outright sale of N1m per square meter. Land size: 1,263sqm Proposal: 20 units of 2bedroom apartments+BQ + 2 pinet house Land value: 1m per square meter Facilitator fees: 10% (negotiable) Sharing: 50/50 Premium: 100M to the land owner Title: Governor's Consent.
Freedom Way, Ikate, Lekki, Lagos
6 Parking
1263 sqm
Dekay Properties
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Premium
₦1,500,000,000
Residential land joint venture
Nicely Located Prime Land
Joint venture opportunity --- Ikate, Lekki Phase 1 Developer's Opportunity Prime Lekki Location Location: Off Freedom Way, Ikate, Lekki Phase 1 Land Size: 1,263 SQM Proposal: 22 Units of Mixed Apartments Title: Governor's Consent Land Value: ₦1.5 Billion Premium: ₦100 Million Facilitator's Fee: 10% Prime location. Strong development potential. Serious developers only. Let's Deal.
Off Freedom Way, Ikate, Lekki, Lagos
1263 sqm
SFD Realtors
Premium
1
₦950,000,000
Residential land joint venture
Residential Land
Newly out --- joint venture opportunity Cowrie Creek Estate, Ikate a prime joint venture opportunity is now available in the highly sought-after Gari Creek, Ikate. Property Details: - Land size 800sqm - Land Value: ₦950 Million - Premium: ₦100 Million - Facilitators' Fee: 10% Net - Transaction Type: Joint Venture - Location: Cowrie Creek Estate, Ikate This is an opportunity for a credible and capable developer looking to secure a strategic property in a prime Lekki location. Serious developers and direct investors only. For further details, inspection and JV terms, kindly contact BGM Realty. Chief suni
Cowrie Creek Estate, Ikate, Lekki, Lagos
40 Parking
800 sqm
Best Grand Masters Realty
Premium
2
₦1,500,000,000
Residential land joint venture
Residential Land
Alma Beach Estate, Ikate, Lekki. Joint Venture. 1,200 SQM. ₦1,500,000,000 Asking. Certificate of Occupancy. Minimum 16 Flats. Sharing Ratio Open to Proposal. Before You Read the Rest of This Listing, Read This: The Price Needs an Answer the Description Doesn't Give. The problem There's a category of Ikate JV land where two nearly identical parcels --- same size, same title type, same general corridor --- can carry wildly different asking prices, and the only way a developer finds out is by actually comparing them side by side instead of taking one listing's number at face value. Most JV land search happens the opposite way. A developer sees an address they recognize --- Alma Beach Estate, Ikate, oceanfront-adjacent --- reads a plausible unit count, and starts modelling a proposal before checking what an essentially identical footprint is trading for two streets over. That's how a developer ends up structuring an equity split against a land value that's double the market's going rate for the same size plot in the same neighborhood. This listing is 1,200sqm, Alma Beach Estate, Ikate. Certificate of Occupancy. ₦1,500,000,000 asking. A minimum of 16 flats requested. Before running a single unit-economics model, the honest first step is putting this number next to what else is trading on the exact same footprint in the same corridor right now. The agitation Here's what that comparison actually shows, and it's not subtle. A separate 1,200sqm JV parcel in Ikate --- the identical size, the identical Lagos C of O title, a 50/50 sharing structure and a 10% facilitator's fee --- is listed at ₦600,000,000. That works out to approximately ₦500,000 per sqm. A 1,000sqm parcel behind Pinnacle Marwa, Ikate, on Governor's Consent, is asking ₦650,000,000, or ₦650,000/sqm. A 1,192sqm corner piece at Itedo Estate off Freedom Way, Ikate, is asking ₦500,000,000 plus a ₦40,000,000 premium --- approximately ₦419,463/sqm all-in. A larger 3,512sqm parcel on Gbangbala Street, Ikate, sand-filled and fenced, is asking ₦650,000/sqm. This listing --- 1,200sqm at ₦1,500,000,000 --- works out to approximately ₦1,250,000 per sqm. Against four independently listed Ikate JV comparables clustering between ₦419,463 and ₦650,000 per sqm, that's not a modest premium. It's roughly double to triple the corridor's going rate on land of comparable or larger size. Is there a legitimate reason for that gap? Possibly. Alma Beach Estate specifically markets itself on proximity to the Ikate-Elegushi oceanfront, and a genuine beachfront or near-beachfront position inside a gated estate can command more than raw JV land elsewhere in Ikate. A 10,000sqm outright parcel at Alma Beach Estate, described as fenced and near the ocean front, sold for ₦700,000,000 total --- which on a per-sqm basis is actually far cheaper than this listing (≈₦70,000/sqm), though outright sale pricing on a much larger, likely undeveloped parcel isn't a clean apples-to-apples comparison against a 1,200sqm JV plot. What that comparison does confirm is that Alma Beach Estate itself isn't inherently a premium-priced address in every transaction type --- which makes the ₦1,250,000/sqm rate on this specific 1,200sqm JV parcel even harder to explain without a specific justification from the seller: exact plot position, direct beach frontage, or a stated reason this parcel differs materially from the ₦419,463--₦650,000/sqm Ikate comparables above. We're not resolving that question for you. A developer evaluating this deal should ask the agent directly, in writing, what specifically justifies this parcel's rate against the four comparables cited --- and should not proceed to a sharing-ratio proposal until that answer holds up. The solution 1,200 square metres, Alma Beach Estate, Ikate, Lekki. Certificate of Occupancy. ₦1,500,000,000 asking value. Minimum proposal: 16 flats. Sharing ratio open to developer proposal. Premium: 10% of value. Facilitator's fee: 10% of value. Here is what a developer should actually evaluate before proposing terms: A specific, checkable unit benchmark. Sixteen flats minimum on 1,200sqm gives a concrete density target to model --- verify feasible floor count and permitted density with Lagos State planning before committing to a sharing ratio, since the 16-unit figure needs to be tested against actual buildable floor area, not accepted as automatically achievable. Certificate of Occupancy. A recognized title instrument. Confirm it's a full C of O and not a lesser instrument like the Governor's Consent or Elegushi C of O seen on comparable Ikate parcels --- title type materially affects how this parcel should be valued against the comparables above. Alma Beach Estate, Ikate. A named estate address with genuine proximity to the Ikate-Elegushi oceanfront corridor --- a real locational asset, but one whose actual premium over generic Ikate JV land needs to be demonstrated with this specific parcel's exact position, not assumed from the estate name alone. Open sharing ratio. The owner hasn't fixed the equity split --- genuine room for a developer to structure a ratio around their real construction cost basis, provided the underlying land valuation used to anchor that ratio is itself defensible. Combined 20% transaction cost on a disputed base value. The 10% premium and 10% facilitator's fee are both calculated on the ₦1.5B asking value --- meaning if that base value is inflated relative to the corridor's actual going rate, the fees compound the overpayment rather than simply sitting on top of a fair number. Why the comparables matter more than the address here. A developer proposing a sharing ratio against an inflated land value effectively gives away more of the completed development's equity than the land is actually worth. Anchoring the negotiation to the ₦419,463--₦650,000/sqm range already trading in Ikate --- and asking the seller to justify anything above it --- protects the developer's actual return before a single foundation is poured. The call to action 1,200sqm. Alma Beach Estate, Ikate, Lekki. ₦1,500,000,000 asking --- well above the ₦419,463--₦650,000/sqm range currently trading on comparable Ikate JV parcels. C of O. Minimum 16 flats. Sharing ratio open to proposal. 10% premium, 10% facilitator's fee. The buyer for this parcel is a developer who will not accept the asking value at face value, and who will require the agent or owner to justify it directly against the four comparables cited above before structuring any sharing-ratio proposal. Call or WhatsApp Smilebay Realties: +234 901 517 4801 and ask specifically: what justifies this parcel's per-sqm rate against comparable Ikate JV land currently trading at less than half this price? Serious developers only. Request the specific justification for the asking price, in writing, before proposing terms. The unit count is already set at a minimum of 16. The title is stated as C of O --- confirm that in writing before anything else. The number that actually matters isn't the asking price on this page. It's whether anyone can justify the gap between it and everything else trading two streets over. Land Type: Residential Land --- Joint Venture Size: 1,200 sqm Asking Value: ₦1,500,000,000 (≈₦1,250,000/sqm --- flagged as significantly above corridor comparables; verify justification before proceeding) Proposal Requirement: Minimum 16 flats Sharing Ratio: Open --- developer to propose Title: Certificate of Occupancy (C of O) --- confirm instrument type in writing Premium: 10% of value Facilitator's Fee: 10% of value Location: Alma Beach Estate, Ikate, Lekki, Lagos (Meadow Hall axis) NPC/Market Comparable Context (Ikate JV land): 1,200sqm, Ikate, Lagos C of O, 50/50 sharing --- ₦600,000,000 (≈₦500,000/sqm) 1,000sqm, behind Pinnacle Marwa, Ikate, Governor's Consent --- ₦650,000,000 + ₦50M premium (≈₦650,000/sqm) 1,192sqm corner piece, Itedo Estate off Freedom Way, Ikate --- ₦500,000,000 + ₦40M premium (≈₦419,463/sqm) 3,512sqm, Gbangbala St, Ikate, Governor's Consent, sand-filled --- ≈₦650,000/sqm (₦2,282,800,000) 10,000sqm, Alma Beach Estate, oceanfront, outright sale --- ₦700,000,000 (≈₦70,000/sqm) This listing: 1,200sqm, Alma Beach Estate, Ikate --- ₦1,500,000,000 (≈₦1,250,000/sqm) Posted: 31 August 2026 Listed by: Smilebay Realties Limited --- Ref: #364-931-7
Meadow Hall Axis, Ikate, Lekki, Lagos
Smilebay Realties Limited
Featured
₦1,200,000
Residential land joint venture
Residential Land
Residential land of 6,000 square metres is available for joint venture in Gbangala, Ikate, Lekki. The amount shown on the listing is ₦1,200,000. The note already there says it is for a mini estate, and the owner is on ground for a meeting. Total area and covered area are both 6,000 square metres. If this joint venture land in Ikate is of interest, call Planwell Homes Limited.
Gbangala, Ikate, Lekki, Lagos
6000 sqm
Planwell Homes Limited
ADVERTISEMENT750 × 120
₦1,500,000,000
Residential land joint venture
Land Measuring 1,034 SQM in a Very Prime Location
Joint venture (JV) Off Freedom Way, Ikate, Lekki, Lagos.. 1,034 square metres bareland in a well built up area with a lots of developments on going. (Owner has an existing drawing on ground already) Title: CofO. Value: ₦1.5b Proposal: 5/6 floors of 2/3 bedroom flat with penthouse 2 Sharing formular: 50/50. Facilitator's fee: 10%
Freedom Way, Ikate, Lekki, Lagos
1034 sqm
Ire-Loni International Limited
₦1,200,000
Residential land joint venture
30 Hectares Waterfront Reclamation Land
30 Hectares ikate waterfront reclamation Lagos' next billion-dollar waterfront orange island -- lekki foreshore corridor Available for JV / Outright Acquisition Location: Ikate Waterfront, Lekki, Lagos -- Sharing boundaries with Orange Island and Lekki Phase 1 Foreshore. Prime reclamation corridor with direct lagoon frontage. Land size: - 30 Hectares - Total Area: 300,000 SQM (1 Hectare = 10,000 SQM) - Minimum Allocation: 5 Hectares per Investor / Developer Pricing: - Selling Price: ₦1.2 Million per SQM - Total Land Value: 300,000 SQM x ₦1.2M = ₦360 Billion Premium: To be discussed in detail directly between the Developer/Investor and the Owner. Sharing formula: To be discussed in detail directly between the Developer/Investor and the Owner (Applicable for JV structure). Per hectare breakdown: - 1 Hectare = 10,000 SQM x ₦1.2M = ₦12 Billion - 5 Hectares = 50,000 SQM x ₦1.2M = ₦60 Billion - (Exclusive of Premium) Documents available: 1. Lagos State Waterfront Approval 2. Bathymetric & Hydrographic Survey Report 3. Sand Search Report 4. Environmental Impact Assessment (EIA) Report 5. Traffic Impact Assessment (TIA) Report 6. Drainage Clearance 7. Registered Survey Plan Title in view: Federal Certificate of Occupancy (C of O) & Governor's Consent (Under Process) Investor requirements: Verifiable Proof of Funds (POF) + Track Record of Similar Large-Scale Projects. Expression of Interest (EOI) required prior to inspection. Agency: 5% Facilitation Fee (Cash) + 10% Facilitation (Land) -- Payable by Investor/Developer. Protocol: Direct Investors/Developers Only. No brokers chain. For enquiries & inspection: Contact: [Insert Name & Number] Williams
Ikate, Lekki, Lagos
300000 sqm
Realtor
₦1,500,000,000
Residential land joint venture
1200 SQM Land
1200 sqm JV. Location: Alma Beach Estate, Ikate, Lekki, Lagos. Value: NGN 1.5b. Sharing: TBD. Premium: No. Proposal: A minimum of 16 flats. Facilitators' Fee: 10%. Title: C of O.
Alma Beach Estate, Ikate, Lekki, Lagos
1200 sqm
Emdagab Integrated Limited
₦2,800,000,000
Residential land joint venture
2,000SQM Residential Land
Semi direct brief For JV ikate, lekki Size: 2,000sqm Bella Vista Estate on freedom way, Lekki Phase 1 1.4m per sqm = N2.8billion Governor's Consent Conditions: 1. Build 40 units of 2/3 bed Apartments, pay N200million premium (Not refundable) and share 50/50 2. Build 12 units of terraces, pay N500million premium (Not refundable) and share 50/50 3. Build 12 units of terraces, pay N200million premium (Refundable). The owner takes 7 units while the developer takes 5 units Facilitator's fee: 10% I'm dealing with the semi mandate
Ikate, Lekki, Lagos
2000 sqm
2ii Homes and Properties
1
₦1,250,000,000
Residential land joint venture
Land
Direct to mandate joint venture development ikate Option to sell available at N1m per square meter* Location--- off freedom way Land size---1,263sqm Proposal---20 units of 2bedroom apartments+BQ + 2 pinet house Land value---1m per square meter Facilitator fees---10% Sharing---50/50 Premium---100M (refundable) Title--- Governor's Consent. Capable developers needed
Off Freedom Way, Ikate, Lekki, Lagos
1263 sqm
The Land Ace Lagos
₦1,500,000,000
Residential land joint venture
Bare Land of Approximately 1,200SQM for Block of Luxury Apartment
Joint venture - Alma Beach Estate Bare Land of approximately 1,200sqm located at Alma Beach Estate, Ikate, Lekki value: N1.5Bn proposal: Block of Luxury Apartments minimum of 16 units sharing: TBD facilitator's fees: 10% of Property Value (MLan)
Alma Beach Estate, Ikate, Lekki, Lagos
1200 sqm
Leaders Properties Limited
₦5,800,000,000
Residential land joint venture
Land Measuring 6,800SQM
There's 6,400 SQM available in the best part, north central ikate; for JV development. >No Premium. >Good upland. >No flooding. You can inspect anytime 50/50 and 60/40 are expected available options. But it's based on both the "Present Value (N5.8BN) of the Land" and "what the Developer drops" at the site. *Both owner and Developer will calculate and work it out and add it to the JV Agreement.
Ikate, Lekki, Lagos
Breathing Space
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There are 15 available residential land joint venture in Ikate, Lekki, Lagos. You can view and filter the list of property by price, furnishing and recency.
