New developments in Ikoyi, Banana Island, VI & Eko Atlantic
Off-plan and newly completed residences in the most established parts of Lagos: Ikoyi and Banana Island, Victoria Island and Oniru, and the waterfront towers of Eko Atlantic City. Every development shows its starting price, payment plan and completion date, taken from the developer's own brochure and price list.
33 developments
Off-plan · Q4 2028Xamira Heights
Boutique Hotel Living, With the Privacy of Home.
From $427,500≈ ₦641M
Under construction · Q2 2027The Fenry
Four exclusive waterfront residences on Mekuwen Road, Ikoyi.
From $3,000,000≈ ₦4.5B
Under constructionEmpire Residence
Empire Residence on Sinari Daranijo Street
Off-planMandilas Tower
2, 4, 5 bedrooms in Ikoyi
From $558,000≈ ₦837M
Under constructionEko Pearl Tower
2–3 bedrooms in Eko Atlantic
From $710,000≈ ₦1.06B
CompletedLucrezia
From ₦4.5B≈ $3M
Under constructionIbeto Heights
1–4 bedrooms in Victoria Island
From ₦243M≈ $162K
CompletedAzuri Towers
3–4 bedrooms in Eko Atlantic
From $1,000,000≈ ₦1.5B
Off-planL5 Banana
2–4 bedrooms in Banana Island
From ₦649M≈ $433K
Off-planRiviera Vista
2–3 bedrooms in Ikoyi
From ₦410M≈ $273K

The Residence
5-bedroom residences in Banana Island
From $1,750,000≈ ₦2.63B
Under construction · Q1 2027A&A Towers
1–3 bedrooms in Eko Atlantic
From $680,500≈ ₦1.02B

Bijou Tower
1–4 bedrooms in Banana Island
From $715,680≈ ₦1.07B
Off-planThe No. 8

Ozumba Mbadiwe Towers
1–2 bedrooms in Victoria Island
From ₦2.1B≈ $1.4M

Astoria
4-bedroom residences in Old Ikoyi
Under constructionLakowe Heights
Off-plan54 Glover Tower
3, 5 bedrooms in Ikoyi
From $534,902≈ ₦802M
Off-planPhoenix Rising
1, 3 bedrooms in Eko Atlantic
From $624,000≈ ₦936M
Under construction · Q1 2027Le Reve
From $850,000≈ ₦1.27B
Under construction · Q4 2029The Twist
1–3 bedrooms in Victoria Island
From ₦350M≈ $233K
Off-planBrooks Height
2–3 bedrooms in Ikoyi
From ₦1.1B≈ $733K
Under construction · Q2 2027The Nacre Residences
From ₦1.6B≈ $1.1M
Under constructionSol
From ₦230M≈ $153K
Under construction · September 2027Tinuola Towers
From $594,000≈ ₦891M
Under construction · Q1 2030Il Sogno
From $840,000≈ ₦1.26B
Under constructionOyster Tower
From $307,147≈ ₦461M
Off-plan · Q4 2027Park Towers
2–4 bedrooms in Oniru
From ₦375M≈ $250K
Under construction · Q1 2027Trimnell Tower
2-bedroom residences in Victoria Island
From ₦600M≈ $400K
Under constructionFHT
4-bedroom residences in Oniru
From ₦340M≈ $227K
Off-planThe Autobiography
Three luxury residential blocks in Dideolu Estate.
From ₦600M≈ $400K
Under constructionBloom Towers
From ₦270M≈ $180K
Under constructionAria Lagos
3–4 bedrooms in Ikoyi
From $900,000≈ ₦1.35B
Questions buyers ask
Which areas do your developments cover?
We focus on prime Lagos: Ikoyi (including Banana Island and Old Ikoyi), Victoria Island, Oniru and Eko Atlantic City, where most new luxury towers and waterfront residences are being built.
What does buying off-plan involve?
You reserve a residence before or during construction, pay a deposit, then pay the balance in instalments under the developer's payment plan until handover. Off-plan prices are usually lower than prices for completed homes.
How do payment plans work?
Most developers ask for a deposit on signing, followed by instalments over the construction period and a final balance before handover. Each development page shows its payment plan where the developer has published one.
Are prices in naira or dollars?
Some developers price in naira and others in US dollars. Use the ₦/$ switch to compare. Converted figures are marked ≈ and are approximate. The developer's price list is always the final reference.
Who are you buying from?
You buy directly from the developer. Vala Homes markets these developments on the developers' behalf and can arrange site visits, price lists and introductions to the sales team.
Not sure which development fits?
Tell an advisor your budget and timeline. They'll shortlist developments and send price lists on WhatsApp.
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