Phoenix Rising

Eko Atlantic City was reclaimed from open ocean to become one of the most closely watched coastal developments in Africa, a masterplanned city built to rival Manhattan's skyline for size and ambition, and to give investors a genuine gateway into emerging markets across the continent. Phoenix Rising rises from the heart of that story, a 33-level tower set on 3,673 sqm the prime downtown district, a few steps from the Atlantic Ocean itself. Its architecture stands deliberately apart from its neighbours, an idiosyncratically exquisite modern silhouette against a skyline still being written, holding a full range of one and three bedroom apartments alongside penthouse villas and rooftop restaurants under one address.

Current pricing starts from $624,400 for a 195 sqm 3-bedroom apartment with BQ. Other available prices range from $631,800 to $705,200, depending on level and unit size, with a 30% commitment deposit and instalment payment over 30 months.

Why Choose Phoenix Rising?

Phoenix Rising was designed around a single idea: that a home should let you work, live and play without ever needing to leave the building. Every apartment is designed with the same uncompromised quality regardless of size, from the well-proportioned one bedroom residences through to the three bedroom apartments built for growing households, each with its own maid's room, study, and private terrace off the main living area. At the top of the tower, the penthouse collection takes that same philosophy further, spanning two full levels with private family lounges, walk-in closets and terraces that catch the downtown skyline from a height few addresses in Eko Atlantic can offer. This is a building that gives every resident, whichever floor they call home, the same exquisite lifestyle in a pristine environment the tower was built to deliver.

Phoenix Rising is A Tower Built for Downtown Living

What sets Phoenix Rising apart from a purely residential address is how much of daily life it holds inside its own walls. The lifestyle floor brings together a swimming pool and pool lounge, a fully fitted gym, a spa, a dedicated kids' play area, and a games room and cigar lounge for quieter evenings, all before a resident ever has to leave the building. A rooftop restaurant crowns the tower itself, turning a simple dinner into a skyline occasion, while 24-hour concierge service and reception staff manage the everyday details residents shouldn't have to think about. Behind the scenes, the tower runs on a central sewage and water system, fibre optic internet, fast-speed elevators, round-the-clock power, and top-level CCTV and fire-fighting systems, the kind of infrastructure that lets a building this size feel effortless from the inside, even at 33 floors.

Prime Eko Atlantic City Location

Phoenix Rising sits in the prime downtown district of Eko Atlantic City, a few steps from the Atlantic Ocean, inside a coastal city built with zero carbon footprint ambitions, electrical independence, and multiple transportation options designed in from the start. Eko Atlantic itself has become a focal point for investors drawn to substantial development opportunity and sustained high demand, positioning Phoenix Rising not just as a home but as an address inside one of the continent's most ambitious urban growth stories.

Investment Potential

Real estate remains a compelling long-term asset class, and Phoenix Rising offers investors the opportunity to acquire a residence within one of Lagos' most prominent waterfront developments. According to Arkland Group, properties in Eko Atlantic have recorded price appreciation of approximately 70% over the past three years, while three-bedroom apartments in the district have been marketed within the $400,000 to $1 million range, with annual rental income reported at approximately $33,000 to $40,000.

The development is also positioned as an off-plan investment opportunity, with an entry point of as little as 25% of the purchase price. By securing a unit during construction, buyers have the opportunity to participate in the potential value growth of the property as the development progresses toward completion.