A major mistake investors make in property acquisition is the failure to listen to common trends and be proactive.

Do you know that the Lagos State has signed a Smart City deal with Dubai. And the smart city is to be built in Ibeju Lekki. Scroll to the end to see our properties or read on.

The Lagos State government on Monday signed an agreement with the City of Dubai for the creation of Africa’s first smart city.

The Memorandum of Understanding for the Lagos Smart City was on Monday signed at the Emirate Towers by the Lagos State Attorney-General and Commissioner of Justice, Mr. Adeniji Kazeem and the Chief Executive Officer of Smart City Dubai LLC, Mr. Jabber Bin Hafez.

The signing of the MOU, which will make Lagos the home of the very first Smart City in Africa, was witnessed by the Chairman of Dubai Holdings, His Excellency, Ahmad Bin Byat who is also the Deputy Prime Minister and the Lagos State Governor, Mr. Akinwunmi Ambode.

A Smart City is a growing concept that draws from the success of Dubai’s innovative knowledge-based industry clusters ” to empower business growth for companies and knowledge workers all over the world”.

In a release signed on Tuesday by the Lagos State Commissioner for Information and Strategy, Mr. Steve Ayorinde, the Smart City (Lagos) is expected to bring multi-billion dollars investments to Lagos, create several thousands of jobs and transform the Ibeju-Lekki axis in particular and the entire Lagos State in general.

“This is a deliberate attempt by us to establish a strong convergence between technology, economic development and governance, and ” says Governor Ambode.

“The MOU between Lagos State Government and Dubai Holdings, LLC, owners of Smart City (Dubai) to develop a sustainable, smart, globally connected knowledge-based communities that drive knowledge economy, ” he stated.

The governor stated that the collaboration is part of the larger vision to make Lagos safer, cleaner and more prosperous.

He said: ” A smart-city Lagos will be the pride of all Lagosians just as we have smart city Dubai, Smart-City Malta and Smart-City Kochi (India). We are encouraged by the fact we do not, as a government, need to develop at a slow pace, but take full advantage of the digital age and fast track development of Lagos to a real megalopolis that we can all be proud of.”

The statement quoted Governor Ambode further as saying that ” the future is ours to take. It also marks the first smart city in Africa when completed.

The governor added that apart from creating jobs for the people, the project would also become the world’s first carbon neutral city. “Lagos,” he stated, “will become an important centre for innovations in smart technologies, wellness and destination for green tourism.”

Earlier in his remarks, the Deputy Prime Minister Bin Byat said the Dubai authorities were impressed with the conduct and readiness of Lagos State government and were eager to proceed with the Lagos State government and the Smart City Lagos company, which is the operating entity for the project.

When completed, the Smart City Lagos will have, among other features: a 12-lane road, hotel resorts, world-class technological education facilities, a rail metroline, to mention but a few.

Ayorinde said the signing ceremony was also witnessed by the Chairman of Smart City Lagos Ltd, Prof. Pat Utomi; the Special Adviser to the Governor on Overseas Affairs and Investment, Prof. Ademola Abass; Chairman, Public Accounts Committee of the Lagos State House of Assembly, Hon. Olanrewaju Oshun, Hon. Dipo Famakinwa and Mr. Obafemi Saheed.

Are you seeking to avoid this mistake? Call Yemi on 08070518546 for these properties:


1. Wolverton Courts
Location: Okun-ilado Town Ibeju lekki
Price: 2.5million
Title: proposed Excision

2. Uptown Courts
Location: Lekki Free trade zone axis
Price: 3.5million
Title: Global CofO

3. Edgewood Courts
Location: Okun-ilado Town Ibeju lekki
Price: 3million
Title: Proposed Excision.

4. Sunny land Courts
Location: Lekki Free trade zone axis.
Price: 3million
Title: Global CofO.

5. Sand field Courts
Location: Along Lekki Free trade zone axis.
Price: 4.5million
Title: Global CofO.

6. Ocean wood Courts
Location: Lekki Coastal Road, East of Lekki Free trade zone
Price: 1.5million
Title: Excision.

7. White Oak Estate
Location: Lekki Free trade zone axis.
Price: 4million
Title: Global CofO.

8. Uptown Courts Extension
Location: Lekki Free trade zone axis.
Price: 2.8million
Title: Global CofO.

9. Cherry wood Courts
Location: Lekki Free trade zone axis
Price: 3.5million
Title: Global CofO.

10. Palmsville Courts
Location: Orimedu Town Ibeju lekki.
Price: 3million
Title: proposed Excision.

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