Cost Of Rent Around Abuja|Co-tenant - Properties (5)

Cost Of Rent Around Abuja|Co-tenant - Properties (5) - Nairaland

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Re: Cost Of Rent Around Abuja|Co-tenant by captianfreeman(m): 12:52pm On Apr 13, 2019

Half bake survey.

Re: Cost Of Rent Around Abuja|Co-tenant by suremanpatriot: 12:53pm On Apr 13, 2019

Well done my dear. It is jst a guide but No matter wht you fo ppl mustto talk anyhow. No mind them jere.

Re: Cost Of Rent Around Abuja|Co-tenant by arduino: 12:53pm On Apr 13, 2019

Rubbiish:
Suleja and madala no be abuja o

I know. I just wan increase options for our brother. grin

1 Like

Re: Cost Of Rent Around Abuja|Co-tenant by Rubbiish(m): 12:54pm On Apr 13, 2019

wildchild1:
The funniest thing i've heard in Abuja is Mpape = Maitama extension big fat lie...dem no near anything, monkey is different from chimpanzee

Lols
But na so dawaki and gwarinpa be o wink

1 Like

Re: Cost Of Rent Around Abuja|Co-tenant by austyne22ex(m): 12:54pm On Apr 13, 2019

wildchild1:
The funniest thing i've heard in Abuja is Mpape = Maitama extension big fat lie...dem no near anything, monkey is different from chimpanzee

The matter dey tire me bros...lol

1 Like

Re: Cost Of Rent Around Abuja|Co-tenant by Rubbiish(m): 12:54pm On Apr 13, 2019

arduino:
I know. I just wan increase options for our brother.

Re: Cost Of Rent Around Abuja|Co-tenant by MiddleDimension: 12:56pm On Apr 13, 2019

Rubbiish:
Oga even if na angels they live there, it is foolishness
Festac no worth that rental amount abeg

if.you don't pay, others will.

you heard that i said that it is mainly foreigners that live there. the 7th floor east or west wing (i cannot remember which one it is), is occupied mainly by Chinese.

the place belong to the UAC. I think they are also the owners of 1004 in VI.

also the house is self-serviced. it is apart from the FESTAC you know. it is more like a ''you are in the world but not of the world. it is a veryvnice place to live. the fact you don't have to go far tp get the things you need, is a big advantage. situated beside golden tulip hotel and both buildings are just infron of shoprite.

and i find it very strange that you who agree that a gheto like mpape can have houses that costs what that poster said, is finding it hard to believe some houses in certain neighbourhood can cost what they cost

1 Like

Re: Cost Of Rent Around Abuja|Co-tenant by frowland(m): 12:56pm On Apr 13, 2019

flywheelz:
Big lies Man Lagos nah Big scam anyway that survey is shitty.... lived Lagos all my life but currently in Abj. I repeat Lagos nah scam...

That's your opinion which does not make myne lies. So I wonder what you mean by lies. Defeatist.

Re: Cost Of Rent Around Abuja|Co-tenant by Rubbiish(m): 12:56pm On Apr 13, 2019

arduino:
FO1 in kubwa na 1.2Million minimum for a 2bedroom flat. Army Estate is 1Million for same. Phase1, 2, 3, 4 na between 650k - 850k for 2bedroom depending on the site and condition of the house.
Abuja expensive period.

Abaji go soon enter 500k cheesy

1 Like

Re: Cost Of Rent Around Abuja|Co-tenant by arduino: 12:59pm On Apr 13, 2019

Rubbiish:
Abaji go soon enter 500k

Na to pack my kaya enter village be that. cheesy

2 Likes

Re: Cost Of Rent Around Abuja|Co-tenant by Rubbiish(m): 12:59pm On Apr 13, 2019

Gift84:
Yet, our prosident finds it difficult to increase minimum wage, I don't even have a job

Someone suggested bloww job wink

Re: Cost Of Rent Around Abuja|Co-tenant by CyberWolf: 1:00pm On Apr 13, 2019

Meaning that rent in Abuja is cheaper than Lagos b cause I was seeing rent as high as 60M and I was WTF, 60Mfor rent huh

... I live in Abuja and OP is correct.

Re: Cost Of Rent Around Abuja|Co-tenant by GuntersChain(m): 1:00pm On Apr 13, 2019

whats special about abuja.

Re: Cost Of Rent Around Abuja|Co-tenant by Rubbiish(m): 1:00pm On Apr 13, 2019

arduino:
Na to pack my kaya enter village be that.

I dey tell u bros

1 Like

Re: Cost Of Rent Around Abuja|Co-tenant by wildchild1: 1:01pm On Apr 13, 2019

MiddleDimension:
if.you don't pay, others will.

you heard that i said that it is mainly foreigners that live there. the 7th floor east or west wing (i cannot remember which one it is), is occupied mainly by Chinese.

the place belong to the UAC. I think they are also the owners of 1004 in VI.

also the house is self-serviced. it is apart from the FESTAC you know. it is more like a ''you are in the world but not of the world. it is a veryvnice place to live. the fact you don't have to go far tp get the things you need, is a big advantage. situated beside golden tulip hotel and both buildings are just infron of shoprite.

and i find it very strange that you who agree that a gheto like mpape can have houses that costs what that poster said, is finding it hard to believe some houses in certain neighbourhood can cost what they cost

FG owns 1004 initially but its been sold to individuals now. and how much do you think is the cost of 3 bedroom duplex in 1004? Bros don't let your boss deceive you, tell him to show you the receipt, the actual receipt.

Thank God you're familiar with both places, do you think that place in Festac would cost more than 1004 in VI? Because the last time i checked, there's no 14M/year apartment inside 1004 VI.

3 Likes

Re: Cost Of Rent Around Abuja|Co-tenant by MiddleDimension: 1:03pm On Apr 13, 2019

wildchild1:
I know that compound like the back of my hand. Golden Tulip hotel and Shoprite are inside, my friend had his wedding inside the hall beside Golden Tulip. There's nothing special about that axis, the road aint even good. Probably a service apartment but then like i said 14M is not real, your boss should show us the actual receipt

ok. that's what he told me.

anyway, you are right about festac. but the road from the place through mega chicken to the junction is ok.

another point: you seem to think that prices of things in Nigeria are fair prices. by fair prices here, i mean prices that a due to market forces of demand and supply. if it were so, based only on demand and supply, even the houses in Asokoro, Wuse et al are over priced!

1 Like

Re: Cost Of Rent Around Abuja|Co-tenant by darkelf: 1:05pm On Apr 13, 2019

CotenantNIG:
Hi Guys
Co-Tenant Nigeria here

This is part 2 of our series
Read Here for part 1
Cost of Rent around Lagos
https://cotenant.com.ng/cost-of-rent-around-lagos/

The average price of flats for rent in Abuja is ₦1,460,000 per year. The most expensive flat costs ₦12,000,000 per year while the cheapest cost ₦120,000 per year. we would be looking at some of this locations

APO
The average price of flats for rent in Apo, Abuja is ₦1,190,000 per year. The most expensive flat costs ₦4,000,000 per year while the cheapest cost ₦250,000 per year

ASOKORO
The average price of flats for rent in Asokoro District, Abuja is ₦3,180,000 per year. The most expensive flat costs ₦4,000,000 per year while the cheapest cost ₦300,000 per year

BWARI
Bwari| Kuduru| Ushafa| Zango
The average price of flats for rent in BWARI, Abuja is ₦500,000 per year. The most expensive flat costs ₦1,100,000 per year while the cheapest cost ₦100,000 per year

Wuye
The average price of flats for rent in Wuye, Abuja is ₦1,450,000 per year. The most expensive flat costs ₦2,500,000 per year while the cheapest cost ₦350,000 per year.

WUSE 2
The average price of flats for rent in Wuse 2, Abuja is ₦2,620,000 per year. The most expensive flat costs ₦11,000,000 per year while the cheapest cost ₦350,000 per year.

WUSE
The average price of flats for rent in Wuse, Abuja is ₦990,000 per year. The most expensive flat costs ₦15,000,000 per year while the cheapest cost ₦400,000 per year.

UTAKO
The average price of flats for rent in Utako, Abuja is ₦1,540,000 per year. The most expensive flat costs ₦5,000,000 per year while the cheapest cost ₦350,000 per year.

Nyanya
The average price of flats for rent in Nyanya, Abuja is ₦600,000 per year. The most expensive flat costs ₦1,000,000 per year while the cheapest cost ₦350,000 per year.

Mpape
The average price of flats for rent in Mpape, Abuja is ₦900,000 per year. The most expensive flat costs ₦1,000,000 per year while the cheapest cost ₦100,000 per year.

Mbora
The average price of flats for rent in Mbora Abuja is ₦1,100,000 per year. The most expensive flat costs ₦3,000,000 per year while the cheapest cost ₦300,000 per year.

Maitama
The average price of flats for rent in Maitama District, Abuja is ₦5,990,000 per year. The most expensive flat costs ₦7,000,000 per year while the cheapest cost ₦600,000 per year.

Mabuchi
The average price of flats for rent in Mabuchi, Abuja is ₦1,420,000 per year. The most expensive flat costs ₦5,000,000 per year while the cheapest cost ₦400,000 per year.

Lugbe
The average price of flats for rent in Lugbe, Abuja is ₦600,000 . The most expensive flat costs ₦1,100,000 per year while the cheapest cost ₦400,000 per year.

Lokogoma
The average price of flats for rent in Lokogoma District, Abuja is ₦750,000 per year. The most expensive flat costs ₦2,300,000 per year while the cheapest cost ₦280,000 per year

Kubwa
The average price of flats for rent in Kubwa, Abuja is ₦690,000 per year. The most expensive flat costs ₦1,700,000 per year while the cheapest cost ₦180,000 per year.

Kaura
The average price of flats for rent in Kaura, Abuja is ₦1,090,000 per year. The most expensive flat costs ₦3,500,000 per year while the cheapest cost ₦350,000 per year.

Katampe
The average price of flats for rent in Katampe, Abuja is ₦2,040,000 per year. The most expensive flat costs ₦5,000,000 per year while the cheapest cost ₦350,000 per year.

Jabi
The average price of flats for rent in Jabi, Abuja is ₦1,660,000 per year. The most expensive flat costs ₦8,500,000 per year while the cheapest cost ₦300,000 per year.

Gwarinmpa
The average price of flats for rent in Gwarinpa, Abuja is ₦1,020,000 per year. The most expensive flat costs ₦6,000,000 per year while the cheapest cost ₦250,000 per year.

Garki
The average price of flats for rent in Garki, Abuja is ₦1,450,000 per year. The most expensive flat costs ₦18,000,000 per year while the cheapest cost ₦200,000 per year.

Durunmi
The average price of flats for rent in Durumi, Abuja is ₦1,330,000 per year. The most expensive flat costs ₦3,500,000 per year while the cheapest cost ₦350,000 per year.

Add yours

Need Flat-mates to stay with you In Abuja
Follow Link
https://cotenant.com.ng/rent-a-spare-bedroom-in-a-house-or-flatshare/

Thank You

Very incomprehensive info

What type of flats are we talking about? 1 bedroom 2 bedroom or 3 bedroom huh

I live in one of the afore-mentioned areas and your figures are way off.

Please, make sure your research is thorough enough so that people can have access to the right and genuine info and not waste money unecesary

Re: Cost Of Rent Around Abuja|Co-tenant by aAK1(m): 1:05pm On Apr 13, 2019

Rubbiish:
Can u actually get a 2 bedroom at karu site for 450k?
Last i checked was 500k last

well, I was lucky to get the place I am now. Been there for about three years and it’s a great place. Most of the houses around me are 600k. The rang is actually 500 to 600 depending on the kind of house. Pop, water heater etc

2 Likes

Re: Cost Of Rent Around Abuja|Co-tenant by MiddleDimension: 1:06pm On Apr 13, 2019

wildchild1:
FG owns 1004 initially but its been sold to individuals now. and how much do you think is the cost of 3 bedroom duplex in 1004? Bros don't let your boss deceive you, tell him to show you the receipt, the actual receipt.

Thank God you're familiar with both places, do you think that place in Festac would cost more than 1004 in VI? Because the last time i checked, there's no 14M/year apartment inside 1004 VI.

i said ''i think...'' which means i am not sure they own 1004

Re: Cost Of Rent Around Abuja|Co-tenant by darkelf: 1:06pm On Apr 13, 2019

holluphemydavid:
Am paying 350k per year in Dutse Alahaji here in Abuja for 1 bed room flat

House rent in Abuja is really costly

1 Like

Re: Cost Of Rent Around Abuja|Co-tenant by elbulk(m): 1:07pm On Apr 13, 2019

CotenantNIG:
Hi Guys
Co-Tenant Nigeria here

This is part 2 of our series
Read Here for part 1
Cost of Rent around Lagos
https://cotenant.com.ng/cost-of-rent-around-lagos/

The average price of flats for rent in Abuja is ₦1,460,000 per year. The most expensive flat costs ₦12,000,000 per year while the cheapest cost ₦120,000 per year. we would be looking at some of this locations

APO
The average price of flats for rent in Apo, Abuja is ₦1,190,000 per year. The most expensive flat costs ₦4,000,000 per year while the cheapest cost ₦250,000 per year

ASOKORO
The average price of flats for rent in Asokoro District, Abuja is ₦3,180,000 per year. The most expensive flat costs ₦4,000,000 per year while the cheapest cost ₦300,000 per year

BWARI
Bwari| Kuduru| Ushafa| Zango
The average price of flats for rent in BWARI, Abuja is ₦500,000 per year. The most expensive flat costs ₦1,100,000 per year while the cheapest cost ₦100,000 per year

Wuye
The average price of flats for rent in Wuye, Abuja is ₦1,450,000 per year. The most expensive flat costs ₦2,500,000 per year while the cheapest cost ₦350,000 per year.

WUSE 2
The average price of flats for rent in Wuse 2, Abuja is ₦2,620,000 per year. The most expensive flat costs ₦11,000,000 per year while the cheapest cost ₦350,000 per year.

WUSE
The average price of flats for rent in Wuse, Abuja is ₦990,000 per year. The most expensive flat costs ₦15,000,000 per year while the cheapest cost ₦400,000 per year.

UTAKO
The average price of flats for rent in Utako, Abuja is ₦1,540,000 per year. The most expensive flat costs ₦5,000,000 per year while the cheapest cost ₦350,000 per year.

Nyanya
The average price of flats for rent in Nyanya, Abuja is ₦600,000 per year. The most expensive flat costs ₦1,000,000 per year while the cheapest cost ₦350,000 per year.

Mpape
The average price of flats for rent in Mpape, Abuja is ₦900,000 per year. The most expensive flat costs ₦1,000,000 per year while the cheapest cost ₦100,000 per year.

Mbora
The average price of flats for rent in Mbora Abuja is ₦1,100,000 per year. The most expensive flat costs ₦3,000,000 per year while the cheapest cost ₦300,000 per year.

Maitama
The average price of flats for rent in Maitama District, Abuja is ₦5,990,000 per year. The most expensive flat costs ₦7,000,000 per year while the cheapest cost ₦600,000 per year.

Mabuchi
The average price of flats for rent in Mabuchi, Abuja is ₦1,420,000 per year. The most expensive flat costs ₦5,000,000 per year while the cheapest cost ₦400,000 per year.

Lugbe
The average price of flats for rent in Lugbe, Abuja is ₦600,000 . The most expensive flat costs ₦1,100,000 per year while the cheapest cost ₦400,000 per year.

Lokogoma
The average price of flats for rent in Lokogoma District, Abuja is ₦750,000 per year. The most expensive flat costs ₦2,300,000 per year while the cheapest cost ₦280,000 per year

Kubwa
The average price of flats for rent in Kubwa, Abuja is ₦690,000 per year. The most expensive flat costs ₦1,700,000 per year while the cheapest cost ₦180,000 per year.

Kaura
The average price of flats for rent in Kaura, Abuja is ₦1,090,000 per year. The most expensive flat costs ₦3,500,000 per year while the cheapest cost ₦350,000 per year.

Katampe
The average price of flats for rent in Katampe, Abuja is ₦2,040,000 per year. The most expensive flat costs ₦5,000,000 per year while the cheapest cost ₦350,000 per year.

Jabi
The average price of flats for rent in Jabi, Abuja is ₦1,660,000 per year. The most expensive flat costs ₦8,500,000 per year while the cheapest cost ₦300,000 per year.

Gwarinmpa
The average price of flats for rent in Gwarinpa, Abuja is ₦1,020,000 per year. The most expensive flat costs ₦6,000,000 per year while the cheapest cost ₦250,000 per year.

Garki
The average price of flats for rent in Garki, Abuja is ₦1,450,000 per year. The most expensive flat costs ₦18,000,000 per year while the cheapest cost ₦200,000 per year.

Durunmi
The average price of flats for rent in Durumi, Abuja is ₦1,330,000 per year. The most expensive flat costs ₦3,500,000 per year while the cheapest cost ₦350,000 per year.

Add yours

Need Flat-mates to stay with you In Abuja
Follow Link
https://cotenant.com.ng/rent-a-spare-bedroom-in-a-house-or-flatshare/

Thank You

Wuse II is more expensive than Wuse not the other way round. Rent in Abuja is crazy, it's a known fact. Also you are wrong with Maitama, in 2008 I had someone live in a house for 12M/year. Maitama, Asokoro cant be 4M for the most expensive flat when a regular flat there could easily go for 2M/more.Asokoro and Apo can never be on the same rent scale.

2 Likes

Re: Cost Of Rent Around Abuja|Co-tenant by darkelf: 1:10pm On Apr 13, 2019

kikake:
Cost of landed property in Abuja does not tally with global trends.

Globally, cost of landed property is tied to the number of industries, population and availability of space.

The more the population, industries and Service companies in a city, the higher the cost of landed property.

The lesser the space in a highly populated city, the higher the cost of landed property in the city.

But Abuja has no industries and Service companies.
Abuja has little population.
Abuja has all the space to build.

Yet cost of landed property in Abuja is very high, often higher than in highly populated and industrialized cities of the industrialized countries.

Fact is: cost of landed property is fraudulent.

Gbam. There is really something wrong with this country Nigeria.

I observed same worrying trend. Could it be tied to the Politics going on...since it is the seat of power in Nigeria huh

1 Like 1 Share

Re: Cost Of Rent Around Abuja|Co-tenant by darkelf: 1:11pm On Apr 13, 2019

CyberWolf:
Meaning that rent in Abuja is cheaper than Lagos b cause I was seeing rent as high as 60M and I was WTF, 60Mfor rent ... I live in Abuja and OP is correct.

It makes me wonder if they really want to rent out their property.

When one can build house in Osun, Ondo, Ekiti, Ogun for 60M

1 Like

Re: Cost Of Rent Around Abuja|Co-tenant by Neldrizzy(m): 1:13pm On Apr 13, 2019

Brighte:
And many free estates that is yet to occupy and it is wasting. One of these days I just pack my property and move in to one of the estate. Politicans would be building estate with public funds and the public can't afford living in it. Everywhere good. Just have a skill to offer to humanity you will buy it a house and stop paying house rent.

muzzz me guy grin

I swear you are right... same thing I was telling my Whatsapp friends last week... The empty estates are just too many... Big and empty

2 Likes

Re: Cost Of Rent Around Abuja|Co-tenant by MiddleDimension: 1:13pm On Apr 13, 2019

wildchild1:
FG owns 1004 initially but its been sold to individuals now. and how much do you think is the cost of 3 bedroom duplex in 1004? Bros don't let your boss deceive you, tell him to show you the receipt, the actual receipt.

Thank God you're familiar with both places, do you think that place in Festac would cost more than 1004 in VI? Because the last time i checked, there's no 14M/year apartment inside 1004 VI.

actually, when it comes.to the quality of houses, the Residence is a very modern house compared to 1004. you know 1004 is old architecture. the only reason 1004 costs what it costs is because of the location, and maybe because it is the famous 1004

Re: Cost Of Rent Around Abuja|Co-tenant by Nobody: 1:15pm On Apr 13, 2019

This isn't entirely through but its fair. You could still see cheaper houses than what is quoted as cheapest

2 Likes

Re: Cost Of Rent Around Abuja|Co-tenant by austyne22ex(m): 1:19pm On Apr 13, 2019

Rubbiish:
I heard power supply is poor in Arab road, only brick city estate enjoy light in that axis, how true?

Very true

Re: Cost Of Rent Around Abuja|Co-tenant by holluphemydavid(m): 1:20pm On Apr 13, 2019

darkelf:
House rent in Abuja is really costly

Very very

2 Likes

Re: Cost Of Rent Around Abuja|Co-tenant by wildchild1: 1:23pm On Apr 13, 2019

MiddleDimension:
actually, when it comes.to the quality of houses, the Residence is a very modern house compared to 1004. you know 1004 is old architecture. the only reason 1004 costs what it costs is because of the location, and maybe because it is the famous 1004

Often times, rent is not by quality or how new the structure is, its usually by location. Most of the houses in Asokoro Federal Housing are old and they are way more expensive than the new ones in Jabi/Lugbe/Gwarimpa/Lokogoma. Location is key

3 Likes

Re: Cost Of Rent Around Abuja|Co-tenant by austyne22ex(m): 1:25pm On Apr 13, 2019

Humility017:
not everywhere in mpape...

places close to that police station... and that barrack...is a bit better....
but beyond berger quary mehn no go area

True

Re: Cost Of Rent Around Abuja|Co-tenant by MiddleDimension: 1:26pm On Apr 13, 2019

darkelf:
Gbam. There is really something wrong with this country Nigeria.

I observed same worrying trend. Could it be tied to the Politics going on...since it is the seat of power in Nigeria

@darkelf pls read this:

in Nigeria, the prices of things are NOT FAIR! if they were fair, sentiments like ''this is the federal capital'' should not factor in.

that a place is ''federal capital'' doesn't matter to a business man. all he wants is profit, and as far as i am concrened, who ever invested in those houses in the high brow areas in abuja is not making the profit he is suppose to make. this is because alot of them are empty! a business man would not like his property to be empty because he is not making anything while empty.

so he would begin to look at why they are empty in order to see how he can get them occupied. this will drive down the cost of those houses to their actual price. but this is if the person who invested in them is a true business man who invested his HARD EARNED MONEY!

like you and i know they are not actual business men who invested their own money. they are political thieves who just want to have properties in ABUJA, the federal capital. and the money they used are YOURS! so they are not losing anything if those houses remain empty because they never invested their OWN money.

3 Likes

Re: Cost Of Rent Around Abuja|Co-tenant by CyberWolf: 1:26pm On Apr 13, 2019

darkelf:
It makes me wonder if they really want to rent out their property.

When one can build house in Osun, Ondo, Ekiti, Ogun for 60M

I wonder oo

1 Like

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