Yaba, a suburb on the Lagos Mainland, is home to two major tertiary institutions, several research laboratories, the newly redesignated ultra-modern Tejuosho market, E-centre and the National Library of Nigeria as well as the Silicon Valley of the country where a lot of technology start-ups are located. The presence of these organisations and facilities has, in turn, led to an increased attention from young professionals and the middle-class groups seeking affordable houses to rent in Lagos.
The houses for sale in Yaba are renovated or expanded residential and commercial properties which consist a mixture of high rise office buildings, houses and block of apartments. Majority of the houses for sale in Yaba come with fully fitted kitchen, commendable supply of electricity and a functioning water and sewage system which are located within Oyingbo, Ebute-metta, Sabo, Akoka, Abule Ijesha, Iwaya, Jibowu, Fola Agoro, Alagomeji and Onike and the residential estates in Yaba such as Grace Court Estate, Danny estate, Alcove estate, Lavender Court Estate and Royal Estate to mention but a few. For an individual looking to buy and then rent out, a three (3) bedroom flat apartment in Yabatech quarters costs N35,000,000, Duplex for sale in Yaba is within the rate of N40,000,000 to N400,000,000 and smaller apartments like the mini flat for sale in Yaba is within N2,000,000 to N35,000,000.
Commercial properties for sale in Yaba are concentrated in Sabo area as it is a highly commercialised zone. Tejuosho market in Tejuosho has a number of stores and shops for sale in Yaba which can cost about N6,000,000 for a 9sq ft shop. Strategically located office spaces for sale in Yaba cost up to N250,000,000.