# Lekki Phase 1 / VI Extension vs other Lagos submarkets

> Lekki Phase 1 / VI Extension (prime, ~₦60,000/sqm/mo · ≈ $44.8 PSF/yr USD) is one of 5 Lagos Class A submarkets we track.

**Canonical URL:** https://classa.info/cities/lagos/lekki-phase-1-vi-extension/topics/vs-other-submarkets
**Page type:** nb-topic
**Last updated:** 2026-04-15T00:00:00.000Z
**License:** CC BY 4.0 with attribution to Class A Atlas (https://classa.info).

## TL;DR
- Lekki Phase 1 / VI Extension sits at prime tier.
- Average rent ₦60,000/sqm/mo · ≈ $44.8 PSF/yr USD vs city average 80000.
- Compared submarkets: Victoria Island (VI) (trophy), Ikoyi (trophy), Eko Atlantic City (trophy).

## Key facts
- **city**: Lagos
- **submarket**: Lekki Phase 1 / VI Extension
- **tier**: prime
- **averageRentLocal**: ₦60,000/sqm/mo · ≈ $44.8 PSF/yr USD
- **cityClassARentUsd**: $60/sqft/yr
- **cityVacancyPct**: 17.6%

## FAQ
### What other submarkets compete with Lekki Phase 1 / VI Extension in Lagos?
Victoria Island (VI), Ikoyi, Eko Atlantic City

---
Citation: Source: Class A Atlas (https://classa.info/cities/lagos/lekki-phase-1-vi-extension/topics/vs-other-submarkets), updated 2026-04-15T00:00:00.000Z.