# Lagos Class A submarkets

> Lagos has 5 distinct Class A submarkets we track, anchored by Victoria Island (VI) at the trophy tier.

**Canonical URL:** https://classa.info/cities/lagos/neighborhoods-overview
**Page type:** city-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
- 5 submarkets covered.
- Trophy tier: Victoria Island (VI), Ikoyi, Eko Atlantic City.
- Prime tier: Lekki Phase 1 / VI Extension, Marina (Lagos Island).
- Established/emerging tier: —.

## Key facts
- **city**: Lagos
- **country**: Nigeria
- **region**: EMEA
- **classARentLocal**: ₦80,000/sqm/mo · ≈ $59.8 PSF/yr USD
- **classARentUsd**: $60/sqft/yr
- **vacancy**: 17.6%
- **typicalLeaseYears**: 2
- **typicalRentFreeMonths**: 4
- **submarkets**: 5
- **primeYieldPct**: 9.6%
- **trophyCount**: 3
- **primeCount**: 2

## FAQ
### How many Class A submarkets are in Lagos?
5, ranging from trophy (Victoria Island (VI)) down to established and emerging clusters.

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Citation: Source: Class A Atlas (https://classa.info/cities/lagos/neighborhoods-overview), updated 2026-04-15T00:00:00.000Z.