The most expensive neighborhoods and Properties in FCT, Abuja
Abuja, the Federal Capital Territory (FCT), is known for its high property prices and luxurious living as Nigeria’s capital. If you belong to the high-income bracket and are looking for a place to secure a residence, check out the list below:
1. Maitama
Maitama is a notable neighborhood in Abuja featuring large, luxurious homes & properties, good security, and excellent amenities. It is home to the renowned Transcorp Hilton Hotel and the Millenium Park. It possesses expensive properties, fancy hotels, restaurants, and shopping centers.
Maitama is also home to many diplomats, politicians, and wealthy individuals, making it a secure place to reside. A 4-bedroom detached house in Maitama can cost anywhere from ₦200 million to ₦1 billion.
2. Asokoro
Secondly, Asokoro is home to the presidential villa and many other government buildings and properties, making it one of the most secure neighborhoods in Abuja. It is also home to several international embassies and high-end hotels. Asokoro is known for its large, luxurious homes and its upscale amenities, such as golf courses, shopping malls, and private schools. A 3-bedroom detached house in Asokoro can cost anywhere from ₦100 million to ₦500 million.
3. Katampe Extension
Katampe Extension is a recently developed neighborhood in Abuja that is quickly becoming popular with the wealthy. It is home to several high-end estates with their security. Katampe Extension is also close to the Nnamdi Azikiwe International Airport and is situated along the Kubwa expressway, making it a convenient place to live for those who travel frequently. However, A 5-bedroom duplex in Katampe Extension can cost anywhere from ₦100 million to ₦200 million.
4. Wuse II
Wuse II is a commercial district in Abuja that is home to several high-rise office buildings, hotels, restaurants, and shopping malls. It is also home to several high-end residential apartments. It is a convenient place to live if you work in the city center or Abuja peripherals like Mabushi or Kubwa. Many apartments in Wuse II are also listed on Airbnb; making it a base for many foreign visitors.
A 3-bedroom apartment in Wuse II can cost anywhere from ₦50 million to ₦100 million.
5. Garki
Garki is a neighborhood in Abuja that is known for its high-end housing. The prices of houses in Garki are generally higher than the prices of houses in other neighborhoods in Abuja, such as Gwarimpa and Utako. However, there are still some affordable houses in Garki, especially in the older neighborhoods. A 3-bedroom apartment in Garki can cost anywhere from ₦30 million to ₦55 million.
Apo is a neighborhood in Abuja that is known for its high-end housing. The prices of houses in Apo are generally higher than the prices of houses in other neighborhoods in Abuja, such as Gwarimpa and Utako. However, there are still some affordable houses in Apo, especially in the older neighborhoods. A 3-bedroom apartment in Apo can cost anywhere from ₦25 million to ₦50 million.
7. Gwarinpa
Gwarinpa is a large, planned residential community in Abuja. It is home to a wide range of people, from middle-class families to wealthy individuals. Gwarimpa is known for its wide streets, green spaces, and affordable housing. Also, The prices of houses in Gwarimpa are generally lower than the prices of houses in other expensive neighborhoods in Abuja, such as Asokoro and Maitama. However, there are still some very expensive houses in Gwarimpa, especially in the newly developed, gated communities.  A 4-bedroom townhouse in Gwarimpa can cost anywhere from ₦30 million to ₦50 million.
8. Jabi
In addition, Jabi is a centrally located neighborhood in Abuja that is home to several government offices, embassies, and businesses. It is also home to several upscale hotels and restaurants. The town is also famous for having Jabi Lake, a spot popular among young people or outdoor lovers. Jabi is a convenient place to live if you work in the city center. A 3-bedroom apartment in Jabi can cost anywhere from ₦20 million to ₦50 million.
9. Life Camp
Life Camp is a new neighborhood in Abuja that is quickly becoming popular with the wealthy. It is home to several gated estates with their security. Life Camp is also close to the Nnamdi Azikiwe International Airport, making it a convenient place to live for those who travel frequently. A 5-bedroom duplex in Life Camp can cost anywhere from ₦50 million to ₦100 million.
10. Utako
Utako is a residential neighborhood in Abuja and has a mix of people from different income levels, ranging from middle to high-income levels. It is also known for its affordable housing and its proximity to the University of Abuja and many companies. Utako is a convenient place to live if you are looking for a more affordable option in Abuja. A 4-bedroom townhouse in Utako can cost anywhere from ₦15 million to ₦30 million.
The factors that affect the price of a house include:
The size of the house, the location of the house, the amenities of the house, the condition of the house, the proximity of the house to the Central Business District Area, and the demand for houses in the area.
Also, If considering buying a house in any of these neighborhoods, it is important to do your research and compare prices. Also, consult with a verified and registered real estate agent to get an accurate estimate of the value of properties.