Introduction: A New Wave of Urban Luxury
In the last decade, Nigeria’s urban property landscape has transformed dramatically. What used to be a market dominated by basic apartments, bungalows, and duplexes has evolved into a sophisticated arena with premium high-rise towers, smart homes, and fully serviced luxury apartments. Cities like Lagos, Abuja, and Port Harcourt now host developments that can easily rival those in Dubai, Johannesburg, or Miami.
This shift isn’t accidental. It is driven by changing lifestyles, increased earning power among young professionals, an active diaspora market, and a growing appetite for convenience, comfort, and status.
Bashiru Garuba
Changing Lifestyles and the Rise of the Modern Professional
Nigeria’s professional class has evolved. Many urban dwellers now work in industries such as tech, banking, oil and gas, engineering, entertainment, and consulting — fields that command higher incomes and come with strong lifestyle aspirations.