Overview
- Updated On:
- September 5, 2026
- 3 Bedrooms
- 5 Bathrooms
- 2 Garage
- Year Built:Ongoing
Description
16 Alexander Tower Ikoyi is a luxury residential development located on Alexander Road, Ikoyi, Lagos — one of the city’s most prestigious and secure addresses. Configured across two towers (Tower A and Tower B), 16 Alexander Tower Ikoyi offers a refined selection of 2-bedroom apartments, 3-bedroom apartments and expansive 4-bedroom maisonette/duplex units with BQ. With delivery scheduled for Q4 2027 and a flexible payment plan starting from a 45% initial deposit, 16 Alexander Tower Ikoyi is designed for discerning buyers and investors seeking premium Ikoyi living. This is an exceptional opportunity to own a luxury apartment on Alexander Road within Lagos’ elite Ikoyi corridor.
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Key Facts.
| Detail | Information |
|---|---|
| Project Name | 16 Alexander Tower |
| Location | Alexander Avenue, Ikoyi, Lagos |
| Property Type | Luxury residential apartments and maisonettes |
| Configuration | Tower A and Tower B |
| Unit Types | 2-Bedroom Apartment, 3-Bedroom Apartment, 4-Bedroom Maisonette/Duplex + BQ |
| Completion Status | Under development — delivery Q4 2027 |
| Payment Plan | 45% initial deposit; 55% balance over 3 installments in 10 months |
| Price Range | From $950,649 |
16 Alexander Tower Ikoyi stands among the most compelling luxury apartments on Alexander Road, pairing premium design with a flexible payment structure in the heart of Ikoyi.
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Pricing, Unit Types (as provided by the developer, September 2026).
The table below outlines the available residences and starting prices at 16 Alexander Tower Ikoyi
| Apartment Type | Floor | Starting From |
|---|---|---|
| 2-Bedroom Apartment | Floor 5 | $950,649 |
| 3-Bedroom Apartment | Floor 5 | $1,058,826 |
| 4-Bedroom Maisonette/Duplex + BQ | Floor 19 | $1,806,233 |
Notes:
- Prices are estimates in US Dollars ($). Payment can also be made in Naira using the AbokiFX exchange rate for the day.
- Payment plan: 45% initial deposit, while the 55% balance is spread across 3 staggered installments over 10 months
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Location Advantages.
Set on Alexander Road, 16 Alexander Tower Ikoyi occupies one of Lagos’ most exclusive and secure residential corridors, placing residents within Old Ikoyi’s prestigious, tree-lined enclave.
Near other developments like 54 Glover, The Sirius, Atari Residences, Zurii Residences, and Santo Domingo Residence Ikoyi, among others
Nearby Landmarks
- Positioned within the elite Alexander Road / Old Ikoyi neighbourhood.
- Close to the Bourdillon corridor, Ikoyi Club 1938 and Lagos Polo Club.
- Convenient access to Banana Island, fine dining, schools and entertainment hubs.
Accessibility
- Central Ikoyi location with easy links to Victoria Island and Lagos Island.
- Well-connected to the wider metropolitan business districts.
Lifestyle Benefits
- A secure, serene and prestigious residential setting.
- Walkable access to premium lifestyle destinations across Ikoyi.
- Strong long-term value appreciation potential — a defining advantage of a luxury apartment on Alexander Road.
With its prime Alexander Road position, 16 Alexander Tower Ikoyi combines an elite Ikoyi location with premium living — a strong foundation for both homeowners and investors.
Amenities.
16 Alexander Tower Ikoyi is designed for premium, secure and connected living across Tower A and Tower B.
Living Experience
- A curated selection of 2-bedroom, 3-bedroom and 4-bedroom maisonette/duplex residences.
- Multi-level maisonette/duplex layouts with attached BQ on Floor 19.
Access & Convenience
- Dual-tower configuration (Tower A and Tower B) on Alexander Road.
- Central Ikoyi position for effortless connectivity.
Location-Led Lifestyle
- Immediate proximity to Ikoyi’s premier dining, leisure and lifestyle destinations — a defining feature of luxury apartments on Alexander Road.
Project Team & Contractors.
| Role | Company / Name |
|---|---|
| Main Contractor | Cappa & D’Alberto Plc |
| Architect | Baron Architecture |
| MEP Contractor | Lambert |
| Piling Contractor | Trevi Foundations |
Frequently Asked Questions — 16 Alexander Tower Ikoyi
Q1: Where is 16 Alexander Tower located?
A1: 16 Alexander Tower Ikoyi is located on Alexander Road, Old Ikoyi, Lagos, Nigeria — central to Old Ikoyi, Lagos Island, Victoria Island, and Lekki.
Q2: What unit types are available at 16 Alexander Tower?
A2: Three residence types: 2-bedroom apartments and 3-bedroom apartments from Floor 5, and 4-bedroom maisonette/duplex + BQ residences on Floor 19.
Q3: How much do apartments at 16 Alexander Tower Ikoyi cost?
A3: As at September 2026, prices start from $950,649 for a 2-bedroom apartment, $1,058,826 for a 3-bedroom apartment, and $1,806,233 for the 4-bedroom maisonette/duplex + BQ.
Q4: What is the payment plan for 16 Alexander Tower?
A4: A 45% initial deposit, with the 55% balance spread across 3 staggered installments over 10 months — 20%, 20%, and a final 15%.
Q5: Can I pay in naira instead of dollars?
A5: Yes. Prices are estimates in US Dollars, and payment can also be made in Naira using the AbokiFX exchange rate for the day.
Q6: When will 16 Alexander Tower be completed?
A6: Delivery is scheduled for Q4 2027. Contact the sales team for the latest construction progress update.
Q7: What is on Floor 19 of 16 Alexander Tower?
A7: Floor 19 hosts the 4-bedroom maisonette/duplex + BQ residences — the crown units of the development, priced from $1,806,233.
Q8: Who is building 16 Alexander Tower?
A8: The project team includes Cappa & D’Alberto Plc as main contractor and Baron Architecture as architect [confirm], supported by specialist piling and MEP contractors — among Nigeria’s most established construction names.
Q9: What is the deposit for a 2-bedroom apartment?
A9: The 45% initial deposit on a 2-bedroom apartment is $427,792.05, followed by two 20% installments of $190,129.80 each and a final 15% installment of $142,597.35.
Q10: Why are prices at 16 Alexander Tower in US dollars?
A10: Dollar-denominated pricing protects buyers against naira volatility — a core advantage for diaspora investors seeking hard-currency assets in Old Ikoyi, with naira payment still accepted at the daily AbokiFX rate.
Q11: Is Old Ikoyi a good investment location?
A11: Yes. Old Ikoyi has a fixed land supply, Lagos’ most prestigious addresses, and deep expatriate rental demand — supporting hard-currency yields and long-term capital appreciation.
Q12: Is the 2-bedroom apartment good for rental investment?
A12: Yes. A dollar-priced 2-bedroom on Alexander Road targets Old Ikoyi’s corporate and expatriate tenancy market — one of the strongest rental segments in Lagos.
Q13: Can diaspora buyers purchase at 16 Alexander Tower remotely?
A13: Yes. Diaspora buyers can complete purchases remotely, including virtual tours and documentation support, with payment in USD or naira. Contact the sales team via WhatsApp to begin.
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Q14: How do I book a site tour of 16 Alexander Tower Ikoyi?
A14: Book a site tour by phone, WhatsApp, or the booking form on this page. Physical site tours and virtual viewings are available ahead of Q4 2027 delivery.
- Principal and Interest
- Property Tax
- HOA fee
- Private Mortgage Insurance
