Afrobeats superstar Davido has revealed the staggering scale and projected value of his ongoing luxury home project at Eko Atlantic City, Lagos, saying the property could be worth about ₦20 billion when completed.
Speaking about the project, the singer disclosed that the mansion is being built with extensive luxury features, including 15 bedrooms, two music studios and a 20-car garage.
Davido also revealed that the property will rise several floors above its current structure, describing the building as one of his biggest personal investments.
He credited his brother-in-law, Yomi, with inspiring the project and overseeing much of the construction.
“My brother-in-law, Yomi, my sister’s husband. He’s the one that’s actually building everything. He gave me the inspiration,” Davido said.
The singer explained that his journey to acquiring the property began with a plot of land he purchased in Banana Island for just over ₦1 billion.
According to him, he later sold the Banana Island property for about ₦2 billion after learning about the Eko Atlantic development and subsequently acquired his current land for more than ₦2 billion.
Davido claimed that the value of the land has since risen significantly, estimating that it is now worth around ₦7 billion.
He expects the structure to be completed within the next year, saying the building should be substantially up by December and that he hopes to move in by the same period next year.
With its massive scale, private entertainment facilities and premium Lagos location, Davido’s latest property project is shaping up to be another major addition to his already extravagant lifestyle.
Discover more from Keeping Them Honest
Subscribe to get the latest posts sent to your email.