Gracefield Island Chevron Drive Lagos

The Arcadian
Residences

440 residences2 & 3-bedroom apartmentsConstruction 2027 – 2029

Overview

Become a co-developer with us.

Building lasting wealth today calls for a collective approach: doing business at a larger scale, with shared risk, shared returns and collective growth. Our investment offerings are backed by high-yield real estate assets, which means controlled risk and capital protection.

The Arcadian Residences is a 440-unit residential development by DreamCity Property & Investment Limited within Gracefield Island, a 200-hectare masterplanned community off Chevron Drive, Lekki. It is developed under a joint venture with the Lagos State Government and held under a verifiable Certificate of Occupancy.

A limited allocation of apartments is open to private investors at about 20% below the official selling price, payable over three monthly instalments. Hold through construction, or resell mid-construction, then realise value through resale at market price or rental income under DreamCity’s management.

  • ≈20%below the official selling price
  • 3equal monthly instalments
  • 25%projected appreciation by completion
  • 8% p.a.projected rental yield

Why choose Gracefield Island?

Entry Below Market

Buy at a negotiated pre-construction price roughly one-fifth below the published selling price for the same unit. The discount is secured at entry, not dependent on future market movement.

Asset-Backed, Clean Title

Each investment slot is a specific apartment, with title issued in your name by Deed of Assignment, on land held under a verifiable C of O within a Lagos State Government joint venture.

Infrastructure-Led Value

The island’s jetty, golf course, underground services, parkland and mixed-use commercial district drive both resale pricing and rental demand, well beyond the surrounding Chevron Drive environs.

A Managed Exit

DreamCity handles estate management, tenant sourcing, rent collection and remittance, maintenance and advertised resale, so you never have to find your own exit or manage a tenancy from a distance.

Our Offerings

The Arcadian Residences apartment blocks, Gracefield Island

Investment offer · Limited allocation

The Arcadian Residences

440 apartments across eleven residential blocks, each rising ground plus eight floors. The unit mix comprises 2-bedroom apartments and 3-bedroom apartments with a sizeable attached boys’ quarters (BQ), built to a contemporary specification chosen for modern living and strong rental and resale performance.

  • Development440 apartments · 11 blocks (G+8)
  • TitleC of O · Deed of Assignment per apartment
  • StructureJoint venture with Lagos State Government
  • Hold periodJan 2027 – Dec 2029

2-Bedroom Apartment

Official price ₦225,000,000

Investor price₦180,000,000

Save ₦45,000,000 · 20% off

3 monthly instalments of ₦60,000,000

Invest now

3-Bedroom Apartment + BQ

Official price ₦320,000,000

Investor price₦256,000,000

Save ₦64,000,000 · 20% off

3 monthly instalments of ₦85,333,334

Invest now
  • Each investment slot is one complete apartment, either a 2-bedroom or a 3-bedroom unit.
  • The purchase price is payable over three (3) equal monthly instalments.
  • Hold or resell through the construction period, then realise value by resale or by letting.
  • Allocation is first-committed and limited; the offer closes once the allocation is exhausted.

Projected Returns

Item2-Bedroom3-Bedroom + BQ
Investor entry price₦180,000,000₦256,000,000
Current official selling price₦225,000,000₦320,000,000
Projected value at completion₦281,250,000₦400,000,000
Projected capital gain₦101,250,000₦144,000,000
Projected total return on cost56.25%56.25%
Projected gross rent at completion₦15,000,000 p.a.₦21,000,000 p.a.

Basis & important information. Projected value applies DreamCity’s projected 25% appreciation to the current official selling price; capital gain and total return are measured against the discounted investor price. Rent is stated gross of management fees, service charge, void periods and tax. All figures are projections that assume delivery on programme (January 2027 – December 2029) and no material change in market conditions. Values, rents and timelines may be higher or lower than projected; real estate is an illiquid asset and returns are in Naira. Full risk factors are set out in the Investment Memorandum.

Amenities

A secure, low-density, upscale island city with spacious plots, genuine seclusion and modern infrastructure, designed to be self-sustaining.

  • Jetty: speedboat to Victoria Island
  • 18-hole golf experience
  • 1km natural park & 1,000+ trees
  • EV charging points
  • Events & recreation grounds
  • Hospitals & medical district
  • Schools & commercial centre
  • Underground cabling & drainage
  • Central water treatment
  • Central waste management
  • 24-hour CCTV surveillance
  • Central security system
  • Fibre tele­communication
  • Dedicated cycling lanes

In every apartment block

  • 24/7 electricityAffordable, comparable with EKEDC rates
  • Low-energy fittingsLower running costs for tenants
  • Central water heatingReduces the block’s energy use
  • Dual lifts per blockAccess maintained during servicing
  • Central cooking gasPiped supply, no cylinders
  • Central sewage systemEstate-wide treatment
  • Central waste collectionProtects common areas and value

Gallery

How to Invest

  1. 1

    Confirm your interest

    Tell our investment team your preferred unit type.

  2. 2

    Sign the memorandum

    Review and execute the Investment Memorandum, including your allocated unit.

  3. 3

    Pay in three instalments

    Pay the first of three monthly instalments to the designated project account.

  4. 4

    Receive your title

    Get your allocation documents, and your Deed of Assignment once payment is complete.

Project timeline

  1. Open nowInvestor subscription, until allocation is exhausted
  2. Within 3 monthsInstalment payments completed
  3. January 2027Construction begins (36-month programme)
  4. December 2029Practical completion & handover
  5. From Q1 2030Resale or letting begins

Your protection & title

  • Your investment is backed by the specific apartment.
  • Title is issued for the apartment in your name.
  • The estate is held under a verifiable Certificate of Occupancy within a Lagos State Government joint venture.

Documents: Investment Memorandum (commercial terms) · Deed of Assignment (conveys title per apartment)

We manage it for you

  • Post-completion management of The Arcadian Residences estate.
  • Tenant sourcing, rent collection and scheduled remittance to you.
  • Maintenance and facilities coordination for your unit and common areas.
  • Resale on your instruction, with DreamCity advertising and promotion.

Secure your allocation

Allocation is limited and offered on a first-committed basis.

Address

Gracefield Island location

The Arcadian Residences

Gracefield Island, off Chevron Drive, Lekki, Lagos

+234 (0) 807 671 6164

Nearby Attractions

  • Elegushi Beach
  • Victoria Island, by speedboat from the island jetty
  • Lekki, via the island’s own highway

contact us

Head Office:

31, Adamu Ciroma Street, Jabi, Abuja

Plot 829, Emmanuel
Aguna Crescent, Jabi

1, Folashade Awe street, Lekki Lagos.

167 Gilliflower Park
Suwannee, GA 30024

+234 (0) 807 671 6840

info@dreamcitygroup.com

Our Locations:

Abuja >

Lagos >

Delta >

© 2025 – DreamCity Property and Investment Limited. All rights reserved.

Subsidiary of DREAMCITY GROUP