Azuri Towers: Luxury in the Atlantic
Eko Atlantic City has emerged as the fastest growing real estate ecosystem in Lagos with spectacular, awe-inspiring architectural masterpieces springing up in the world-acclaimed growing megacity. Recently, the state governor, Babajide Olusola Sanwo-Olu, spoke excitedly about how Eko Atlantic City has become the toast of many multinational companies and an emerging luxury real estate environment. […]
azuri towers
Eko Atlantic City has emerged as the fastest growing real estate ecosystem in Lagos with spectacular, awe-inspiring architectural masterpieces springing up in the world-acclaimed growing megacity.
Recently, the state governor, Babajide Olusola Sanwo-Olu, spoke excitedly about how Eko Atlantic City has become the toast of many multinational companies and an emerging luxury real estate environment.
It was at the ground breaking of the 40-storey headquarters’ building of First Bank where Sanwo-Olu hailed the bank for taking the bold step of coming to Eko Atlantic, while encouraging other financial institutions to follow suit.
“I want to thank the visionaries who have created a new city that will serve as Africa’s model city — one we will all be proud of,” the governor said.
The US government is investing over $500 million to construct a new consulate in the city while TVC recently opened its state-of-the-art studio there and is already operating from the location.
Similarly, of the current projects in the city’s real estate pipeline, the residential sector currently accounts for the largest share at 61.8 per cent.
Inside Azuri Towers
Azuri Towers by Eko Development is one of the iconic architectural masterpieces adorning the Eko Atlantic City. The Azuri Towers is a luxury residential development which was opened in 2021. It consists of Azuri One, Azuri Office and Azuri Two, which provide a serene and luxurious atmosphere for residential and office apartments.
Its idyllic location in the Marina District of Eko Atlantic City combines the tranquillity of three water bodies with a sophisticated, pedestrian-friendly urban centre. This is to ensure residents enjoy a lifestyle befitting kings and queens and a wealth of amenities in a secure environment.
Marina District has been designed as a privileged place to live, work, play and invest. For the lovers of nature who enjoy the serenity of the ocean and the waves of the sea, Azuri Towers provide such a view for both residential and commercial occupancy.
The Azuri One and Two are both residential apartments while Azuri Office is a 32 floor building with state-of-the-art amenities such as fibre optic data connections and SMATV that take unique advantage of Eko Atlantic’s existing, selectively pre-conceived infrastructure.
Azuri One comprises 42 units of 4-bedroom apartments sitting on a 501 sqm of land with four penthouses each taking 1041 sqm.
Azuri One Tower, standing at 145 meters, will be the tallest residential tower in West Africa and the second tallest building in Nigeria. The tower is facing the Marina directly.
Azuri One apartment starts from the 6th floor and is all smartly controlled. There are four levels of parking. The commercial/retail stores and restaurants are located on the first four floors of the towers.
Azuri Two on the other hand, has a total of 93 apartments comprising 46 units of three-bedroom apartments; 46-unit four four-bedroom apartments.
Azuri Two Tower, the second residential tower, is the smaller one with more apartments. The tower is angled between Azuri One and Azuri Offices. Azuri One has a view of both the Atlantic Ocean and the Eko Atlantic City.
Azuri Two consists of three and four-bedroom apartments with floor sizes of 186 sqm and 228 sqm, respectively. There is also a penthouse with a floor size of 856 sqm on the 29th floor and the apartment starts from the 6th floor.
Azuri Two also has a swimming pool, gym, and squash court, which are also available to the residents of Azuri One. Each of the apartments comes with one service quarter, which is also located outside the main apartments.
The Business Development Manager, Eko Development Company, Mr Adedapo Macaulay, explained that Azuri Tower situated on 13,500 square kilometres of land, was built purposely to fill a gap, which is providing the maximum luxury and comfort that is unimaginable.
“As you come into this building, you are driving 10 meters above sea level. The sheer engineering design that went into putting this city into what it is today is nothing short of magnificent,” he said.
64% sold out
It was learnt that 64 per cent of the apartments have been sold out, with occupancy rate exceeding 30 per cent.
“Azuri Towers is the tallest residential tower in West Africa and the second tallest tower in Nigeria. Our occupancy rate is about 30 per cent and but we have sold 64 per cent of the flats,” Macaulay added.
According to him, the developers are open to all classes of clients, but they must be profiled to ensure they are genuine businessmen and industrialists.
Other ongoing and completed projects in the Eko Atlantic are African Data Centre; Alpha1, AMNI Towers, Anglican Church for All Nations; The Audacity Skyline; Eko Energy Estate; Eko Pearl Towers; Pan Atlantis Tower; Phoenix Tower; and TM High Gardens.