Firm delivers second phase of $90 million apartments in Alaro City

Messrs Alaro City, in partnership with Universal Homes, has delivered an additional 48 units of apartments to their owners in the second phase of the Universal Homes project.

This handover underscores Alaro City’s commitment to deliver the 576-unit apartment building valued at $90 million. Located off the eight-lane Main Boulevard in Alaro City, Universal One boasts of three-acre park, a recreational complex, a swimming pool, a football pitch, a gym, and many more amenities.

Universal One brings in cutting-edge technology in construction with the formwork advanced technology that allows an entire floor to be completed within seven days. This technology is mostly used in mostly Middle East and Asia and has seen Universal Homes finish an entire block of 16 units in 30 days.

“The completion and handover of this second phase of Universal One is a testament to our continued commitment to quality and innovation,” said the Managing Director, Yomi Ademola of Alaro City. “We are thrilled to welcome more residents to Alaro City, a place where modern conveniences meet sustainability in a thriving community.”

Chairman, West Africa for Rendeavour and Managing Director at Alaro City, Mr Yomi Ademola, said: “We celebrate not just individual achievements, but a collective vision brought to life. Universal One at Alaro City is one of the largest residential developments in the Lekki Free Zone.

This milestone highlights the growing confidence in Nigeria’s real estate sector and in Alaro City Free Zone, with both local and international (including diaspora) investors recognising the opportunities Alaro City offers—a vibrant community, unmatched infrastructure, and proven investment returns. Together, we are redefining urban living and positioning Alaro City as the gold standard for residential, mixed-use and industrial development in the region.”

Executive Director, Universal Homes FZE, Roberto Artuso, said: “Our decision to establish Universal One within Alaro City was driven by its immense potential as a growth-oriented urban centre.

With this milestone, Universal One sets the benchmark for future developments, showcasing how thoughtfully designed; modern housing can create vibrant communities in an evolving urban landscape.”

Alaro City hosts the largest residential development in the Lekki Free Zone. With a mix of residential, commercial, and recreational spaces, Alaro City is fast becoming a beacon of sustainable urban living and economic growth in Nigeria.