Comedian and content creator Egungun has set social media abuzz after sharing his first-hand impressions of Davido's ongoing construction project at Eko Atlantic City, Lagos. In a caption that quickly caught the attention of fans, Egungun described the scale of what he encountered after the music star personally showed him around the site.
Egungun's Reaction to Davido's Mansion
"Baba Imade just showed me his $15 million mansion… ??? Omoooo!! JESUS!!! ?? Haaaaa! Kilode?! This one no be house again, na kingdom! ?? @davido, you truly know who you be! ??❤️" he wrote. The comedian's exclamation underscores the sheer magnitude of the project, which has become a talking point among fans and industry observers alike.
Davido, whose full name is David Adeleke, had previously revealed during a visit to the project site that he bought the land back in January 2024, spending roughly N4 billion on the plot alone. Since then, the estimated value of the property has climbed to approximately N8 billion, meaning the asset has effectively doubled in worth even before construction is complete.
Four-Storey Family Home Design
Davido described the planned home as a four-storey building designed with his entire family in mind. Each floor will be dedicated to a different household member, with separate spaces allocated to himself, his wife Chioma Rowland, and their children. The idea, he noted, is to ensure every family member enjoys personal space while the household remains under one roof.
The development sits within Eko Atlantic City, a high-end waterfront district that has become one of the most sought-after addresses in Lagos. The area is known for attracting wealthy individuals, top executives and major investors, making it a fitting location for a home of this scale.
Impact on Lagos Luxury Real Estate
With construction actively underway, the mansion is set to become one of the most talked-about luxury residences in the emerging coastal city once completed. Real estate experts suggest that Davido's investment reflects a broader trend of celebrities and high-net-worth individuals gravitating toward Eko Atlantic, driving up property values in the area.
According to property analysts, the doubling of the land's value in under two years highlights the rapid appreciation of waterfront properties in Lagos, which are increasingly seen as prime investment opportunities. This development also underscores the growing economic significance of Eko Atlantic as a hub for luxury living and business.
Davido's Bond with His PA, Lati
Earlier, Legit.ng reported that Davido opened up about the deep bond he shares with his longtime personal assistant, Lateef Abiola, popularly known as Lati. The Afrobeats star revealed that Lati, once a staff member under his late mother, Veronica Adeleke, became a pivotal figure in his journey, sneaking him out at night to recording studios when his father was asleep.
Those secret studio trips laid the foundation for Davido's career, with Lati later becoming his trusted aide, A&R executive, and even serving as best man at his 2024 wedding to Chioma, a woman he introduced to Davido during their university days. The revelation adds a personal touch to Davido's public persona, showing the importance of loyalty and long-standing relationships in his life.
