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Real Estate Development Project Manager salary in Nigeria

Average Yearly Salary of Real Estate Development Project Manager in Nigeria is approximately 7,213,876 NGN (8,621 USD). Data is for 2025 and indicates a pre-tax value. The salary itself depends on multiple factors such as seniority, job performance, certifications, experience or any other bonuses. The value indicated is an average amount based on records we have in database. Real values may vary. The data is for orientational purposes.

What does Real Estate Development Project Manager do?

occupation personasA real estate development project manager is responsible for overseeing the planning, design, and construction of real estate projects. They work closely with architects, engineers, contractors, and other professionals to ensure that the project is completed on time, within budget, and according to the client's specifications. The project manager is involved in every stage of the development process, from site selection and feasibility studies to obtaining permits and managing the construction phase. They are responsible for coordinating all aspects of the project, including budgeting, scheduling, and quality control. Additionally, they may be involved in marketing and leasing activities for the completed project. This role requires strong organizational and communication skills, as well as a deep understanding of real estate development processes.

Skills: Real Estate, Development, Project Manager, Construction, Planning, Budgeting
Job industry: Real estate


How much does Real Estate Development Project Manager make?

Salary details
How much does Real Estate Development Project Manager make?
Estimated Yearly Salary: 7,213,876 NGN
Estimated Monthly Salary: 601,156 NGN
Estimated Weekly Salary: 138,728 NGN per week
Estimated Hourly Salary: 3,468 NGN per hour
Values are pre-tax
Last revision of data: 2025-01-04

Comparing salary to last year:
Estimated Yearly Salary: 6,978,928 NGN
Estimated Monthly Salary: 581,577 NGN
Estimated Weekly Salary: 134,210 NGN per week
Estimated Hourly Salary: 3,355 NGN per hour
Last revision of data: 2024-01-07



Real Estate Development Project Manager estimated salary in USD
For easier comparison here is an estimated salary in USD:
Estimated Yearly Salary: 8,621 USD
Estimated Monthly Salary: 718 USD
Estimated Weekly Salary: 166 USD per week
Estimated Hourly Salary: 4 USD per hour


Difference in salary year over year or average salary increase is approximately up arrow 3 %

About these results Data confidence is - relatively high
Data fetched from dabase: 14 submissions.
Results are anonymized. Amounts indicated are pre-tax, meaning no deductionts yet have been made to the basic salary. Salaries where there are less than 3 entries are not displayed.

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Salary comparison to National average

Nigeria is a country located in West Africa. It is the most populous country on the African continent, with a population of over 200 million people. The country covers an area of about 923,768 square kilometers, making it the 32nd largest country in the world. Nigeria shares borders with Niger, Chad, Cameroon, and Benin.

Estimated national average yearly salary is 3,943,871 NGN (5,140 USD). Value indicated is pre-tax. Below graph shows estimated Real Estate Development Project Manager job salary compared to average salary in Nigeria.
Comparison shows that a person working as Real Estate Development Project Manager in Nigeria earns on average:
1.83 times the average salary (or 183% of average salary).

Is Real Estate Development Project Manager a well paid job?

Yes, our data shows that Real Estate Development Project Manager is a well paid job. With years and experience the salary might increase even further, resulting in higher satisfaction.

What is considered a high salary for Real Estate Development Project Manager?

High salary for Real Estate Development Project Manager would be somewhere between 7,935,264 NGN and 10,460,120 NGN. However this is an estimation based on Gaussian Distribution.

How much can you save working as Real Estate Development Project Manager in Nigeria?

Living in Nigeria the approximate monthly expenses are: 206 USD. This amount covers basic needs such as food, housing, clothing, healthcare and education costs for a single person. No luxury expenses such as traveling, leisure, hobbies are included in the estimation.

Estimated Yearly Salary: 7,213,876 NGN
Estimated Monthly Salary: 601,156 NGN
Estimated Weekly Salary: 138,728 NGN per week
Estimated Hourly Salary: 3,468 NGN per hour
By working as Real Estate Development Project Manager a person can save up to 513 USD per month or 6,154 USD yearly. Values are pre-tax.

NOTE: These values are estimates and are averaged for the whole country. Furthermore the value is likely exaggerated as no other expenses are taken into account in the projection. Unessential expenses are very subjective and are difficult to assess. Most likely the previously estimated number is significantly lower for majority of people. Expenses in different cities across the country may vary. Above values accuracy is low and is based on limited set of data obtained.

For more information regarding expenses in Nigeria, see costs of living in Nigeria.

Salary comparison to region and neighbouring coutries

Country's neighbours are: Niger, Chad, Cameroon, Benin.
To make it easier for comparison a conversion from local currency to USD has been made (conversion rates may vary).

Estimated Yearly Salary for Real Estate Development Project Manager

Last revision of data: 2025-01-04

Salary increase per years of experience

Based on data available the salary increase per years of experience is as following

    0 years (beginner) equals base salary
    1 to 5 years of experience yields up arrow+12% salary increase
    6 to 10 years of experience yields up arrow+25% salary increase
    11 to 15 years of experience yields up arrow+16% salary increase
    16 to 25 years of experience yields up arrow+9% salary increase
    more than 25 years of experience yields up arrow+10% salary increase
NOTE: Details based on limited set of data. Percentages may vary. The salary increase over years of experience can vary widely based on factors such as job industry, job role, location, company size, and individual performance. To gain even larger increase in salary one is advised to switch jobs and / or employer.

Top 10 highest salaries in Nigeria

(44,763,887 NGN per year, pre-tax.)
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(34,169,925 NGN per year, pre-tax.)
(34,162,253 NGN per year, pre-tax.)
(34,132,586 NGN per year, pre-tax.)
(34,129,168 NGN per year, pre-tax.)

Data as of 2025

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