Nigeria Property Centre

Property for Rent in Banana Island, Ikoyi, Lagos

There are 1,266 flats, houses, land and commercial properties for rent in Banana Island as of 7 Sep 2026, with an average price of ₦55M. Every listing is posted by an estate agent or developer you can contact directly — filter by price, type, furnishing and recency to find the right home.

Premium Plus Top promoted listing
3 Bedrooms Waterfront Apartments with BQ
25 photos
₦50,000,000 /yr

Flat / apartment for rent

3 Bedrooms Waterfront Apartments with BQ

Come experience our new 5Star apartment, boasting a spectacular waterfront view, furnished with the most exceptional & impressive interiors, located in the heart of Banana Island, A neighborhood that exudes opulence & grandeur off the foreshore of Ikoyi, Lagos, Rated by Forbes as one of the most expensive & exclusive residences in Africa, They say, "A picture is worth a thousand word" Wonder if these tell a story as we turn a new chapter in the business of luxury, You be the judge. 1year Rent - 50m Service Charge - 5m Agency - 10% Legal - 10% Caution - 5% Note: for clients who are looking to get long leases, this apartment can go as low as 45m annually.

Banana Island, Ikoyi, Lagos
3 Beds 3 Baths 4 Toilets 2 Parking

Colmond Enterprise LTD

Premium Renovated 3-Bedroom Apartment — Banana Island, Ikoyi, Lagos
Premium
16
₦45,000,000 /yr

Flat / apartment for rent

Premium Renovated 3-Bedroom Apartment

Fema05--for rent renovated 3-bedroom apartment banana island Location: Banana Island Estate, Ikoyi, Lagos Floor: Ground Floor Renovated 3-bedroom apartment in a well-maintained residential development, offering excellent recreational facilities, ample parking and a serene environment. Rent: ₦45M per annum Service Charge/Utility Deposit: ₦3,855,519 per quarter (reconciled monthly) Caution Deposit: ₦1.5M Agency Fee: 10% Legal Fee: 10% Features: - Basketball court - Swimming pool - Gym - Children's play area - Ample parking space - Serene residential environment Infinique Properties: 07084976122 08064653585 [email protected]

Banana Island, Ikoyi, Lagos Added today
3 beds 3 baths 4 toilets 2 Parking
Infinique Properties Limited
Luxury & Spacious 3 Bedrooms Apartment — Banana Island, Ikoyi, Lagos
Premium
25
₦60,000,000 /yr

Flat / apartment for rent

Luxury & Spacious 3 Bedrooms Apartment

1 Year - 3 Bedroom flat - Rent - N60,000,000 - ⁠SC deposit - N7,000,000 - ⁠Diesel Deposit - N1,000,000 - ⁠Agency - N6,000,000 - ⁠Legal - N3,000,000 Location: Banana Island total - N77,000,000 For Viewing/Inspection Contact Patriotic Homes & Property Ltd

Banana Island, Ikoyi, Lagos
3 beds 3 baths 4 toilets
Patriotic Homes & Property LTD
Luxury 3 Bedroom Flat with a Room BQ — Banana Island, Ikoyi, Lagos
Premium
11
₦80,000,000 /yr

Flat / apartment for rent

Luxury 3 Bedroom Flat with a Room BQ

To let, to let in bellavista banana island 2nos. waterfront 3-Bedroom luxury flats with panoramic view of the lagoon and compliment of recreational facilities *Rent: 1st floor N80M S/c: to be determined Agency: 10% Legal: 10% Caution: 10%

Banana Island, Ikoyi, Lagos
3 beds 3 baths 4 toilets
Patriotic Homes & Property LTD
5 Bedroom Detached Duplex with 1 Room Service Quarters — Banana Island, Ikoyi, Lagos
Premium
15
₦170,000,000 /yr

Detached duplex for rent

5 Bedroom Detached Duplex with 1 Room Service Quarters

For lease Property Description: 5 Bedroom Detached House with 1 Room Service Quarters Features: - Gym House - Swimming Pool - Security Gatehouse Location: Banana Island, Ikoyi, Lagos Rent: ₦170M per annum Contact Patrioric Homes & Property Ltd to schedule an inspection/Viewing #ubos -#PatrioticHomes #Annabel

Banana Island, Ikoyi, Lagos
5 beds 5 baths 6 toilets
Patriotic Homes & Property LTD
5 Units of 4 Bedroom Terraced Houses with BQ Each — Banana Island, Ikoyi, Lagos
Premium
10
₦50,000,000 /yr

Terraced duplex for rent

5 Units of 4 Bedroom Terraced Houses with BQ Each

For lease (Banana Island, Ikoyi) 5 units of 4-bedroom terrace houses with 1 room service quarter each Corporate tenant to take all unit or Individual corporate tenant to take it per unit Location: Banana Island Rent: ₦50,000,000 per unit/annum Term: 2-year lease Service Charge: 4m Rcd 5%

Banana Island, Ikoyi, Lagos
4 beds 4 baths 5 toilets
Patriotic Homes & Property LTD
1 Bedroom Furnished Mini Flat — 2nd Avenue Banana Island, Banana Island, Ikoyi, Lagos
Premium
13
₦18,000,000 /yr

Mini flat (room and parlour) for rent

1 Bedroom Furnished Mini Flat

Fully Furnished & Serviced Luxury 1Bedroom (Room & Parlor) in an Access Estate For Rent. Location: Banana Island Estate Ikoyi Lagos. Rent: N18M Per annum - Service Charges - Power is Pay As You Go (24hrs) Agency 10% Legal 10% Caution Deposit: 10% Features: - Gated & Access Control Estate - Fully furnished - 24/7 power - Smart Tv - Aesthetic pop ceilings - Water heater - Kitchen Heat Extractor - Clean Treated water - Spacious living room - Top quality tiles - Ample parking spaces - Good access roads - Flood free Fola

2nd Avenue Banana Island, Banana Island, Ikoyi, Lagos Added today
1 bed 1 bath 2 toilets
Unique Multi Concepts Limited
1 Bedroom Furnished Mini Flat — Banana Island, Ikoyi, Lagos
Premium
12
₦18,000,000 /yr

Mini flat (room and parlour) for rent

1 Bedroom Furnished Mini Flat

Fully Furnished & Serviced Luxury 1Bedroom (Room & Parlor) in an Access Estate For Rent. Comes Only with Your Clothes. Location: Banana Island Estate Ikoyi Lagos. Rent: N18M Per annum - Inclusive Service Charges - Power is Pay As You Go (24hrs) Agency 10% Legal 10% Caution Deposit: 10% Features: - Gated & Access Control Estate - Fully furnished - 24/7 power - Smart Tv - Aesthetic pop ceilings - Water heater - Kitchen Heat Extractor - Clean Treated water - Spacious living room - Top quality tiles - Ample parking spaces - Good access roads - flood free Yun

Banana Island, Ikoyi, Lagos Added today
1 bed 1 bath 2 toilets
Goldencrown Real Estate and Interior Decor
Fully Furnished 3 Bedroom Apartment on Second Floor with Swimming Pool — Banana Island, Ikoyi, Lagos
Premium
13
₦45,000,000 /yr

Flat / apartment for rent

Fully Furnished 3 Bedroom Apartment on Second Floor with Swimming Pool

Direct Brief: A Fully furnished 3 bedroom apartment on 2nd Floor @ Banana Island, Ikoyi, Lagos. Facilities: Swimming pool elevator design parking space 24/7 power supply wi-fi DStv, prime video and netflix house keeping chef on demand roof BT speaker Rent: 45M Service Charge: 3M Agency: 10% of Rent Legal: 10% of Rent Caution: 10%

Banana Island, Ikoyi, Lagos
3 beds 3 baths 4 toilets 3 Parking
Absaat Property Service Limited
A Fully Furnished 3 Bedroom Apartment on 4th Floor with Swimming Pool — Banana Island, Ikoyi, Lagos
Premium
13
₦50,000,000 /yr

Flat / apartment for rent

A Fully Furnished 3 Bedroom Apartment on 4th Floor with Swimming Pool

Direct Banana Island Lease 1. a Fully furnished 3-Bedroom apartment on 4th Floor with swimming pool, Gym, Elevator, House-keepers, Chef on-demand, 24hours power, 2Car Park +1Visitor Car park, and other modern amenities @ Banana island Rent: ₦50M per annum Service Charge: ₦5M Agency: 10% Legal: 10% Caution Deposit: 5% Note: Can be rented out unfurnished

Banana Island, Ikoyi, Lagos
3 beds 3 baths 4 toilets 3 Parking
Absaat Property Service Limited
Fully Detached 5 Bedroom House Plus 2 Separate Rooms Service Quarters — Off Abia Street, Banana Island, Ikoyi, Lagos
Premium
6
₦125,000,000 /yr

Detached duplex for rent

Fully Detached 5 Bedroom House Plus 2 Separate Rooms Service Quarters

Direct Brief for Lease Fully detached 5 bedroom house plus 2 separate rooms service quarters with security house and ample parking space. Location: Off Abia Street, Banana Island, Ikoyi Rental price: 125 million per annum Note: Currently undergoing renovations. External pictures available on request.

Off Abia Street, Banana Island, Ikoyi, Lagos
5 beds 5 baths 6 toilets 8 Parking
Absaat Property Service Limited
Spacious 4 Bedroom Terrace Duplex with a BQ — Banana Island, Ikoyi, Lagos
Premium
9
₦60,000,000 /yr

Terraced duplex for rent

Spacious 4 Bedroom Terrace Duplex with a BQ

Rent - N60m Service charge - N5.5m Caution - N3m The landlord is letting "As it is"

Banana Island, Ikoyi, Lagos Added yesterday
4 beds 4 baths 5 toilets 2 Parking
Orbit Real Estate
Spacious 4 Bedroom Terrace Duplex with a BQ Available — Banana Island, Ikoyi, Lagos
Premium
19
₦60,000,000 /yr

Terraced duplex for rent

Spacious 4 Bedroom Terrace Duplex with a BQ Available

Rent is 60m Service charge is 5.5m per annum (diesel inclusive) Caution deposit 3m Agency 10% Legal 10%

Banana Island, Ikoyi, Lagos Added yesterday
4 beds 4 baths 5 toilets 3 Parking
Orbit Real Estate
1 Bedroom Furnished Mini Flat — Banana Island Estate, Banana Island, Ikoyi, Lagos
Premium
12
₦18,000,000 /yr

Mini flat (room and parlour) for rent

1 Bedroom Furnished Mini Flat

Fully Furnished & Serviced Luxury 1Bedroom (Room & Parlor) in an Access Estate For Rent. Comes Only with Your Clothes. Location: Banana Island Estate Ikoyi Lagos. Rent: N18M Per annum - Inclusive Service Charges - Power is Pay As You Go (24hrs) Agency 10% Legal 10% Caution Deposit: 10% Features: - Gated & Access Control Estate - Fully furnished - 24/7 power - Smart Tv - Aesthetic pop ceilings - Water heater - Kitchen Heat Extractor - Clean Treated water - Spacious living room - Top quality tiles - Ample parking spaces - Good access roads - Flood free For more information call Whatsapp Nnen

Banana Island Estate, Banana Island, Ikoyi, Lagos Added yesterday
1 bed 1 bath 2 toilets 1 Parking
Wale Oguntayo & Co
Luxury 3 Bedroom Apartment with BQ, Pool, Gym — Banana Island Estate, Banana Island, Ikoyi, Lagos
Premium
8
₦35,000,000 /yr

Flat / apartment for rent

Luxury 3 Bedroom Apartment with BQ, Pool, Gym

Direct clients preferable Luxury 3 Bedroom apartment with bq, swimming pool, gym etc in Banana Island Estate Ikoyi Rent: N35M per annum In your best interest deal with highly trusted luxury real estate professionals at no extra cost. Call Prince Ademola Osinuga International now to pay and move in immediately

Banana Island Estate, Banana Island, Ikoyi, Lagos Added yesterday
3 beds 3 baths 4 toilets 2 Parking
Prince Ademola Osinuga International
Premium
₦40,000,000 /yr

Flat / apartment for rent

Newly Built 2 Bedroom Waterfront Flat on Ground Floor

2 bedroom waterfront (ground floor) in Banana island video available For Rent 40M X 2 years Agency: 8m Legal: 8m Caution 8m Service charge: 6m

Banana Island, Ikoyi, Lagos
2 beds 3 toilets
First Class Realties
5 Bedroom House — Banana Island, Ikoyi, Lagos
Premium
17
₦45,000,000 /yr

Detached duplex for rent

5 Bedroom House

Semi Direct Listing For rent banana island Self-Serviced 5 Bedroom Duplex in Banana Island with swimming pool and greenery Rent: 45 million Agency: 10% Legal: 10% Caution: 5% @bara$$

Banana Island, Ikoyi, Lagos Added yesterday
5 beds 5 baths 6 toilets
Phoenix Rising Property Development and Services LTD
Lovely 5 Bedroom Detached House with Boys Quarters — Banana Island, Ikoyi, Lagos
Premium
13
₦130,000,000 /yr

Detached duplex for rent

Lovely 5 Bedroom Detached House with Boys Quarters

5 Bedroom Detached House with 1 Room Service Quarters Features: - Gym House - Swimming Pool - Security Gatehouse Location: Banana Island, Ikoyi, Lagos by Pt Rent: ₦130M per annum

Banana Island, Ikoyi, Lagos Added yesterday
5 beds 5 baths 5 toilets
Marycrown Properties
Newly Renovated 4 Bedroom Terraced with BQ, Swimming Pool and Gym — 2nd Avenue, Banana Island, Ikoyi, Lagos
Premium
25
₦60,000,000 /yr

Terraced duplex for rent

Newly Renovated 4 Bedroom Terraced with BQ, Swimming Pool and Gym

Lease in Banana Description: Newly renovated 4 bedroom terrace with a room bq, swimming pool and gym. I Rent: N60m per annum net Service charge: N3m Diesel deposit N2.5m Caution Deposits: N3m Agency: 10% Legal: 10% Neyo

2nd Avenue, Banana Island, Ikoyi, Lagos
4 beds 4 baths 5 toilets
Unique Multi Concepts Limited
Fully Serviced Spacious 4 Bedroom Apartments — 2nd Avenue, Banana Island, Ikoyi, Lagos
Premium
8
₦60,000,000 /yr

Flat / apartment for rent

Fully Serviced Spacious 4 Bedroom Apartments

For lease 4-Bedroom Apartments Banana Island, ikoyi Location: Banana Island, Ikoyi Rent: ₦60,000,000 per annum Premium 4-bedroom apartments available for lease in the prestigious Metave Apartments, located within the highly secure Banana Island Estate. Property Features: Spacious 4-bedroom apartments All bedrooms en-suite Boys' Quarters (BQ) Located across three floors in a two-wing development Swimming pool Elevator (Lift) Standby generator Water treatment plant Ample parking space Gatehouse and dedicated management office comprising three rooms Professionally managed and well-maintained development Situated in one of Lagos' most secure and exclusive residential estates Rent: ₦60,000,000 per annum Agency fee - 10% Legal fee - 10% Caution deposit - 10% Service Charge Deposit - ₦5m annually Diesel Deposit- ₦4m Rascenant

2nd Avenue, Banana Island, Ikoyi, Lagos
4 beds 4 baths 5 toilets
Unique Multi Concepts Limited
5 Units of 4 Bedroom Terraced + 1 Room Service Quarter Each — Banana Island, Ikoyi, Lagos
Premium
13
₦50,000,000 /yr

Terraced duplex for rent

5 Units of 4 Bedroom Terraced + 1 Room Service Quarter Each

For lease banana island (Iko​yi) 5 Units of 4-Bedroom Terrace + 1 Room Service Quarter Each Rent: ₦50,000,000 per unit/annum Asking Term: 2-year lease Service Charge: 4m

Banana Island, Ikoyi, Lagos
4 beds 4 baths 5 toilets 4 Parking
Fidelity Homes and Property Services

Showing 1–21 of 1,266 properties

Area Guide

About Banana Island, Ikoyi

Banana Island, is an artificial island off the foreshore of Ikoyi, Lagos, Nigeria. The Island is a man-made island and is shaped like a banana. It is located in the Lagos Lagoon and is connected to Ikoyi Island by a dedicated road which is linked to the existing road network near Parkview Estate.The island was constructed by the Lebanese-Nigerian Chagoury Group in partnership with the Federal Ministry of Works and Housing and is considered to be on par with the Seventh Arrondissement in Paris, La Jolla in San Diego, and Tokyo's Shibuya and Roppongi neighbourhoods. Banana Island has residential and commercial areas, as well as sites for recreational activities

It occupies a sand-filled area of approximately 1,630,000 square metres and is divided into 536 plots (of between 1000 and 4000 square metres in size) mainly arranged along cul-de-sacs. Dwellers in this Island are provided with world class utilities including underground electrical systems (versus the overhead cabling common throughout Lagos), an underground water supply network, a central sewage system and treatment plant, and street lighting and satellite telecommunications networks

Read the full area guide
FAQ

Frequently asked questions

The average price of flats, houses, land and commercial property for rent in Banana Island, Ikoyi, Lagos is ₦55,000,000 per annum.

The price of the most expensive flats, houses, land and commercial property for rent in Banana Island, Ikoyi, Lagos is ₦170,000,000 per annum.

The price of the cheapest flats, houses, land and commercial property for rent in Banana Island, Ikoyi, Lagos is ₦16,000,000 per annum.

There are 1,266 available flats, houses, land and commercial property for rent in Banana Island, Ikoyi, Lagos. You can view and filter the list of property by price, furnishing and recency.