Nigeria Property Centre

Property for Rent in Banana Island, Ikoyi, Lagos

There are 1,338 flats, houses, land and commercial properties for rent in Banana Island as of 18 Aug 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
₦55,000,000 /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 - 55m Service Charge - 5m Agency - 10% Legal - 10% Caution - 5%

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

Colmond Enterprise LTD

Waterview 5 Bedroom Fully Detached House — Banana Island, Ikoyi, Lagos
Premium
25
₦145,000,000 /yr

Detached duplex for rent

Waterview 5 Bedroom Fully Detached House

5 bedroom fully detached houses in Banana Island, Ikoyi but 3 units in a compound with good management Features: - 5 bedrooms all en-suite - 2 living rooms - Lift - Cinema room - Home Automation - Study/Home Office - Suspended swimming Pool - 2 bedroom BQ - lift. - gym house - Fully fitted kitchen rent: 145million naira per annum Agency fee @ 10% Legal fee @ 10% Caution deposit @ 5% Service charge deposit @ 10million per annum

Banana Island, Ikoyi, Lagos
5 beds
First Class Realties
Well Renovated Serviced 4 Bedroom Terraced House — Banana Island, Ikoyi, Lagos
Premium
6
₦40,000,000 /yr

Terraced duplex for rent

Well Renovated Serviced 4 Bedroom Terraced House

For rent in banana island, lagos Description: Renovated 4 bedroom terrace house with all rooms en-suite, perfectly situated on 2nd avenue in the prestigious estate in ikoyi. Key features: - dedicated car park - air conditioning in all rooms - 1 room staff quarters - equipped kitchen - swimming pool - gym - balcony terrace on each floor Rent: n40m per annum Service charge: n3m Diesel deposit n2. 5m Besa/f

Banana Island, Ikoyi, Lagos
4 beds
Oip Properties
Near and Spacious 4 Bedroom Terraced Duplex — Banana Island, Ikoyi, Lagos
Premium
3
₦40,000,000 /yr

Terraced duplex for rent

Near and Spacious 4 Bedroom Terraced Duplex

For rent in banana island, lagos Description: Renovated 4 Bedroom terrace house with all rooms en-suite, perfectly situated on 2nd Avenue in the prestigious estate in Ikoyi. Property Features *4 spacious en-suite bedrooms *Dedicated parking space *Air conditioning in all rooms *1-room staff quarters *Fully equipped kitchen *Swimming pool *Gymnasium *Balcony terrace on each floor *Serene and secure environment Financial Details Rent: ₦40,000,000 per annum Service Charge: ₦3,000,000 per annum Diesel Deposit: ₦2,500,000 Vibe

Banana Island, Ikoyi, Lagos Added yesterday
4 beds
Oip Properties
4 Bedroom Terrace Duplex with a BQ — Banana Island, Ikoyi, Lagos
Premium
6
₦80,000,000 /yr

Terraced duplex for rent

4 Bedroom Terrace Duplex with a BQ

Banana Island, Ikoyi, Lagos
4 beds 4 baths 5 toilets 3 Parking
Ulodoye Estate Surveyors and Valuers
Exquisite 4 Bedroom Penthouse with a Study Room, Cinema, Gym and Pool — Banana Island, Ikoyi, Lagos
Premium
7
$100,000 /yr

House for rent

Exquisite 4 Bedroom Penthouse with a Study Room, Cinema, Gym and Pool

Exquisite newly built 4-bedroom penthouse An exceptional newly built 4-bedroom penthouse designed for sophisticated living, combining contemporary architecture, premium finishes, luxury, comfort, and enhanced security. The penthouse features generously proportioned living spaces complemented by a private study room, cinema, fully equipped gym, and swimming pool, providing residents with a complete lifestyle experience within the comfort of their home. Key Features ️ 4 Spacious Bedrooms Private Study Room Private Cinema ️ Fully Equipped Gym Swimming Pool ️ Fully Fitted Modern Kitchen ️ Bulletproof Doors 🪟 Double-Glazed Glass Windows High-End Frosted Glass Finishes Newly Built with contemporary luxury finishes * Premium security and privacy features Rental Value US$100,000 per annum a refined penthouse offering a rare combination of luxury, privacy, security, entertainment, and modern convenience, ideal for an executive tenant seeking a premium residential experience.

Banana Island, Ikoyi, Lagos Added yesterday
4 beds 4 baths 6 toilets 3 Parking
Ulodoye Estate Surveyors and Valuers
Fully Furnished 2 Bedroom Apartment — Banana Island, Ikoyi, Lagos
Premium
8
₦35,000,000 /yr

Flat / apartment for rent

Fully Furnished 2 Bedroom Apartment

My Direct Brief. Well Furnished & Spacious 2 Bedroom Apartment (3rd floor) at Banana Island Road, Ikoyi. Service Charge 1.4m Power is pay as you go. Agency 10% Legal 10% Caution deposit 10%

Banana Island, Ikoyi, Lagos Added yesterday
2 beds 3 baths 3 toilets 2 Parking
Dhven Royalties Enterprises
Furnished 2 Bedrooms Apartment Available — Banana Island Road, Banana Island, Ikoyi, Lagos
Premium
16
₦35,000,000 /yr

Flat / apartment for rent

Furnished 2 Bedrooms Apartment Available

Well Furnished & Spacious 2 Bedroom Apartment (3rd floor) location:, Banana Island Road, Ikoyi. Rent 35m Service Charge 1.4m Power is pay as you go. Agency 10% Legal 10% Caution deposit 10%

Banana Island Road, Banana Island, Ikoyi, Lagos Added yesterday
2 beds 2 baths 3 toilets 2 Parking
Ninahomesltd
Well-Furnished & Spacious 2-Bedroom Apartment — Banana Island, Ikoyi, Lagos
Premium
9
₦35,000,000 /yr

Flat / apartment for rent

Well-Furnished & Spacious 2-Bedroom Apartment

Exclusively for direct clients only To let - well-furnished & spacious 2-bedroom apartment Location: Banana Island Road, Ikoyi Floor: 3rd Floor Rent: ₦35,000,000 Per Annum Service Charge: ₦1,400,000 Agency Fee: 10% Legal Fee: 10% Caution Deposit: 10% Power: Pay-As-You-Go Well-Furnished Spacious 2-Bedroom Apartment Prime Banana Island Road Location 3rd Floor Suitable for Executives and Corporate Occupants Ref:0016 Important notice: This offering is strictly reserved for serious and financially capable direct clients only. Inquiries from intermediaries or other parties will not be entertained. Kindly ensure you are prepared to proceed before requesting further details or scheduling an inspection.

Banana Island, Ikoyi, Lagos Added yesterday
2 beds 2 baths 3 toilets
Knight Angels Realties LTD
Fully Detached 5 Bedroom House Plus 2 Separate Rooms Service Quarters — Banana Island, Ikoyi, Lagos
Premium
12
₦120,000,000 /yr

Detached duplex for rent

Fully Detached 5 Bedroom House Plus 2 Separate Rooms Service Quarters

Fully detached 5 bedroom house plus 2 separate rooms service quarters with security house and ample parking space. Banana Island, Ikoyi Rent: 120m per annum* Oma

Banana Island, Ikoyi, Lagos Added yesterday
5 beds 5 baths 8 toilets 2 Parking
Teelinks Realty Agency
4 Bedroom Duplex Plus 1 Room BQ — Banana Island, Ikoyi, Lagos
Premium
13
₦60,000,000 /yr

Terraced duplex for rent

4 Bedroom Duplex Plus 1 Room BQ

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 For inspections and further enquiries, kindly contact.

Banana Island, Ikoyi, Lagos Added yesterday
4 beds 4 baths 5 toilets
Fidelity Homes and Property Services
3-Bedroom Apartment with BQ — Banana Island, Ikoyi, Lagos
Premium
21
₦60,000,000 /yr

Flat / apartment for rent

3-Bedroom Apartment with BQ

Exclusively for Direct Clients Only for rent - 3-bedroom apartment with BQ Location: Banana Island, Ikoyi Financial Summary: Rent:₦60,000,000 Agency Fee:10% Legal Fee:10% Caution Deposit:10% Service Charge Deposit:₦5,000,000 annually Diesel Deposit:₦4,000,000 Total Package: ₦83,000,000 + Service Charge & Diesel Deposits Property Highlights: - 3-Bedroom Apartment - 1-Room BQ - Swimming Pool - Elevator - Fully Equipped Gym - Premium Residential Location - Secure Environment Viewing: Inspection fee applies Ref:0044 important notice: This offering is strictly reserved for serious and financially capable direct clients only. Inquiries from intermediaries or other third parties will not be entertained. Kindly ensure you are prepared to proceed before requesting further details or scheduling an inspection. For Private Viewing & Leasing Enquiries:07038451502

Banana Island, Ikoyi, Lagos Added yesterday
3 beds 3 baths 4 toilets
Knight Angels Realties LTD
5-Bedroom Fully Detached House — Banana Island, Ikoyi, Lagos
Premium
16
₦136,000,000 /yr

Detached duplex for rent

5-Bedroom Fully Detached House

Exclusively for Direct Clients Only for rent - 5-bedroom fully detached house Location: Banana Island, Ikoyi Financial Summary: Rent:₦136,000,000 Per Annum Agency Fee:10% Legal Fee:5% Caution Deposit:5% Property Highlights: -5-Bedroom Fully Detached House -Premium Location -Banana Island, Ikoyi Viewing: By Appointment Ref:000 important notice: This offering is strictly reserved for serious and financially capable direct clients only. Inquiries from intermediaries or other third parties will not be entertained. Kindly ensure you are prepared to proceed before requesting further details or scheduling an inspection.

Banana Island, Ikoyi, Lagos Added yesterday
5 beds 5 baths 6 toilets
Knight Angels Realties LTD
Luxury 3 Bedroom Flat — Banana Island, Ikoyi, Lagos
Premium
22
₦90,000,000 /yr

Flat / apartment for rent

Luxury 3 Bedroom Flat

Newly and Elegantly built 3bedroom Apartment In Banana Island, Ikoyi on the 7th floor rent: 90 Million Service charge- TBD agency: 10% Legal: 10% Caution: 10% Features - Swimming pool - Elevator - All rooms en-suite - Large sitting rooms - Fully Automated apartment - Italian tiles - Fully fitted kitchen - Central Sound System - Ceiling-Floor Curtains - Italian Chandeliers - City view - Air conditioners - Fire Alarms - Gym - Wardrobes - Kitchen Island - Security - Reception - Washing Machines - Ample Parking space

Banana Island, Ikoyi, Lagos Added yesterday
3 beds 4 baths 4 toilets 2 Parking
Munificient Properties Nig LTD
Furnished 3 Bedroom Flat — Banana Island, Ikoyi, Lagos
Premium
15
₦60,000,000 /yr

Flat / apartment for rent

Furnished 3 Bedroom Flat

3 bed fully furnished apartment with BQ available for rent inside Banana island estate ikoyi Rent: #60 million per annum Sc: #7 million per unit include generator power Caution: #1 million Agency 10% Agreement 10% PhCN pay as you use Landlord only wants expatriate tenants

Banana Island, Ikoyi, Lagos Added yesterday
3 beds 4 baths 4 toilets 2 Parking
Munificient Properties Nig LTD
Premium 2 Bedroom Apartment — Banana Island, Ikoyi, Lagos
Premium
10
₦60,000,000 /yr

Flat / apartment for rent

Premium 2 Bedroom Apartment

Instruction for rent Luxury 2-Bedroom Apartment, waterfront, fully furnished. Rental Price: 60m Agency Fee:10% Service Charge: 4m Caution Fee: 2.5m Legal Fee: 10% Location: Banana Island Ikoyi Apartment Features: All Rooms Ensuite Fitted Kitchen with Heat Extractor pop Ceiling Wardrobes Water Heater Washing Machine Treated Water Supply Swimming Pool Ample Parking Space

Banana Island, Ikoyi, Lagos
2 beds 2 baths 3 toilets 2 Parking
Roqables Global Services.
Furnished 2 Bedroom Maisonette — Banana Island, Ikoyi, Lagos
Premium
13
₦45,000,000 /yr

Terraced duplex for rent

Furnished 2 Bedroom Maisonette

A neatly furnished 2bed apartment going out for rent in Banana Rent: 45M sc: 4m (diesel inclusive) Caution: 2m Agency: 10% Legal:10% Kindly note that there is no bq

Banana Island, Ikoyi, Lagos
2 beds 2 baths 3 toilets 2 Parking
Roqables Global Services.
Premium 3 Bedroom Duplex — Banana Island, Ikoyi, Lagos
Premium
23
₦45,000,000 /yr

Terraced duplex for rent

Premium 3 Bedroom Duplex

Premium 3-bedroom duplex Price reduction Features; 24 Hours power supply Ample parking All rooms en-suite 65-inch Smart tv in the living room Fitted kitchen Wi-Fi Mini home office space Clean water Agency 10% Legal 10% Caution 10% Service Charge ₦5M

Banana Island, Ikoyi, Lagos
3 beds 3 baths 4 toilets 2 Parking
Roqables Global Services.
Luxury 1-Bedroom Mini Flat — Banana Island, Ikoyi, Lagos
Premium
12
₦10,000,000 /yr

Mini flat (room and parlour) for rent

Luxury 1-Bedroom Mini Flat

Exclusively for Direct Clients Only for rent - luxury 1-bedroom mini flat Location: Banana Island, Ikoyi, Lagos Financial Summary: Rent:₦10,000,000 Per Annum Agency Fee:10% Legal Fee:10% Caution Fee:10% Service charge:₦ 2 M Property Highlights: Partially Furnished Excellent Luxury Finish Ground Floor Apartment Fully Fitted Kitchen Built-In Wardrobe Swimming Pool Water Heater Well-Secured Gated Estate Viewing: Strictly by Appointment inspection fee applies Ref:00107 important notice: This offering is strictly reserved for serious and financially capable direct clients only. Inquiries from intermediaries or other third parties will not be entertained. Kindly ensure you are prepared to proceed before requesting further details or scheduling an inspection. For Private Viewing & Leasing Enquiries: 07038451502

Banana Island, Ikoyi, Lagos
1 bed 1 bath 2 toilets
Knight Angels Realties LTD
Luxury 5 Bedroom Detached Residence with BQ — Banana Island, Ikoyi, Lagos
Premium
24
₦130,000,000 /yr

Detached duplex for rent

Luxury 5 Bedroom Detached Residence with BQ

For rent luxury 5-bedroom detached residence Location: Banana Island, Ikoyi, Lagos Luxury living meets an exceptional address. This fully detached 5-bedroom residence is positioned in one of Lagos' most prestigious and exclusive residential enclaves. Property Features: - Spacious en-suite bedrooms - 1-room service quarters - Private swimming pool - Security house - Ample parking space - Quiet, secure and exclusive neighbourhood Rent: 130 Million Per Annum Agency: 10% Legal: 10% Note: The property will undergo renovation. Inspection fee applies Ref:000500 important notice: This offering is strictly reserved for serious and financially capable direct clients only. Inquiries from intermediaries or other third parties will not be entertained. Kindly ensure you are prepared to proceed before requesting further details or scheduling an inspection. For inspection and further enquiries, kindly get in touch.

Banana Island, Ikoyi, Lagos
5 beds 5 baths 6 toilets
Knight Angels Realties LTD
4 Bedroom Maisonette Penthouse — Banana Island, Ikoyi, Lagos
Premium
16
₦60,000,000 /yr

Flat / apartment for rent

4 Bedroom Maisonette Penthouse

4 bedroom maisonette penthouse Location: Mojisola Onikoyi Estate, off Banana Island Road Rent: N60 million per annum Service charge: 5 million per annum Agency 10% Legal 10% Caution 10%

Banana Island, Ikoyi, Lagos Added yesterday
4 beds 5 baths 5 toilets 2 Parking
Munificient Properties Nig LTD

Showing 21–41 of 1,338 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 ₦12,000,000 per annum.

There are 1,338 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.