Nigeria Property Centre

Property for Rent in Banana Island, Ikoyi, Lagos

There are 1,358 flats, houses, land and commercial properties for rent in Banana Island as of 19 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.

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381–401 of 1,358 properties for rent

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

Luxury 5 Units of 4 Bedrooms Terrace Duplex with a Room BQ Each — Banana Island, Ikoyi, Lagos
Premium
1
₦50,000,000 /yr

Terraced duplex for rent

Luxury 5 Units of 4 Bedrooms Terrace Duplex with a Room BQ Each

️*price reduction* * 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: Ogun Street Rent: ₦50,000,000 per unit/annum Asking Term: 2-year lease Service Charge: 4m Rcd 5%

Banana Island, Ikoyi, Lagos
4 beds 4 baths 5 toilets
Benlary Reality Home
A Neatly Furnished 3 Bedroom Terrace Duplex — Banana Island, Ikoyi, Lagos
Premium
5
₦45,000,000 /yr

Terraced duplex for rent

A Neatly Furnished 3 Bedroom Terrace Duplex

A neatly furnished 3bed terrace going out for rent in Banana Island with attached bq. (Unfurnished is allowed ) Rent:45m (non negotiable) Sc:3m Diesel:2m Caution:1m (refundable) Agency:10% (one-off) Legal:10% (one-off)

Banana Island, Ikoyi, Lagos
3 beds 3 baths 4 toilets 2 Parking
Tenvo Ventures
A Neatly Furnished 1 Bedroom Apartment — Banana Island, Ikoyi, Lagos
Premium
9
₦25,000,000 /yr

Flat / apartment for rent

A Neatly Furnished 1 Bedroom Apartment

A neatly furnished 1bed apartment in Banana going out for annual rent. Rent: 25m Sc: 2m Diesel: 2m Caution: 1m Agency: 10% Legal: 10%

Banana Island, Ikoyi, Lagos
1 bed 1 bath 2 toilets 2 Parking
Tenvo Ventures
Contemporary 5 Bedroom Detached Duplex with Service Quarters — Banana Island, Ikoyi, Lagos
Premium
16
₦170,000,000 /yr

Detached duplex for rent

Contemporary 5 Bedroom Detached Duplex with Service Quarters

Contemporary 5 Bedroom Detached Duplex with Service Quarters Features: - 5 Bedrooms. - Inbuilt Service Quarters. - Spacious Living Areas. - Functional Kitchen Layout. - Parking for 6 to 8 cars. - Secure and Serene Residential Environment. Location: Ikoyi, Lagos, Nigeria Rent: ₦170,000,000 per annum Caution deposit: 10% Agency fee: 10% Legal fee: 10% For enquiries and viewing, Forward a direct message or call WhatsApp: (+234) 08050706179, 09053588569, 08154029096 Office: Suite C3, yob shopping complex, Ologolo road, Lekki Peninsula II, Lagos, Nigeria Website: www.overhplusproperties.com

Banana Island, Ikoyi, Lagos
5 beds 5 baths 6 toilets 8 Parking
Overhplus 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
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
4 Bedroom Semi Detached Duplex with BQ — Banana Island, Ikoyi, Lagos
Premium
15
₦75,000,000 /yr

Semi-detached duplex for rent

4 Bedroom Semi Detached Duplex with BQ

For rent !! 4 bedroom semi detached duplex with BQ Location: Banana Island Road lkoyi, Lagos Rent: 75m Legal: 10% Agency: 10% Caution: 10% Service charge: 3m Features - Fully Fitted Kitchen - pop Ceilings - - Water Treatment - - 24/7 Security - ⁃ Fullv servicec Gym ⁃ Relaxation area - Water heater - Inbuilt speakers - Walk-in Shower - Swimming poo - Bq ⁃ 24hrs power ................................................................ For more enquiries and inspections, please call us on 09098586908 08090876670 Follow us on Instagram on Rosemond hills properties Facebook Rosemond hills limited

Banana Island, Ikoyi, Lagos
4 beds 4 baths 5 toilets 3 Parking
Rosemond Hills Limited
A Fully Serviced 4 Bedroom Terraced Duplex with a Room BQ — Banana Island, Ikoyi, Lagos
Premium
15
₦45,000,000 /yr

Terraced duplex for rent

A Fully Serviced 4 Bedroom Terraced Duplex with a Room BQ

_Tastefully finished 4-bedroom terrace with an attic room, an atrium, a study, an ante room, a sit-out area at the back, and Bq Available for rent_ Location: Banana island. Features: - Gated, Serene and Secured Estate - All en-suite bedrooms with guest toilet. - 24/7 Power Supply with personal prepaid meter (Pay as you use) - Swimming pool, Sit out Lounge - - - Fully equipped Gym - Balconies - Ample parking with maximum Security. - fitted kitchen Rental Value: 50million Naira Refundable caution deposit: 2.5million Naira Service charge: 2.8million Diesel deposit: 500,000

Banana Island, Ikoyi, Lagos
4 beds 4 baths 5 toilets
Netton Real Estate
Exquisitely Finished Furnished 2 Bedroom Semi-Detached House with a BQ — Banana Island, Ikoyi, Lagos
Premium
13
₦45,000,000 /yr

Semi-detached duplex for rent

Exquisitely Finished Furnished 2 Bedroom Semi-Detached House with a BQ

Exquisitely Finished Furnished 2 Bedroom Semi-Detached House with a Bq For Rent. Features: - Self compound - Fully furnished - Fully Fitted Kitchen - Fitted with Air Conditioning Units - Smart TVs - Dinning area - Spacious livingroom and bedrooms - Balcony - All rooms en-suite - a room Bq - Ample parking space - Topnotch serene and secured highbrow estate, e.t.c. Rental Price: 45 million naira Location: Banana Island Estate. For further enquiries and inspection bookings, kindly contact Aruofeg Enterprise: 08074577210 or 08057989376

Banana Island, Ikoyi, Lagos
2 beds 2 baths 3 toilets 3 Parking
Aruofeg Enterprise
Newly Renovated 4 Bedroom Terrace House with BQ, Pool, Gym — Banana Island, Ikoyi, Lagos
Premium
14
₦60,000,000

Terraced duplex for rent

Newly Renovated 4 Bedroom Terrace House with BQ, Pool, Gym

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% #Gab

Banana Island, Ikoyi, Lagos
4 beds 4 baths 5 toilets
Lambe & Eboigbe Properties
Premium Fully Furnished 2 Bedroom Apartment — Banana Island, Ikoyi, Lagos
Premium
14
₦30,000,000 /yr

Flat / apartment for rent

Premium Fully Furnished 2 Bedroom Apartment

Accent01-Property Brief For lease fully furnished 2 bedroom apartment banana island, ikoyi Location: Banana Island, Ikoyi, Lagos Luxury fully furnished 2 bedroom apartment Rent: ₦30,000,000 per annum Lease Term: 2 Years Upfront Agency: 10% Legal: 10% Features: - Fully furnished apartment - Spacious en-suite bedrooms - Modern living and dining area - Fully fitted kitchen - Secure and serene environment - Prime Banana Island location Note: Pictures available on request. Contact: Infinique Properties 07084976122 08064653585 [email protected]

Banana Island, Ikoyi, Lagos
2 beds 2 baths 3 toilets 2 Parking
Infinique Properties Limited
4 Bedroom Terrace Duplex with BQ, Swimming Pool, Gym — Banana Island, Ikoyi, Lagos
Premium
22
₦60,000,000 /yr

Terraced duplex for rent

4 Bedroom Terrace Duplex with BQ, Swimming Pool, Gym

For lease: 4Bedroom Terrace with a room bq, swimming pool and gym. Location: Banana Island, Ikoyi Rent: N60m per annum net Service charge: N3m Diesel deposit N2.5m Caution Deposits: N3m Agency: 6m Legal: 6m Call /Whatsapp - 07035299955/08025262007

Banana Island, Ikoyi, Lagos
4 beds 4 baths 5 toilets
Sinclaire Homes LTD
Luxury 5 Bedrooms Semi Detached Duplex with Swimming Pool and Gym, BQ — Banana Island, Ikoyi, Lagos
Premium
11
₦75,000,000 /yr

Semi-detached duplex for rent

Luxury 5 Bedrooms Semi Detached Duplex with Swimming Pool and Gym, BQ

For rent 4 bedroom semidetached duplex with BQ Location: Banana Island Road Ikoyi, Lagos Rent: 75m Legal: 10% Agency: 10% Caution: 10% Service charge: 3m Features - Fully Fitted Kitchen - pop Ceilings - Water Treatment - 24/7 Security - Fully serviced - Gym - Relaxation area - Water heater - Inbuilt speakers - Walk-in Shower - Swimming pool - Bq - 24hrs power

Banana Island, Ikoyi, Lagos
5 beds 5 baths 6 toilets 6 Parking
Benlary Reality Home
Brand New 4 Bedroom Terrace Duplex+ BQ in a Top Location — Banana Island, Ikoyi, Lagos
Premium
9
₦70,000,000 /yr

Terraced duplex for rent

Brand New 4 Bedroom Terrace Duplex+ BQ in a Top Location

For lease: Description: Luxury 4-Bedroom Terraces & 4-Bedroom Maisonettes with a room bq each. Comes with swimming pool, gym and jetty. Location: Banana Island Road, Ikoyi Terraces: N70 million per annum Maisonettes: N80 million per annum Service Charge Deposit: N6 million Diesel Deposit: N3 million Agency Fee: 10% Legal Fee: 10% Cautions Deposit: 5% Val

Banana Island, Ikoyi, Lagos
4 beds 4 baths 5 toilets
Jabisco Development Company Limited
Fully Serviced 4 Bedroom Terraces with BQ, Swimming Pool, Gym — Banana Island, Ikoyi, Lagos
Premium
9
₦65,000,000 /yr

Terraced duplex for rent

Fully Serviced 4 Bedroom Terraces with BQ, Swimming Pool, Gym

Serviced Well Maintained 4 Bedroom Terraces with Bq and Garage in a mini Estate inside Banana Island. Has Child friendly facilities. Gym and Swimming pool. 24 Hours Electricity and Security. Another unit available for N60m per annum.

Banana Island, Ikoyi, Lagos
4 beds 4 baths 5 toilets
Posh Properties
3 Bedroom Detached Duplex — Banana Island, Ikoyi, Lagos
Premium
9
₦50,000,000 /yr

Detached duplex for rent

3 Bedroom Detached Duplex

CW08887 3-Bedroom Detached Duplex in Ikoyi Discover refined living in one of Nigeria's most prestigious residential destinations. This elegant 3-bedroom duplex situated within the exclusive enclave of Banana Island offers a perfect blend of luxury, privacy, and comfort. Designed to meet the needs of discerning residents, this property presents an exceptional opportunity to enjoy premium island living in a secure and serene environment. Property Features Spacious 3-Bedroom Duplex Well-Proportioned Living and Dining Areas Modern Interior Finishes Contemporary Architectural Design Ample Natural Lighting and Ventilation Premium Residential Environment Secure and Private Setting Estate Amenities Exclusive Banana Island Location Excellent Road Network Secure Residential Community Serene Environment Well-Maintained Infrastructure Premium Neighborhood Location Strategically located within Banana Island, this residence offers proximity to top business districts, luxury shopping destinations, fine dining restaurants, international schools, healthcare facilities, and recreational centers within Ikoyi and Victoria Island. Rental Details Furnished Option Annual Rent: ₦50,000,000 Unfurnished Option Annual Rent: ₦40,000,000 Additional Charges Service Charge: ₦3,000,000 Caution Fee: ₦1,000,000 Legal Fee: 10% Agency Fee: 10% Power Deposit: ₦1,000,000 Lifestyle Highlights Prestigious Banana Island Address Premium Residential Community Ideal for Executives, Expatriates, and Families Exceptional Security and Privacy Flexible Furnished and Unfurnished Options Strong Prestige and Lifestyle Appeal One of Lagos' Most Exclusive Residential Locations This remarkable duplex offers a rare opportunity to enjoy luxury living within the highly sought-after community of Banana Island. Whether leased furnished or unfurnished, the property delivers an elevated lifestyle defined by exclusivity, convenience, and prestige. For more Information, Pricing and Private Viewings Please Contact: Titilayo: 07078866245 Lilian: 09062511340 Email: [email protected] Website: www.cwlagos.com We are Social! Check out other Fantastic Premium Listings on our Social Media Platforms IG: @cwrelagos Twitter: @cwrelagos Facebook: @cwrealestate

Banana Island, Ikoyi, Lagos
3 beds 3 baths 4 toilets
C W Real Estate
Luxury Furnished Three Bed Duplex — Banana Island, Ikoyi, Lagos
Premium
25
₦50,000,000 /yr

Terraced duplex for rent

Luxury Furnished Three Bed Duplex

My Exclusive 3 Units Of 3-Bedroom Terrace Duplexes Serene Banana island Ikoyi Residence a rare opportunity for expats, diplomats, and high-profile professionals seeking privacy, security, and understated luxury in one of Lagos' most coveted neighborhoods. Property Overview Stunning 3-bedroom terrace duplexes set in a peaceful, kid-friendly compound in Ikoyi. Designed for simple elegance and effortless living, each unit offers a private, secure environment with premium finishes throughout. Key Features - 3 en-suite bedrooms with high-end fittings - Master bedroom with private lounge - Dedicated office space -- ideal for remote work - Fully fitted kitchen with modern appliances - In-house gym, massage chairs, PS5 entertainment - Private swimming pool - 24/7 power and security - Ample parking and so much more Lease Terms - Unit 1 & 2: ₦50,000,000 per annum - Unit 3: ₦55,000,000 per annum - Caution Deposit: ₦2,000,000 per unit -- refundable - Agency & Legal Fees: 10% each per unit Monthly Service Costs 1. Electricity -- General meter: ₦100,000 per unit 2. Borehole water supply: ₦50,000 per unit 3. Diesel: Approx. 200 litres per unit, lasting 2--3 months. Cost varies with current diesel price Location: Ikoyi, Lagos -- minutes from consulates, international schools, 5-star hotels, and premium dining. This compound is built for discerning tenants who value privacy, convenience, and a tranquil setting without compromising on luxury. Message me to arrange a private viewing for you

Banana Island, Ikoyi, Lagos
3 beds 3 baths 4 toilets
CRL Real Estate
Furnished 3 Bedrooms Apartment — Banana Island, Ikoyi, Lagos
Premium
25
₦45,000,000 /yr

Flat / apartment for rent

Furnished 3 Bedrooms Apartment

Also available for yearly rental For Rent: Fully furnished 3 Bedroom Serviced Apartment with bq (4th floor) Location: Banana Island Road, Ikoyi Rent: 45M Service charge: 3.5M Diesel & Phcn: Metered Agency: 10% Legal: 10% Caution: 2M Facilities: 24/7 power supply Security Treated water Fitted kitchen Treated water Elevator Maids room Storage space Swimming pool Gym

Banana Island, Ikoyi, Lagos
3 beds 3 baths 3 toilets
CRL Real Estate
4 Bedroom Terraced with an Attic Room, an Atrium and a Study — Banana Island, Ikoyi, Lagos
Premium
16
₦40,000,000 /yr

Terraced duplex for rent

4 Bedroom Terraced with an Attic Room, an Atrium and a Study

For rent 4-bedroom terrace with an attic room, an atrium, a study, an ante room, a sit-out area at the back, and Bq Location: Banana island, Ikoyi. Features: Gated, Serene and Secured Estate All en-suite bedrooms with guest toilet. 24/7 Power Supply with personal prepaid meter (Pay as you use) Swimming pool, Sit out Lounge Fully equipped Gym Balconies Ample parking with maximum Security. fitted kitchen Rental Value: N40m Agency @ 10% of rental value Legal @ 10% of rental value Refundable caution deposit: 2.5million Naira Service charge: 2.8million Diesel deposit: 500k Power: N217/kwt

Banana Island, Ikoyi, Lagos
4 beds 4 baths 5 toilets 4 Parking
Ovat of Lagos Real Estate
Newly Built Spacious 4 Bedroom Serviced Apartment with a Room BQ — Banana Island, Ikoyi, Lagos
Premium
21
₦65,000,000 /yr

Flat / apartment for rent

Newly Built Spacious 4 Bedroom Serviced Apartment with a Room BQ

this is 6 units of 4 bedroom serviced apartment with a room bq each this property is located in residential area of prestigious banana island all the rooms are en-suite with extra visitor's toilet the kitchen is fitted with modern kitchen wares it comes with air-conditioning system in all the apartment the rooms are spacious with large living area it has large ample parking space it has swimming pool Rent: 65Million Term: 2yrs upfront

Banana Island, Ikoyi, Lagos
4 beds 4 baths 5 toilets 3 Parking
Luch Properties and Investment Nigeria Limited

Showing 381–401 of 1,358 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 1,358 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.