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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401–421 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

3 Bedroom Flat — Banana Island Road, Banana Island, Ikoyi, Lagos
Premium
3
₦35,000,000 /yr

Flat / apartment for rent

3 Bedroom Flat

Direct brife for lease 3-bedroom flat along banana island Unfurnished Rent: ₦35M ⁠Furnished rent: ₦45M Service Charge: ₦4M Legal Fee: 10% ⁠Agency fee:10%

Banana Island Road, Banana Island, Ikoyi, Lagos
3 beds 3 baths 4 toilets 2 Parking
Tenvo Ventures
Spacious 4 Bedroom Terrace Duplex + BQ, Swimming Pool, Gym — Banana Island, Ikoyi, Lagos
Premium
25
₦60,000,000 /yr

Terraced duplex for rent

Spacious 4 Bedroom Terrace Duplex + BQ, Swimming Pool, 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% SlvKl

Banana Island, Ikoyi, Lagos
4 beds 4 baths 5 toilets 3 Parking
360 Degree Properties LTD
2 Units of Spacious 5 Bedroom with 1 Room BQ — Banana Island, Ikoyi, Lagos
Premium
1
₦40,000,000 /yr

Terraced duplex for rent

2 Units of Spacious 5 Bedroom with 1 Room BQ

2 Units of Spacious 5-Bedroom Terrace Houses with 1-Room BQ Banana Island Road, Ikoyi Features: Spacious living areas 5 en-suite bedrooms 1-room Boys' Quarters (BQ) 3--4 car parking spaces per unit Prime and secure location Rent: ₦40 Million per annum (per unit) Service charge: TBD

Banana Island, Ikoyi, Lagos
5 beds 5 baths 6 toilets 4 Parking
Profinir Homes (Pro-Finir Nigeria Limited)
5 Bedroom Semi Detached with BQ — Banana Island, Ikoyi, Lagos
Premium
8
₦150,000,000 /yr

Detached duplex for rent

5 Bedroom Semi Detached with BQ

For rent ️ Location; banana island* 5 bedroom detached house with bq on 600sqm in Banana Island. Comes with swimming, one room bq with kitchenette Price: 150 million per annum Location: Residential area of Banana Island Caution: 5 million Agency: 10% Legal: 10% Ref no Sha Come with your direct client

Banana Island, Ikoyi, Lagos
5 beds 5 baths 6 toilets
Milebrook Investment Limited
5 Bedroom Detached Duplex + BQ, Swimming Pool, Fitted Kitchen — Banana Island, Ikoyi, Lagos
Premium
13
₦170,000,000 /yr

Detached duplex for rent

5 Bedroom Detached Duplex + BQ, Swimming Pool, Fitted Kitchen

For lease in banana island: 5 bedroom detached house with bq on 600sqm in Banana Island. Comes with swimming, one room bq with kitchenette Price: 170 million per annum Location: Residential area of Banana Island Caution: 5 million Agency: 10% Legal: 10% SlvKl

Banana Island, Ikoyi, Lagos
5 beds 5 baths 6 toilets 6 Parking
360 Degree Properties LTD
A Spacious 5 Bedroom Detached House with Inbuilt Service Quarters, — Banana Island, Ikoyi, Lagos
Premium
9
₦170,000,000 /yr

Detached duplex for rent

A Spacious 5 Bedroom Detached House with Inbuilt Service Quarters,

For lease: Description: A spacious 5 Bedroom Detached House with Inbuilt Service Quarters, strategically located within the prestigious Banana Estate, Ikoyi. Location: Banana Island, Ikoyi Property Details - 5 Bedrooms - Inbuilt Service Quarters - Spacious Living Areas - Functional Kitchen Layout - Parking for 6 to 8 cars - Secure & Serene Residential Environment Rent: ₦170,000,000 Caution Deposit: 10% Agency Fee: 10% Legal Fee: 10% Pictures available upon request.

Banana Island, Ikoyi, Lagos
5 beds 5 baths 6 toilets
O B I S Real Property LTD
Luxury Furnished 3 Bedrooms Waterfront Apartment. — Banana Island, Ikoyi, Lagos
Premium
11
₦50,000,000 /yr

Flat / apartment for rent

Luxury Furnished 3 Bedrooms Waterfront Apartment.

Location: Banana Island Waterfront apartment Luxury furnished 3 bedrooms waterfront apartment. Elevator Swimming Pool Fully equipped kitchen 24/7 power supply 24/7 Wifi Premium security Ample car parking BQ Price:50M per annum Caution fee:5% Agency:10% Legal:10% Service charge:4.5M Estate dues:700k Diesel:2M per annum Nepa pay as consumed

Banana Island, Ikoyi, Lagos
3 beds 3 baths 4 toilets 2 Parking
Tenvo Ventures
A 5bed Maisonnette in the Residential Zone — Residential Zone, Banana Island, Ikoyi, Lagos
Premium
9
₦50,000,000 /yr

House for rent

A 5bed Maisonnette in the Residential Zone

A 5bed maisonnette going out for rent in the residential zone of Banana Island with attached swimming pool, gym and bq. Rent: 50m Sc:5m (diesel inclusive and exclusive power) Agency:10% Legal:10% Caution to be discussed Vat:7.5% 2 tenants in compound (Lar)

Residential Zone, Banana Island, Ikoyi, Lagos
5 beds 5 baths 6 toilets 3 Parking
Wale Oguntayo & Co
Luxury 4 Bedroom Terrace Houses with 2 BQ — Banana Island, Ikoyi, Lagos
Premium
12
₦65,000,000 /yr

Terraced duplex for rent

Luxury 4 Bedroom Terrace Houses with 2 BQ

luxury 4 bedroom terrace houses with 2 rooms servant's quarters each , banana island Facilities / Services: Fully air-conditioned accommodation Fitted kitchen Washing & drying machines Swimming pool Squash Court Fitted Gymnasium Dedicated Transformer Well planned Landscaping 24-hour security service 2 Nos. Stand-by generators Borehole with water treatment plant. Rent: #65 million per annum service charge: #4 million diesel /power- to be discussed Agency 10% Legal 10% Caution deposit 10% fou.jos

Banana Island, Ikoyi, Lagos
4 beds 4 baths 5 toilets
Abbey & Co
4 Bedroom Maisonette Penthouse — Banana Island, Ikoyi, Lagos
Premium
15
₦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% fou.jos

Banana Island, Ikoyi, Lagos
4 beds 4 baths 5 toilets
Abbey & Co
Luxury 4-Bedroom Terrace Duplex — Banana Island, Ikoyi, Lagos
Premium
1
₦60,000,000

Flat / apartment for rent

Luxury 4-Bedroom Terrace Duplex

Luxury 4-Bedroom Terrace Duplex Banana Island, Ikoyi. Rent: ₦60,000,000 per annum Features: - 4 spacious en-suite bedrooms - Elegant living room with anteroom - Fully fitted modern kitchen - Laundry room - Boys' Quarters (BQ) - Private parking within a spacious compound - Swimming pool - Outdoor lounge/gazebo by the pool - Fully equipped gym - 24-hour power supply - Excellent security in a serene, gated environment Fees: - Agency: 10% - Legal: 10% - Caution: 10% - Service Charge: To be confirmed Contact me today to schedule a viewing or for more information.

Banana Island, Ikoyi, Lagos
4 beds 4 baths 5 toilets 4 Parking
S a Reality
5 Bedrooms Terraced Duplex + BQ, Swimming Pool, Gym — Banana Island, Ikoyi, Lagos
Premium
1
₦80,000,000 /yr

Terraced duplex for rent

5 Bedrooms Terraced Duplex + BQ, Swimming Pool, Gym

For Rent SlvKel 5 Bedrooms Terraced Duplex -- Banana Island, Ikoyi a well-finished 5-bedroom terrace apartment in one of Lagos's most exclusive and secure neighborhoods. Designed for convenient luxury living, this home offers premium facilities and the refined lifestyle Banana Island is known for. Property Features - 5 Bedrooms (all en-suite) - Swimming Pool - Fully Fitted Kitchen - Boys' Quarters (BQ) - Secure and Private Environment Rent; ₦80,000,000 per annum Service charge: ₦6 million deposit including diesel Agency: 10% Legal: 10% Caution: 5%

Banana Island, Ikoyi, Lagos
5 beds 5 baths 6 toilets 4 Parking
360 Degree Properties LTD
Brand New Luxury 4 Bedroom Terrace Duplex + BQ, Pool & Gym — Banana Island, Ikoyi, Lagos
Premium
10
₦70,000,000 /yr

Terraced duplex for rent

Brand New Luxury 4 Bedroom Terrace Duplex + BQ, Pool & Gym

For lease on banana island road SlvGabkel Luxury 4-Bedroom Terraces with a room bq each. Comes with swimming pool, gym, waterfront and non-waterfront. Terraces: ₦70 million per annum Service Charge: ₦6 million deposit Power Deposit: ₦4.5 million Caution: 5%

Banana Island, Ikoyi, Lagos
4 beds 4 baths 5 toilets 3 Parking
360 Degree Properties LTD
Brand New Luxury 4 Bedroom Maisonette + BQ, Pool & Gym — Banana Island, Ikoyi, Lagos
Premium
5
₦80,000,000 /yr

House for rent

Brand New Luxury 4 Bedroom Maisonette + BQ, Pool & Gym

For lease on banana island road SlvGabkel Luxury 4-Bed Maisonettes with a room bq each. Comes with swimming pool, gym, waterfront and non water front. Maisonettes: 80 million per annum SC: 6 million deposit Power Dep: 4.5 million Caution: 5%

Banana Island, Ikoyi, Lagos
4 beds 4 baths 5 toilets 3 Parking
360 Degree Properties LTD
4 Bedroom Terrace — Banana Island, Ikoyi, Lagos
Premium
12
₦60,000,000 /yr

House for rent

4 Bedroom Terrace

Available for rent Banana Island, Ikoyi Units of 4-bedroom luxury terrace on 3-level with a garage within a mini estate Features: - All en-suite, fitted with split unit air conditioners - Fitted kitchen with modern appliances - Garage - Gated community on large grounds with well-manicured lawns overlooking the 5-cowrie creek - Good environment for families with kids - Children's play area - Gym and swimming pool with lagoon view - Ample car park space

Banana Island, Ikoyi, Lagos
4 beds 4 baths 5 toilets 2 Parking
Isi-Jayne Luxury Property
Spacious 4 Bedroom Semidetached Duplex with BQ & Pool — Banana Island Road, Banana Island, Ikoyi, Lagos
Premium
14
₦75,000,000

Semi-detached duplex for rent

Spacious 4 Bedroom Semidetached Duplex with BQ & Pool

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 Etc

Banana Island Road, Banana Island, Ikoyi, Lagos
5 beds 5 baths 6 toilets
Koldej Homes
4 Bedroom Terraced Duplex — Banana Island, Ikoyi, Lagos
Premium
1
₦55,000,000 /yr

Terraced duplex for rent

4 Bedroom Terraced Duplex

CW09008 4 Bedroom Terrace Duplex in Ikoyi Banana Island Road, Ikoyi, Lagos a tastefully built collection of 2 units of 4-bedroom terrace duplexes with BQ, located on Banana Island Road. These homes offer spacious interiors, modern finishes, and a serene environment within one of Lagos' most prestigious residential communities. Ideal for families, expatriates, and corporate executives seeking premium living in a secure and exclusive neighborhood. Rental Details Rent: ₦55,000,000 per annum (per unit) Additional Charges Service Charge: To Be Determined (TBD) Caution Deposit: 10% Agency Fee: 10% Legal Fee: 10% Key Features & Amenities 4 Spacious En-Suite Bedrooms Boys' Quarters (BQ) Spacious Living Area Family Lounge Fully Fitted Kitchen Heat Extractor Multiple Balconies Sit-Out Area Swimming Pool Ample Parking Space Spacious Bedrooms with Ample Storage Secure Environment Serene Neighborhood Highlights Prime Banana Island Road Location Prestigious Residential Community Ideal for Families, Expatriates, and Executives Excellent Road Network Quiet and Exclusive Environment Location: Banana Island Road, Ikoyi, Lagos An excellent opportunity to lease a luxury terrace duplex in Banana Island, offering comfort, privacy, and an elevated lifestyle in one of Lagos' most sought-after neighborhoods. For more Information, Pricing and Private Viewings Please Contact: Sophia: +234 814 497 6677 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
4 beds 4 baths 5 toilets
C W Real Estate
5 Bedroom — Banana Island, Ikoyi, Lagos
Premium
11
₦40,000,000 /yr

Terraced duplex for rent

5 Bedroom

To let 5-Bedroom Terrace House with 1-Room BQ Banana Island Road, Ikoyi Rent: ₦40 Million per annum Agency 10% Legal 10% Caution 10% Service charge: TBD Features: Spacious living areas 5 en-suite bedrooms 1-room Boys' Quarters (BQ) 3--4 car parking spaces per unit Prime and secure location Mx

Banana Island, Ikoyi, Lagos
5 beds 5 baths 5 toilets 3 Parking
Go Global Realty
Luxury 4 Bedrooms Maisonette — Banana Island, Ikoyi, Lagos
Premium
13
₦45,000,000 /yr

House for rent

Luxury 4 Bedrooms Maisonette

Spacious 4 Bedroom Maisonette with BQ inside a secured and gated estate Location: Banana island Ikoyi Price: N45m ( Ground floor ) N50m ( middle floor ) Features- -Ensuite rooms- Aesthetic pop ceilings- Spacious living room - Cctv cameras - Clean water - Top quality tiles - Pantry - Island countertop - Master's suite - 3 parking spaces - Secured estate - Good access roads - Flood free

Banana Island, Ikoyi, Lagos
4 beds 4 baths 4 toilets
CRL Real Estate
3 Bedroom Apartment + BQ + Pool — Banana Island, Ikoyi, Lagos
Premium
9
₦40,000,000 /yr

Flat / apartment for rent

3 Bedroom Apartment + BQ + Pool

Direct clients preferable. Furnished 3 bedroom apartment+ BQ pool in banana island estate Rent: N40M per annum Legal fee: 10% Caution fee: 10% Agency fee: 10%

Banana Island, Ikoyi, Lagos
3 beds 2 baths 4 toilets
Prince Ademola Osinuga International

Showing 401–421 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.