Nigeria Property Centre

Property for Rent in Banana Island, Ikoyi, Lagos

There are 1,341 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.

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41–61 of 1,341 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

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
Premium
₦60,000,000 /yr

Terraced duplex for rent

New 4 Bedroom Wing of a Terrace House with Staff Rooms

Relatively New 4 bedroom wing of a terrace house with staff rooms. Features: - Swimming pool - gym - etc Rent: N60m Service charge N5.5m (Diesel inclusive) Location: 2nd Avenue, Banana Island, Ikoyi Book a viewing now! Contact Beverly and Sam Properties or Call Victoria 08038156271

2nd Avenue, Banana Island, Ikoyi, Lagos Added yesterday
4 beds 4 baths 4 toilets
Beverly & Sam Properties
Premium 3 Bedroom Apartment — Banana Island, Ikoyi, Lagos
Premium
15
₦35,000,000 /yr

Flat / apartment for rent

Premium 3 Bedroom Apartment

Premium 3 bedroom apartment Features ; 24hr power supply Elevator Pool Ample parking Highly secure All rooms en-suite Fitted kitchen Fitted AC's Smart switches On site facility management Etc

Banana Island, Ikoyi, Lagos
3 beds 3 baths 4 toilets 2 Parking
Roqables Global Services.
Luxury 5 Bedroom Fully Detached Duplex with BQ — Banana Island, Ikoyi, Lagos
Premium
8
₦120,000,000 /yr

Detached duplex for rent

Luxury 5 Bedroom Fully Detached Duplex with BQ

5-Bedroom Fully Detached House - Banana Island, Ikoyi - ₦120M/Year For Rent: Fully detached luxury 5-bedroom house with 2 separate rooms service quarters, a security house, and ample parking space, located in a quiet and serene close in the prestigious Banana Island, Ikoyi. Location: Banana Island, Ikoyi, Lagos Rent: ₦120,000,000 per annum Tentative Total Package: ₦156,000,000 Charges: Agency -- 10% - Legal -- 10% - Caution -- 10% Comes With: 2 separate rooms service quarters - Security house - Ample parking space - Spacious living areas - Secure and serene environment - Prime location - Luxury finishing Dav

Banana Island, Ikoyi, Lagos Added yesterday
5 beds 5 baths 6 toilets 4 Parking
Regal Affluence Realty
Luxury 5 Bedroom Fully Detached Duplex with BQ — Banana Island, Ikoyi, Lagos
Premium
8
₦130,000,000 /yr

Detached duplex for rent

Luxury 5 Bedroom Fully Detached Duplex with BQ

5-Bedroom Fully Detached House with Swimming Pool - Banana Island, Ikoyi - ₦130M/Year For Rent: Fully detached luxury 5-bedroom house with a room service quarters, security house, ample parking space, and swimming pool, located in the prestigious Banana Island, Ikoyi. Location: Banana Island, Ikoyi, Lagos Rent: ₦130,000,000 per annum Tentative Total Package: ₦169,000,000 Charges: Agency -- 10% - Legal -- 10% - Caution -- 10% Comes With: Room service quarters - Security house - Swimming pool - Ample parking space - Spacious living areas - Secure environment - Prime location - Luxury finishing Dav

Banana Island, Ikoyi, Lagos Added yesterday
5 beds 5 baths 6 toilets 4 Parking
Regal Affluence Realty
4 Bedroom Penthouse — Ocean Parade, Banana Island, Ikoyi, Lagos
Premium
25
$110,000 /yr

Flat / apartment for rent

4 Bedroom Penthouse

We have a 4-bedroom penthouse in ocean parade available for lease on the 11th Floor Rent $110,000 per annum. 2 years upfront required Agency fee 10% Legal fee 10% Caution fee 10% asking Service Charge - TBD It's on the 11th floor, facing the water front.

Ocean Parade, Banana Island, Ikoyi, Lagos Added yesterday
4 beds 5 baths 5 toilets 4 Parking
Munificient Properties Nig LTD
Elegant 4-Bedroom Terrace + 1 Room Service Quarter — Banana Island, Ikoyi, Lagos
Premium
14
₦75,000,000 /yr

Terraced duplex for rent

Elegant 4-Bedroom Terrace + 1 Room Service Quarter

Enjoy refined residential living in this elegantly finished 4-bedroom terrace with a service quarter, located within the prestigious and highly secure Banana Island in Ikoyi. Designed for comfort and privacy, this residence offers spacious interiors and a serene environment in one of Lagos' most exclusive neighborhoods. Location: Banana Island, Ikoyi Rent: ₦75,000,000 per annum Service Charge: ₦4,000,000 Agency: 10% - Legal: 10% Features & Amenities: All rooms ensuite - Service quarter - Spacious living areas - Modern kitchen - Ample parking space - Secure gated environment - Premium neighborhood setting Send a DM or call to arrange a private inspection.

Banana Island, Ikoyi, Lagos
4 beds 5 baths 5 toilets 4 Parking
House Davanni Realty LTD
Luxury 3-Bedroom Apartment - 9th Floor — Banana Island, Ikoyi, Lagos
Premium
19
₦50,000,000 /yr

Flat / apartment for rent

Luxury 3-Bedroom Apartment - 9th Floor

Experience elevated living in this recently completed luxury 3-bedroom apartment situated on the 9th floor (top floor) in the prestigious Banana Island, Ikoyi. The residence offers stunning views, premium amenities, and the exclusivity of one of Lagos' most sought-after neighborhoods. Location: Banana Island, Ikoyi Rent: ₦50,000,000 per annum Service Charge: TBD Agency: 10% - Legal: 10% - Caution: 10% Features & Amenities: All rooms ensuite - Spacious living room - Running balcony - Fitted kitchen - Pantry - Guest toilet - 2 car park spaces - 2 spacious elevators - Fully equipped gym - Swimming pool - Secure and serene environment Send a DM or call to arrange a private inspection.

Banana Island, Ikoyi, Lagos
3 beds 4 baths 4 toilets 4 Parking
House Davanni Realty LTD
Elegant 4-Bedroom Terrace with BQ & Swimming Pool — Banana Island, Ikoyi, Lagos
Premium
20
₦45,000,000

Terraced duplex for rent

Elegant 4-Bedroom Terrace with BQ & Swimming Pool

Experience refined living in this spacious 4-bedroom terrace house with Boys' Quarters, situated on Banana Island Road. Featuring generous living spaces, modern finishes, and access to a swimming pool, this residence offers the perfect blend of comfort, convenience, and exclusivity. Location: Banana Island Road, Lagos Rent: ₦45,000,000 per annum Service Charge: ₦4,000,000 per annum Diesel Deposit: ₦5,000,000 Charges: Agency -- 10% - Legal -- 10% - Caution -- 10% Features & Amenities: Boys' Quarters - Swimming pool - Spacious living areas - All rooms ensuite - Modern fitted kitchen - Ample parking - Secure environment - Prime location - Serene neighborhood Payment Terms: Annual rent payable in advance, subject to agreement. Send a DM or call to schedule a private inspection.

Banana Island, Ikoyi, Lagos
4 beds 5 baths 5 toilets 4 Parking
House Davanni Realty LTD
Newly Built 5 Bedroom Fully Detached Duplex — Banana Island, Ikoyi, Lagos
Premium
4
₦150,000,000 /yr

Detached duplex for rent

Newly Built 5 Bedroom Fully Detached Duplex

For more details : 08051280014

Banana Island, Ikoyi, Lagos
5 beds 5 baths 7 toilets 4 Parking
House Davanni Realty LTD
Luxury 3-Bedroom Apartment — Banana Island, Ikoyi, Lagos
Premium
24
₦40,000,000

Flat / apartment for rent

Luxury 3-Bedroom Apartment

Experience premium living in this well-finished 3-bedroom apartment, thoughtfully designed with modern finishes and excellent amenities in the prestigious Banana Island. Offering comfort, convenience, and exclusivity, this residence is ideal for those seeking an upscale lifestyle in one of Lagos' most sought-after addresses. Location: Banana Island, Lagos Rent: ₦40,000,000 per annum Tentative Total Package: ₦52,000,000 Service Charge: To Be Determined (TBD) Charges: Agency -- 10% - Legal -- 10% - Caution -- 10% Features & Amenities: Elevator - Swimming pool - Spacious living areas - All rooms ensuite - Modern fitted kitchen - Ample parking - Secure environment - Prime location - Serene neighborhood - Premium finishing Payment Terms: Annual rent payable upon completion of documentation and required fees. Send a DM or call to schedule a private inspection.

Banana Island, Ikoyi, Lagos
3 beds 4 baths 4 toilets 3 Parking
House Davanni Realty LTD
Ultra-Luxury 5-Bedroom Fully Detached House — Banana Island, Ikoyi, Lagos
Premium
22
₦150,000,000

Detached duplex for rent

Ultra-Luxury 5-Bedroom Fully Detached House

Experience the pinnacle of luxury living in this exceptional 5-bedroom fully detached house, nestled within the exclusive Banana Island. Boasting world-class amenities, expansive living spaces, and advanced smart home technology, this residence is designed to deliver an unrivaled lifestyle of elegance, privacy, and comfort. Location: Banana Island, Lagos Rent: ₦150,000,000 per annum Tentative Total Package: ₦195,000,000 Service Charge: ₦10,000,000 per annum Charges: Agency -- 10% - Legal -- 10% - Caution -- 10% Features & Amenities: 2-room Boys' Quarters - Elevator - Infinity swimming pool - Cinema - Office space - Home automation system - 2 spacious living rooms - All rooms ensuite - Modern fitted kitchen - Luxury finishing - Ample parking - Secure environment - Prime location - Exclusive neighborhood Payment Terms: Annual rent payable upon completion of documentation and required fees. Send a DM or call to schedule a private inspection.

Banana Island, Ikoyi, Lagos
5 beds 6 baths 6 toilets 5 Parking
House Davanni Realty LTD
Luxury 4-Bedroom Terrace with BQ — Banana Island, Ikoyi, Lagos
Premium
16
₦40,000,000

Terraced duplex for rent

Luxury 4-Bedroom Terrace with BQ

Experience elegant living in this tastefully finished 4-bedroom terrace, thoughtfully designed with an attic room, atrium, study, and premium lifestyle amenities. Located in the prestigious Banana Island, this residence offers the perfect blend of comfort, sophistication, and security in one of Lagos' most exclusive neighborhoods. Location: Banana Island, Lagos Rent: ₦40,000,000 per annum Tentative Total Package: ₦50,500,000 Service Charge: ₦2,800,000 per annum Diesel Deposit: ₦500,000 Charges: Agency -- 10% - Legal -- 10% - Caution -- ₦2,500,000 Features & Amenities: Attic room - Atrium - Study - Ante room - Boys' Quarters - Fully fitted kitchen - All rooms ensuite - Guest toilet - Swimming pool - Sit-out lounge - Fully equipped gym - Balconies - Ample parking - Gated, serene and secure estate - 24/7 power supply (personal prepaid meter -- pay as you use at ₦217/kWh) - Maximum security Payment Terms: Annual rent payable upon completion of documentation and required fees. Send a DM or call to schedule a private inspection.

Banana Island, Ikoyi, Lagos
4 beds 5 baths 5 toilets 4 Parking
House Davanni Realty LTD
4 Bedroom Terrace with BQ — Banana Island, Ikoyi, Lagos
Premium
7
₦70,000,000 /yr

House for rent

4 Bedroom Terrace with BQ

4 Bedroom terrace Duplex with a room boys quarters Rent is 70million Service charge, agency and legal are 10% each of the rent Caution is 3m Diesel deposit is 2m https://drive.google.com/drive/folders/1GWjQ85E5vfBYjTSAiZTT66PAEeGjO2D2 Cz

Banana Island, Ikoyi, Lagos Added yesterday
4 beds 4 baths 4 toilets
Isinmi Living
5 Bedroom Luxury Penthouse — Banana Island, Ikoyi, Lagos
Premium
9
$150,000 /yr

Flat / apartment for rent

5 Bedroom Luxury Penthouse

Luxury 5-bedroom penthouse offers generous living spaces, luxury amenities, and exceptional comfort in the serene environment of estate off banana island Road. Property Features: - 5 Spacious Ensuite Bedrooms - Penthouse with ikoyi link Bridge waterview - Private Swimming Pool - Ample Parking Space - 2 kitchens - Rooftop terraces - French floor to ceiling windows - concierge services - uniformed security - Standby Generator - 2-Room Boys' Quarters (BQ) - Study Room - Home Office - Games Room - Spacious Living & Dining Areas - Located in a Secure, Well-Managed Estate Rent: $150,000 per annum Service Charge #10 million Power deposit #4 million Agency 10% Legal 10% Caution deposit 10%

Banana Island, Ikoyi, Lagos Added yesterday
5 beds 6 baths 6 toilets 4 Parking
Munificient Properties Nig LTD

Showing 41–61 of 1,341 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 1,341 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.