Nigeria Property Centre

Property for Rent in Banana Island, Ikoyi, Lagos

There are 1,342 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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81–101 of 1,342 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

5 Bedroom Semi Detached Duplex — Banana Island, Ikoyi, Lagos
Premium
16
₦80,000,000

Semi-detached bungalow for rent

5 Bedroom Semi Detached Duplex

Listing For Rent a five (5) bedroom semi detached duplex in a serene environment inside an estate with a room boys quarter and a communal swimming pool, in banana island now available for letting Location: Banana Island Rent: N80M Service charge: To BE discused Caution fees: N1.5M Legal fees: 10% Agency fees: 10% Features: -Living room -Modern fitted kitchen -BQ(self contained) -Communal swimming pool -24/7 security & well maintained Estate -Ample parking space 5HRS-10HRS inspection notice NO impromptu inspections *dm/call:

Banana Island, Ikoyi, Lagos
5 beds 5 baths 6 toilets
New Adventure Limited
Fully Furnished Waterfront 3 Bedroom Apartment with Pool — Ikoyi, Banana Island, Ikoyi, Lagos
Premium
12
₦55,000,000 /yr

Flat / apartment for rent

Fully Furnished Waterfront 3 Bedroom Apartment with Pool

To Let Fully Furnished 3-Bedroom Waterfront Apartment + BQ Location: Banana Island, Ikoyi Rent: ₦55,000,000 per annum Service Charge: ₦6,000,000 Diesel Deposit: ₦2,000,000 Agency: 10% Legal: 10% Caution: 10% All rooms ensuite Boys' Quarters Waterfront view Fully furnished interiors Elevator access Swimming pool Spacious living areas Fully fitted kitchen Secure environment Ample parking Serene setting Situated on the 4rd floor offering elevated waterfront views and premium lifestyle comfort.

Ikoyi, Banana Island, Ikoyi, Lagos
3 beds 3 baths 4 toilets 2 Parking
Overhplus Properties Limited
Premium 4 Bedroom Terrace House with BQ, Swimming Pool — Banana Island Estate, Banana Island, Ikoyi, Lagos
Premium
3
₦39,999,999 /yr

Terraced duplex for rent

Premium 4 Bedroom Terrace House with BQ, Swimming Pool

Direct clients preferable Premium 4 bedroom terrace house, with bq, swimming pool, gym in Banana Island Estate Rent: N39.9M per annum Exclusive of service charge Call Prince Ademola Osinuga International now to pay and move in immediately

Banana Island Estate, Banana Island, Ikoyi, Lagos
4 beds 4 baths 5 toilets 2 Parking
Prince Ademola Osinuga International
Premium 4 Bedroom Terrace House + BQ + Gym + Pool X 2yrs — Banana Island Estate, Banana Island, Ikoyi, Lagos
Premium
1
₦55,000,000 /yr

Terraced duplex for rent

Premium 4 Bedroom Terrace House + BQ + Gym + Pool X 2yrs

Direct clients preferable Premium 4 bedroom terrace house, with bq, swimming pool, gym in a waterfront estate in Banana Island Estate Rent: N55M x 2yrs Exclusive of service charge Call Prince Ademola Osinuga International now to pay and move in immediately

Banana Island Estate, Banana Island, Ikoyi, Lagos
4 beds 4 baths 5 toilets 2 Parking
Prince Ademola Osinuga International
Luxury 4 Bedroom Maisonette with BQ, Pool and Gym — Banana Island, Ikoyi, Lagos
Premium
11
₦80,000,000 /yr

Flat / apartment for rent

Luxury 4 Bedroom Maisonette with BQ, Pool and Gym

Luxury 4 bedroom maisonette with a room Boys' Quarters located on Banana Island Road, Ikoyi. Designed for luxury living, the property offers spacious interiors, premium finishing, and access to first-class facilities within a secure development. Both waterfront and non-waterfront units are available. Features: 4 spacious en-suite bedrooms 1 room Boys' Quarters (BQ) Swimming pool Fully equipped gym Waterfront & non-waterfront options Premium finishing Secure environment Prime Ikoyi location Financial Details: Service Charge: ₦6,000,000 Power Deposit: ₦4,500,000 Caution Fee: 5% Agency 10% 1megoangela

Banana Island, Ikoyi, Lagos
4 beds 4 baths 5 toilets 2 Parking
Luxvera Property Limited
4 Bedroom Luxury Maisonette — Banana Island Road, Banana Island, Ikoyi, Lagos
Premium
14
₦80,000,000 /yr

Flat / apartment for rent

4 Bedroom Luxury Maisonette

Luxury 4-Bedroom Maisonettes with a room bq Comes with swimming pool, gym and jetty. Maisonettes: N80 million per annum Service Charge Deposit: N6 million Diesel Deposit: N3 million Agency Fee: 10% Legal Fee: 10% Cautions Deposit: 5%

Banana Island Road, Banana Island, Ikoyi, Lagos
4 beds 5 baths 5 toilets 2 Parking
Munificient Properties Nig LTD
Reasonably Priced 3 Bedroom Apartment with BQ, Pool, Gym — Banana Island Estate, Banana Island, Ikoyi, Lagos
Premium
4
₦40,000,000 /yr

Flat / apartment for rent

Reasonably Priced 3 Bedroom Apartment with BQ, Pool, Gym

Direct clients preferable Well sized 3 bedroom apartment with bq in a mini estate, swimming pool, etc in Banana Island Estate Ikoyi Rent: N40M per annum Agency, legal and caution fees 10% each Call Prince Ademola Osinuga International now to pay and move in immediately

Banana Island Estate, Banana Island, Ikoyi, Lagos
3 beds 3 baths 4 toilets 2 Parking
Prince Ademola Osinuga International
Serene and Well Serviced 2 Bedroom Apartment with BQ, Pool, Gym Etc — Banana Island, Ikoyi, Lagos
Premium
6
$69,999 /yr

Flat / apartment for rent

Serene and Well Serviced 2 Bedroom Apartment with BQ, Pool, Gym Etc

Direct clients preferable Well sized top quality 2 bedroom apartment with bq , swimming pool, gym, etc in Banana Island Estate Ikoyi Rent: $69,999 per annum Agency, legal and caution fees applicable Call Prince Ademola Osinuga International now to pay and move in immediately

Banana Island, Ikoyi, Lagos
2 beds 2 baths 3 toilets 2 Parking
Prince Ademola Osinuga International
4 Bedroom Apartment, BQ, Pool, Gym, Tennis Etc — Ocean Parade Estate, Banana Island, Ikoyi, Lagos
Premium
8
₦65,000,000 /yr

Flat / apartment for rent

4 Bedroom Apartment, BQ, Pool, Gym, Tennis Etc

Direct clients preferable Top executive 4 bedroom apartment, bq, swimming pool, gym, squash, etc in Banana Island Estate Ikoyi Rent: N65,000,000 per annum, exclusive of service charge 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 seamlessly

Ocean Parade Estate, Banana Island, Ikoyi, Lagos
4 beds 4 baths 5 toilets 2 Parking
Prince Ademola Osinuga International
Luxury 5 Bedroom Terrace Houses with 1 Room BQ — Banana Island, Ikoyi, Lagos
Premium
10
₦40,000,000 /yr

Terraced duplex for rent

Luxury 5 Bedroom Terrace Houses with 1 Room BQ

To let Luxury 5 Bedroom Terrace Houses with 1 Room BQ Location: Banana Island Road, Ikoyi Rent: ₦40M per annum (per unit) - Service Charge Deposit: ₦3M per annum - Electricity: Pay-as-you-use, based on monthly meter readings from the check meter assigned to each apartment. - Diesel: Pay-as-you-go, with monthly payment based on actual consumption. Features - 5 spacious en-suite bedrooms - 1-room Boys' Quarters (BQ) - Spacious living areas - 3--4 car parking spaces per unit - Prime and secure location Available: 2 Units

Banana Island, Ikoyi, Lagos
5 beds 5 baths 6 toilets 4 Parking
Femi Ismail & Associates
Tastefully Finished 1 Bedroom Fully Furnished Apartment — Banana Island Estate, Banana Island, Ikoyi, Lagos
Premium
13
₦25,000,000 /yr

Mini flat (room and parlour) for rent

Tastefully Finished 1 Bedroom Fully Furnished Apartment

Diesel: 2 Million Naira Only Agency Fee; 10 Percent Legal Fee: 10 Percent Caution Fee: 1 Million Naira Only. Jeyneyty

Banana Island Estate, Banana Island, Ikoyi, Lagos
1 bed 2 baths 2 toilets 1 Parking
David Moren Property Services
4 Bedroom Terrace Duplex with BQ — Banana Island, Ikoyi, Lagos
Premium
9
₦50,000,000 /yr

Terraced duplex for rent

4 Bedroom Terrace Duplex with BQ

Tastefully finished 4 bedroom terraced apartments with a room service quarter each Location: Banana Island, Ikoyi Rent Reviewed: 50 million Naira per annum per unit Service charge: 3.5 million Naira exclusive of power Service charge covers: - Security - water - cleaning of common areas - lightning of common areas - fumigation Features: - Ample parking space - Fully fitted kitchen - Walk-in closet - Fire alarm system - Dining area - ACs 5 units available a corporate tenant to take all units or individual corporate to take a single unit can be considered Not for shortlet use Be10Ag

Banana Island, Ikoyi, Lagos
4 beds 4 baths 5 toilets
Lexiuniverse
Waterfront Furnished 2 Bedroom Massionatte — Banana Island, Ikoyi, Lagos
Premium
16
₦55,000,000 /yr

Terraced duplex for rent

Waterfront Furnished 2 Bedroom Massionatte

Furnished Waterfront 2 Bedroom in Banana Island @ N55m

Banana Island, Ikoyi, Lagos
2 beds 2 baths 3 toilets
Lambe & Eboigbe Properties
4 Bedroom Flat with BQ in a Secure Estate — Banana Island, Ikoyi, Lagos
Premium
17
₦60,000,000 /yr

Flat / apartment for rent

4 Bedroom Flat with BQ in a Secure Estate

For lease bedroom apartments banana island, Ikoyi Property Overview 4-bedroom apartments available for lease, a professionally managed residential development within the prestigious and highly secure Banana Island Estate, Ikoyi. Property Features Spacious 4-bedroom apartments All bedrooms en-suite Boys' Quarters (BQ) Two-wing development spread across three floors Swimming pool Elevator/Lift Standby generator Water treatment plant Ample parking spaces Gatehouse Dedicated management office comprising three rooms Professionally managed and well-maintained premises Secure and serene residential environment Located within the prestigious Banana Island Estate Annual Rent: ₦60,000,000 Agency Fee: 10% Legal Fee: 10% Caution Deposit: 10% Service Charge Deposit: ₦5,000,000 per annum Diesel Deposit: ₦4,000,000 Location: Banana Island, Ikoyi, Lagos Terms and availability are subject to confirmation.

Banana Island, Ikoyi, Lagos
4 beds 5 baths 5 toilets
Ibse Global Limited
Luxury 4 Bedroom Maisonette with BQ + Swimming Pool + Gym + Elevator — Banana Island, Ikoyi, Lagos
Premium
25
₦80,000,000 /yr

House for rent

Luxury 4 Bedroom Maisonette with BQ + Swimming Pool + Gym + Elevator

Luxury 4 Bedroom Maisonette With BQ + Swimming Pool + Gym + Elevator Location: Banana Island, Ikoyi, Lagos Rent: ₦80M Per Annum Other Charges: - Legal: 10% - Agency: 10% - Caution: 5% - Service Charge: ₦6M - Diesel Deposit: ₦4.5M For Enquiries & To schedule a site inspection or virtual inspection 🦺 Kindly send us an email - [email protected] DM or Call/Whatsapp 07062939348

Banana Island, Ikoyi, Lagos
4 beds 4 baths 5 toilets 4 Parking
Paraklet Realty
Luxury 4 Bedroom Terrace Triplex with BQ + Swimming Pool + Gym — Banana Island, Ikoyi, Lagos
Premium
23
₦70,000,000 /yr

Terraced duplex for rent

Luxury 4 Bedroom Terrace Triplex with BQ + Swimming Pool + Gym

Luxury 4 Bedroom Terrace Triplex With BQ + Swimming Pool + Gym Location: Banana Island, Ikoyi, Lagos Rent: ₦70M Per Annum Other Charges: - Legal: 10% - Agency: 10% - Caution: 5% - Service Charge: ₦6M - Diesel Deposit: ₦4.5M For Enquiries & To schedule a site inspection or virtual inspection 🦺 Kindly send us an email - [email protected] DM or Call/Whatsapp 07062939348

Banana Island, Ikoyi, Lagos
4 beds 4 baths 5 toilets 4 Parking
Paraklet Realty
Fully Detached 5-Bedroom House — Banana Island, Ikoyi, Lagos
Premium
16
₦120,000,000 /yr

House for rent

Fully Detached 5-Bedroom House

Exclusively for Direct Clients Only for lease - fully detached 5-bedroom house Location: Banana Island, Ikoyi, Lagos Financial Summary: Rent:₦120,000,000 Per Annum Agency:10% Legal:5% Property Highlights: Fully Detached 5-Bedroom House 2 Separate Rooms Service Quarters Security House Ample Parking Space Prime Banana Island Location Viewing: Strictly by Appointment 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 Private Viewing & Leasing Enquiries:

Banana Island, Ikoyi, Lagos
5 beds 5 baths 6 toilets
Knight Angels Realties LTD
5 Units of 4-Bedroom Terrace Houses — Banana Island, Ikoyi, Lagos
Premium
15
₦55,000,000 /yr

House for rent

5 Units of 4-Bedroom Terrace Houses

Exclusively for Direct Clients Only for lease - 5 units of 4-bedroom terrace houses Location: Banana Island, Ikoyi, Lagos Financial Summary: Rent:₦55,000,000 per unit/annum Service Charge:₦4,000,000 RCD:5% Agency:10% Legal:5% Term: 2-Year Lease Property Highlights: 5 Units Of 4-Bedroom Terrace Houses 1 Room Service Quarter Per Unit Corporate Tenant Can Take All 5 Units Individual Corporate Tenants Can Take Units Separately Prime Banana Island Location Viewing: Strictly by Appointment 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 Private Viewing & Leasing Enquiries:

Banana Island, Ikoyi, Lagos
4 beds 4 baths 5 toilets
Knight Angels Realties LTD
Luxury 4 Bedrooms Terraced with a Room BQ Each — Banana Island, Ikoyi, Lagos
Premium
1
₦70,000,000 /yr

House for rent

Luxury 4 Bedrooms Terraced with a Room BQ Each

Luxury 4-Bedroom Terraces with a room bq each. Comes with swimming pool, gym and jetty. Location: Banana island road ikoyi Terraces: N70M per annum Service Charge Deposit: N6 million Diesel Deposit: N3 million Agency Fee: 10% Legal Fee: 10% Cautions Deposit: 5%

Banana Island, Ikoyi, Lagos
4 beds
Al-Rahman Property's ND Logistics
Partially Furnished 1 Bedroom Apartment in a Serene Location — Banana Island, Ikoyi, Lagos
Premium
10
₦12,000,000 /yr

Mini flat (room and parlour) for rent

Partially Furnished 1 Bedroom Apartment in a Serene Location

For Lease Description: A partially furnished 1 bedroom apartment on the ground floor Location: Banana island, Ikoyi. Rent: #12m per annum (inclusive of services charge) Agency 10% Legal 10% Olu

Banana Island, Ikoyi, Lagos
1 bed 1 bath 2 toilets
Jabisco Development Company Limited

Showing 81–101 of 1,342 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 1,342 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.