Nigeria Property Centre

Property for Rent in Banana Island, Ikoyi, Lagos

There are 1,345 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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101–121 of 1,345 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

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
Luxury 5 Bedroom Townhouse — Second Avenue, Banana Island, Ikoyi, Lagos
Premium
20
₦70,000,000 /yr

Terraced duplex for rent

Luxury 5 Bedroom Townhouse

Direct instruction for lease: 5 Bedroom Terrace Apartment -- 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 Caution deposit

Second Avenue, Banana Island, Ikoyi, Lagos
5 beds 6 baths 6 toilets 4 Parking
Ubosi Eleh & Co
Luxury 4 Bedroom Flats with BQ — Banana Island, Ikoyi, Lagos
Premium
5
₦60,000,000 /yr

Flat / apartment for rent

Luxury 4 Bedroom Flats with BQ

Serviced 4 Bedroom Flats with Bq 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

Banana Island, Ikoyi, Lagos
4 beds 4 baths 5 toilets
Posh Properties
Brand New 3-Bedroom Apartment with Swimming Pool and Gym — Banana Island, Ikoyi, Lagos
Premium
19
₦50,000,000 /yr

Flat / apartment for rent

Brand New 3-Bedroom Apartment with Swimming Pool and Gym

For rent Brand new 3 bedroom apartment with swimming pool and GYM Key Details: - Rent: 50M - Agency Fee: 10% - Legal Fee: 10% - Caution: 10% - Service Charge 3.4M Location: Banana Island Road, Ikoyi

Banana Island, Ikoyi, Lagos
3 beds
Nimblecasa Limited
Luxury 3 Bedroom Fully Furnished — Banana Island, Ikoyi, Lagos
Premium
20
₦60,000,000 /yr

Flat / apartment for rent

Luxury 3 Bedroom Fully Furnished

direct for rent 3 bedroom fully furnished apartment Location: banana island ikoyi. 3 bedroom fully furnished apartment, all rooms en-suite. Rent: 60million naira asking Svc: 4. 2m naira Diesel- included in service charge features -24/7 electricity & support Swiming pool (rooftop) wifi 40,000+ channels on fire stick Fully equipped kitchen Air conditioning in all bedrooms, kitchen and living room Washing machine & dryer Luxury toiletries Fridge freezer Water heater crockery & cutlery Fresh bed linen & towels & housecoats Car parking Top notch

Banana Island, Ikoyi, Lagos
3 beds 3 baths 4 toilets
360 Properties
5-Bedroom Detached House — Banana Island, Ikoyi, Lagos
Premium
1
₦150,000,000 /yr

House for rent

5-Bedroom Detached House

Property Type: Detached House Bedrooms: 5 Transaction: Rent Annual Rent: ₦150,000,000 Zahari View A premium 5-bedroom detached residence available for rent at ₦150 Million per annum, offering an attractive residential opportunity for families, executives and corporate professionals seeking privacy, space and comfort within Lagos' high-end rental market. With its detached configuration and five-bedroom layout, the property provides substantial accommodation capacity for residents seeking an exclusive home environment. Why This Property Deserves Attention Spacious 5-bedroom detached residence Private detached-home configuration Suitable for luxury family and executive living Generous accommodation capacity Positioned within the premium residential rental segment Annual rent of ₦150 Million Rental Perspective For a rental property at this level, prospective tenants should evaluate the complete offering beyond the annual rent, including location, accessibility, security, building quality, parking, available amenities, infrastructure and applicable service charges. Tenant Note Prospective tenants should confirm the exact location, property specifications, available facilities, service charge, agency and legal fees, utility arrangements, estate regulations and complete tenancy terms before committing to the property. Inspection & Documentation: Available upon serious interest and subject to vendor/agent authorisation. Interested in Premium Rental Properties? Explore premium property opportunities, rental listings and Nigerian real estate intelligence at: Zahari Hub Stay Ahead of New Property Opportunities Join Zahari's WhatsApp Channel for premium listings, property updates and investment insights. Zahari Properties WhatsApp Channel Zahari Properties 0803 384 8156 0907 301 3359 @zahariproperties

Banana Island, Ikoyi, Lagos
5 beds 4 baths 4 toilets
Zahari Properties
5-Bedroom Detached House — Off 4rd Avenue, Banana Island, Ikoyi, Lagos
Premium
1
₦170,000,000 /yr

House for rent

5-Bedroom Detached House

Property Type: Detached House Bedrooms: 5 Transaction: Rent Annual Rent: ₦170,000,000 Zahari View A premium 5-bedroom detached residence available for rent at ₦170 Million per annum, offering a private and spacious residential option for families, executives and corporate professionals seeking accommodation within Lagos' high-end rental market. The detached configuration provides greater privacy and exclusivity compared with attached residential properties, while the five-bedroom layout offers substantial space for family living and executive use. Why This Property Deserves Attention Spacious 5-bedroom detached house Private detached residential configuration Suitable for executive and luxury family living Generous accommodation capacity Positioned within the high-value residential rental segment Annual rent of ₦170 Million Rental Perspective For a property at this rental level, prospective tenants should assess the complete residential offering, including location, accessibility, security, architectural quality, available amenities, parking, power and water infrastructure, estate environment and applicable service charges. Tenant Note Prospective tenants should confirm the exact location, property specifications, available facilities, service charge, agency and legal fees, utility arrangements, estate regulations and complete tenancy terms before committing to the property. Inspection & Documentation: Available upon serious interest and subject to vendor/agent authorisation. Interested in Premium Rental Properties? Explore premium property opportunities, rental listings and Nigerian real estate intelligence at: Zahari Hub Stay Ahead of New Property Opportunities Join Zahari's WhatsApp Channel for premium listings, property updates and investment insights. Zahari Properties WhatsApp Channel Zahari Properties 0803 384 8156 0907 301 3359 @zahariproperties

Off 4rd Avenue, Banana Island, Ikoyi, Lagos
5 beds 4 baths 4 toilets
Zahari Properties
Luxury 2-Bedroom Apartment — Off 3rd Avenue Off 3rd Avenue, Banana Island, Ikoyi, Lagos
Premium
1
₦65,000,000 /yr

Flat / apartment for rent

Luxury 2-Bedroom Apartment

Property Type: Luxury Apartment Bedrooms: 2 Location: Off 3rd Avenue Transaction: Rent Annual Rent: ₦65,000,000 Zahari View A luxury 2-bedroom apartment located off 3rd Avenue, offered at ₦65 Million per annum, presenting an opportunity for individuals, executives and corporate professionals seeking premium residential accommodation in a well-positioned Lagos neighbourhood. The apartment's two-bedroom configuration offers a practical balance of privacy, comfort and exclusivity, making it suitable for residents who value a refined living environment and convenient access to surrounding commercial and lifestyle destinations. Why This Property Deserves Attention Premium 2-bedroom apartment Strategically located off 3rd Avenue Suitable for executive and luxury residential living Ideal for individuals, couples and corporate professionals Positioned within the high-value rental segment Annual rent of ₦65 Million Rental Perspective For a property within this rental category, prospective tenants should consider the overall value beyond the headline rent, including location, accessibility, building quality, security, available amenities, power and water infrastructure, parking and applicable service charges. Tenant Note Prospective tenants should confirm the exact address, apartment specifications, available facilities, service charge, agency and legal fees, utility arrangements and tenancy terms before committing to the property. Inspection & Documentation: Available upon serious interest and subject to vendor/agent authorisation. Interested in Premium Rental Properties? Explore premium property opportunities, rental listings and Nigerian real estate intelligence at: Zahari Hub Stay Ahead of New Property Opportunities Join Zahari's WhatsApp Channel for premium listings, property updates and investment insights. Zahari Properties WhatsApp Channel Zahari Properties 0803 384 8156 0907 301 3359 @zahariproperties

Off 3rd Avenue Off 3rd Avenue, Banana Island, Ikoyi, Lagos
2 beds 2 baths 2 toilets
Zahari Properties
5-Bedroom Terrace House — Off 4rd Avenue, Banana Island, Ikoyi, Lagos
Premium
1
₦80,000,000 /yr

House for rent

5-Bedroom Terrace House

Property Type: Terrace House Bedrooms: 5 Transaction: Rent Annual Rent: ₦80,000,000 Zahari View A spacious 5-bedroom terrace residence available for rent at ₦80 Million per annum, offering an attractive residential option for families, executives and corporate professionals seeking a premium home within Lagos' high-value rental market. The property's five-bedroom configuration provides substantial accommodation capacity, making it suitable for households that value space, privacy and comfortable residential living. Why This Property Deserves Attention Spacious 5-bedroom terrace house Suitable for family and executive living Generous accommodation capacity Positioned within the premium residential rental segment Annual rent of ₦80 Million Rental Perspective For prospective tenants, the overall value of a premium rental property should be assessed alongside its location, accessibility, security, building quality, available amenities, estate infrastructure and applicable service charges. Tenant Note Prospective tenants should confirm the exact location, property specifications, estate regulations, service charge, agency and legal fees, utility arrangements, tenancy terms and other applicable charges before committing to the tenancy. Inspection & Documentation: Available upon serious interest and subject to vendor/agent authorisation. Interested in Premium Rental Properties? Explore premium property opportunities, rental listings and Nigerian real estate intelligence at: Zahari Hub Stay Ahead of New Property Opportunities Join Zahari's WhatsApp Channel for premium listings, property updates and investment insights. Zahari Properties WhatsApp Channel Zahari Properties 0803 384 8156 0907 301 3359 @zahariproperties

Off 4rd Avenue, Banana Island, Ikoyi, Lagos
5 beds 4 baths 4 toilets
Zahari Properties
4 Bedroom Terrace Duplex in an Estate — Banana Island Estate, Ikoyi, Banana Island, Ikoyi, Lagos
Premium
3
₦50,000,000 /yr

Terraced duplex for rent

4 Bedroom Terrace Duplex in an Estate

Description: 4 bedroom terraced apartments with a room service quarter Location: Banana Island, Ikoyi Rent: 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 Tos Property Services

Banana Island Estate, Ikoyi, Banana Island, Ikoyi, Lagos
4 beds 4 baths 5 toilets
Tos Property Services
Luxury 4 Bedroom Maisonette with a Room BQ — Banana Island, Ikoyi, Lagos
Premium
18
₦80,000,000 /yr

Flat / apartment for rent

Luxury 4 Bedroom Maisonette with a Room BQ

Direct brief for lease -- banana island road, ikoyi Luxury 4 Bedroom Maisonette with a Room BQ, situated on the 5th floor of Dan & Dan Apartments, Banana Island Road, Ikoyi. Location: Banana Island Road, Ikoyi Property Details - ️ 4 Bedroom Maisonette - 🧑‍ 1 Room BQ - 5th Floor - Luxury Residential Development Rent: ₦80,000,000 per annum ️ Service Charge Deposit: ₦6,000,000 Diesel Deposit: ₦4,500,000 Caution Deposit: 5% Agency Fee: 10% Legal Fee: 10% Call to book your private inspection today 07088314535, 08054797522 [email protected]

Banana Island, Ikoyi, Lagos
4 beds 5 baths 5 toilets 2 Parking
GTR Realty
5 Bedroom Waterview Penthouse Triplex Maisonette + 2BQS — Banana Island, Ikoyi, Lagos
Premium
11
$150,000 /yr

Flat / apartment for rent

5 Bedroom Waterview Penthouse Triplex Maisonette + 2BQS

Direct brief 5bedroom waterview penthouse triplex maisonette + 2BQs for Rent Location: Banana Island, Ikoyi Rent- $150k Service charge-10m power deposit-4m Legal 10% Agency-10% Caution 10% Swimming pool Gym Concierge Fully fitted kitchen Central acs Two kitchens Rooftop terrace Elevator Smoke detectors Bath tub French floor to ceiling windows Natural light City & waterfront views Serene environment Uniformed security

Banana Island, Ikoyi, Lagos
5 beds 5 baths 5 toilets
Zerai Properties
Waterfront Fully Furnished 3 Bedroom Apartment with BQ — Banana Island, Ikoyi, Lagos
Premium
17
₦55,000,000 /yr

Flat / apartment for rent

Waterfront Fully Furnished 3 Bedroom Apartment with BQ

For rent Fully furnished 3 bedroom apartment Key Details: - Rent: 55M - Agency Fee: 10% - Legal Fee: 5% - Caution: 10% - Service Change: 5M Location: Banana, Island

Banana Island, Ikoyi, Lagos
3 beds 3 baths 4 toilets
Nimblecasa Limited
Luxury 3- Bedroom Flat — 220 Close Adeline Court, Banana Island, Ikoyi, Lagos
Premium
10
₦40,000,000 /yr

Flat / apartment for rent

Luxury 3- Bedroom Flat

Direct Brief To Let A state of the heart 3- Bedroom Flat within an estate located where the 1% in the country resides. This flat is within a block of apartment, it has a spacious living and dinning area with air conditioners, a fitted kitchen with microwave, heat extractor, refrigerator, rooms ensuite with air conditioners etc. Service charge is exclusive of power, Diesel Deposit- N1,000,000 Refundable Caution Deposit- N2,500,000 Agency Fees, Legal Fees applies, for inspection and further dealings, do well to reach out to us.

220 Close Adeline Court, Banana Island, Ikoyi, Lagos
3 beds 3 baths 4 toilets 2 Parking
Norsworthy Investments Limited
Luxury 4 Bedroom Maisonette on 2 Floors+bq+pool+gym — Banana Island, Ikoyi, Lagos
Premium
10
₦45,000,000 /yr

Terraced duplex for rent

Luxury 4 Bedroom Maisonette on 2 Floors+bq+pool+gym

Direct clients only Luxury 4 bedroom maisonette on 2 floors +gym +pool+ bq + elevator etc in banana island estate ikoyi Rent: n45m per annum Exclusive of service charge and closing fees In your best interest deal with trusted real estate professionals at no extra cost. Call prince ademola osinuga now to pay & move in immediately 08124269637

Banana Island, Ikoyi, Lagos
4 beds 4 baths 5 toilets 2 Parking
Prince Ademola Osinuga International
4 Bedroom Semi Detached — Banana Island, Ikoyi, Lagos
Premium
9
₦60,000,000 /yr

Semi-detached duplex for rent

4 Bedroom Semi Detached

Suitable for commercial or residential. Tastefully built four (4) bedroom semi detached house with 1 room boys quarter in a serene environment off banana island road ikoyi. Location: Off Banana island road, Ikoyi lagos Rent: N60 Million Naira Service charge: Nil Caution fees: N1 Million Naira Legal fees: 10% of gross rental value Agency fees: 10% of gross rental value

Banana Island, Ikoyi, Lagos
4 beds 4 baths 5 toilets 5 Parking
Kodak Ace Property LTD
Six (6) Nos 4 Bedroom Apartments — Banana Island, Ikoyi, Lagos
Premium
10
₦55,000,000 /yr

Commercial property for rent

Six (6) Nos 4 Bedroom Apartments

Direct clients only 6 units of 4 bedroom apartments + bq + swimming pool in banana island estate ikoyi Rent: n55m per annum x 6 units Call prince ademola osinuga now to pay & move in immediately 08124269637 Wesemoyinconsultz@gmail. Com Luxurybargainsmarket@gmail. Com

Banana Island, Ikoyi, Lagos
4 beds 4 baths 5 toilets 2 Parking
Prince Ademola Osinuga International
Newly Built 5 Bedroom Semi Detached House + BQ — Banana Island, Ikoyi, Lagos
Premium
7
₦80,000,000 /yr

Semi-detached duplex for rent

Newly Built 5 Bedroom Semi Detached House + BQ

Direct clients only Newly built well sized luxury 5 bedroom semi detached house + bq etc banana island estate in ikoyi Rent: n80m per annum, exclusive of service charge and closing fees Location; banana island estate ikoyi i Call prince ademola osinuga now to pay & move in immediately 08124269637 Wesemoyinconsultz@gmail. Com Luxurybargainsmarket@gmail. Com

Banana Island, Ikoyi, Lagos
5 beds 5 baths 6 toilets 3 Parking
Prince Ademola Osinuga International
4-Bedroom Apartments — Banana Island, Ikoyi, Lagos
Premium
6
₦60,000,000 /yr

Flat / apartment for rent

4-Bedroom Apartments

Exclusively for Direct Clients Only for rent - 4-bedroom apartments 6 units available Location: Banana Island, Ikoyi Financial Summary: Rent:₦60,000,000 Per Annum Agency Fee:10% Legal Fee:10% Caution Deposit:10% Service Charge:₦5,000,000 Per Annum Diesel Deposit:₦4,000,000 Property Highlights: Premium 4-bedroom apartments 6 units available All bedrooms en-suite Boys' Quarters (BQ) Two-wing development across three floors 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 Located within the highly secure Banana Island Estate Viewing: Strictly by Appointment inspection fee applies Ref:00209 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
4 beds 4 baths 5 toilets
Knight Angels Realties LTD

Showing 101–121 of 1,345 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 1,345 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.