Nigeria Property Centre

Property for Rent in Banana Island, Ikoyi, Lagos

There are 1,479 flats, houses, land and commercial properties for rent in Banana Island as of 27 Sep 2026, with an average price of ₦57M. 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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1,401–1,421 of 1,479 properties for rent

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Premium Plus Top promoted listing
3 Bedrooms Waterfront Apartments with BQ
25 photos
₦50,000,000 /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 - 50m Service Charge - 5m Agency - 10% Legal - 10% Caution - 5% Note: for clients who are looking to get long leases, this apartment can go as low as 45m annually.

Banana Island, Ikoyi, Lagos
3 Beds 3 Baths 4 Toilets 2 Parking

Colmond Enterprise LTD

Exquisitely 4-Bedroom Fully Detached House — Banana Island, Ikoyi, Lagos
5
₦120,000,000 /yr

House for rent

Exquisitely 4-Bedroom Fully Detached House

Fully detached house in Banana Island, Ikoyi for letting Features: - 4 bedrooms all en-suite - 2 living rooms - Lift - Cinema room - Home Automation - Study/Home Office - Swimming Pool - 2 bedroom BQ - - gym house - Fully fitted kitchen *Location Banana Island, Ikoyi. Rent: ₦120m per annum per house

Banana Island, Ikoyi, Lagos
4 beds
Jerman Ventures Co. LTD
Fully Furnished 1 Bedroom Apartment — Banana Island, Ikoyi, Lagos
18
₦18,000,000 /yr

Flat / apartment for rent

Fully Furnished 1 Bedroom Apartment

Fully furnished 1 bedroom apartment in banana island Live in luxury at Lagos' most exclusive address , perfect for executives or expatriates seeking comfort, class, and convenience. Location: Banana Island, Ikoyi Rent: ₦18,000,000 Agency Fee: 10% Legal Fee: 10% Note: Service charge is inclusive in the rent. Tenant only pays for NEPA (electricity). Features: Smart TV - Netflix - DSTV - WiFi - Clean Water - 24 Hours Security - Dedicated Car Park - Fully Furnished - Serene Environment - Premium Location l Schedule a Viewing Today: Call/WhatsApp: 08051280014 (Daniel) Email: [email protected]

Banana Island, Ikoyi, Lagos
1 bed 1 bath 2 toilets
House Davanni Realty LTD
Luxury Furnished Waterfront 3-Bedroom Apartment with BQ, Elevator — Banana Island, Ikoyi, Lagos
12
₦50,000,000 /yr

House for rent

Luxury Furnished Waterfront 3-Bedroom Apartment with BQ, Elevator

Luxury furnished waterfront 3-bedroom apartment with BQ, elevator & swimming pool Experience refined living in one of Lagos' most elite waterfront addresses. Perfect for high-profile tenants seeking elegance and serenity. Location: Banana Island, Ikoyi Rent: ₦50,000,000 × 2 Years Agency Fee: 10% Legal Fee: 10% Caution Fee: 10% Features: Waterfront View - Fully Furnished - 24-Hour Power Supply - 24-Hour WiFi & Cable - DSTV - Netflix - Elevator - Open-Plan Kitchen - Premium Security - Ample Car Parking - BQ - Swimming Pool - Serene Environment Schedule an Exclusive Viewing Today: Call/WhatsApp: 08051280014 (Daniel) Email: [email protected]

Banana Island, Ikoyi, Lagos
3 beds 3 baths 3 toilets 2 Parking
House Davanni Realty LTD
Luxury Flats — Ocean Parade Towers, Banana Island, Ikoyi, Lagos
4
₦65,000,000 /yr

Flat / apartment for rent

Luxury Flats

fully serviced, big rooms, pool ,gym , elevator,bar, tennis court 24hrs power 24hrs security DStv Netflix, waterfront view etc furnished unfurnished 3 units available 95m,120m Abode alsogeor

Ocean Parade Towers, Banana Island, Ikoyi, Lagos
4 beds 5 baths 5 toilets 3 Parking
Vallecano Ventures
Lovely 3 Bedroom Apartment — Banana Island, Ikoyi, Lagos
10
₦42,500,000 /yr

Flat / apartment for rent

Lovely 3 Bedroom Apartment

Direct Instruction Lovely 2 unit 3-bedroom apartment for rent in Banana island for rent. Rent: ₦42.5m Net Service charge: ₦4m Kindly call for more details 08096969853/ whats app 08118486066 / calls only We are here to serve you better

Banana Island, Ikoyi, Lagos
3 beds 3 baths 4 toilets 3 Parking
Humannest Limited
Executive 3 Bedrooms Luxury Home — Banana Island, Ikoyi, Lagos
10
₦50,000,000 /yr

Flat / apartment for rent

Executive 3 Bedrooms Luxury Home

Location: Banana island Exquisitely furnished 3 bedroom apartment for rent in banana island Owners preference is an expatriate. Features; Lounge Swimming pool Gym Boys quarters Rent -₦50m Service charge-₦8m Caution- ₦1m Agency -10% Legal - 10%

Banana Island, Ikoyi, Lagos
3 beds 3 baths 4 toilets
Mek9ce PLC
Beautiful 4 Bedroom Apartment — Banana Island, Ikoyi, Lagos
18
₦50,000,000 /yr

House for rent

Beautiful 4 Bedroom Apartment

Ikoyi letting: 4 Bedroom Apartment is available for Rent in Ikoyi. Location: Banana Island Road, Ikoyi. Features: All rooms ensuite, swimming pool, ample parking, elevator. Rent: ₦40m.

Banana Island, Ikoyi, Lagos
4 beds 4 baths 5 toilets
Life Properties.ng
Luxury 5 Bedroom Terrace Duplex with Elevator, Swimming Pool and Gym — Banana Island, Ikoyi, Lagos
19
₦169,000,000 /yr

Terraced duplex for rent

Luxury 5 Bedroom Terrace Duplex with Elevator, Swimming Pool and Gym

Rental brief State-of-the-Art Sophistication: 5-Bedroom Jewel in Lagos' Premier Neighborhood Banana island, Ikoyi 5 Bedroom rent details: Rent: $100k (N169,000,000) Caution: 2% (Negotiable) Service Charge: 10% Features: -Serene Environment -Open Space for Sport -Spacious Balcony View -Water front/Water view -All rooms En-suite -Parking Space -Kitchen Island/Space -Outdoor Living Space -Pop finishing

Banana Island, Ikoyi, Lagos
5 beds 5 baths 6 toilets 3 Parking
Humphrey Holdings
Highrise 4 Bedrooms Apartment with BQ and Beautiful Amenities — Banana Island, Ikoyi, Lagos
4
₦45,000,000 /yr

Flat / apartment for rent

Highrise 4 Bedrooms Apartment with BQ and Beautiful Amenities

Letting Units of Luxury 4-bedroom service apartment on a middle floor and top floor within a well-built residential development on Banana Island Road, Ikoyi. Has a pool, gym and lovely aerial view of Ikoyi. Rent: N45 Million per annum N50 Million per annum (upgraded kitchen) Service charge deposit: N571,000 per quarter + one-off N400k Power - pay as you consume Refundable caution deposit N2m Agency fee 10%. Legal fee 10%

Banana Island, Ikoyi, Lagos
4 beds 4 baths 5 toilets 3 Parking
La Meilleure Property Limited
Beautiful 4 Bedrooms with Pool, Gym and BQ, Also with Amenities — Banana Island, Ikoyi, Lagos
10
₦60,000,000 /yr

Flat / apartment for rent

Beautiful 4 Bedrooms with Pool, Gym and BQ, Also with Amenities

Beautiful 4 Bedroom Apartment with Bq, Pool, Gym. This luxury waterfront 4 Bedroom apartment comes with beautiful amenities as we all know, Banana island, ikoyi Lagos, has the best 24 hours security service with 24 hours power supply, getting this property brings you comfort and serenity. So send us a DM for more inquiries about this lovely property.

Banana Island, Ikoyi, Lagos
4 beds 4 baths 5 toilets 3 Parking
La Meilleure Property Limited
5 Bedrooms Fully Detached Houses — Banana Island, Ikoyi, Lagos
7
$180,000 /yr

Detached duplex for rent

5 Bedrooms Fully Detached Houses

3 Nos. fully detached houses in Banana Island, Ikoyi for letting Features: - 5 bedrooms all en-suite - 2 living rooms - Lift - Cinema room - Home Automation - Study/Home Office - Suspended swimming Pool - 2 bedroom BQ - lift. - gym house - Fully fitted kitchen Location: Banana Island, Ikoyi. Rent: $180,000 per annum per house For additional details, inquiries, and physical inspections, Call our hotline 07088065449 You can send us a quick mail to: [email protected] Take Advantage Today!

Banana Island, Ikoyi, Lagos
5 beds 5 baths 6 toilets 4 Parking
Future Homes Properties and Investment LTD
Luxury Waterfront 2 Bedroom Penthouse Apartment + Bq+pool — Banana Island, Ikoyi, Lagos
8
₦45,000,000 /yr

Flat / apartment for rent

Luxury Waterfront 2 Bedroom Penthouse Apartment + Bq+pool

Direct clients only 24HRS deal!!! Waterfront 2 bedroom apartment + BQ + pool + GYM etc in banana island ikoyi price: N45M per annum call prince ademola osinuga now to pay & move in immediately 08124269637 [email protected] [email protected]

Banana Island, Ikoyi, Lagos
2 beds 2 baths 3 toilets 2 Parking
Prince Ademola Osinuga International
Newly Built Waterfront 4 Bedroom Apartment with BQ — Banana Island, Ikoyi, Lagos
9
₦60,000,000 /yr

Flat / apartment for rent

Newly Built Waterfront 4 Bedroom Apartment with BQ

Newly built Waterfront 4 Bedroom Apartment with Bq, Pool, Gym. This luxury waterfront 3 Bedroom apartment comes with beautiful amenities as we all know, Banana island, ikoyi Lagos, has the best 24 hours security service with 24 hours power supply, getting this property brings you comfort and serenity. So send us a DM for more inquiries about this lovely property.

Banana Island, Ikoyi, Lagos
4 beds 4 baths 5 toilets 3 Parking
La Meilleure Property Limited
Video
₦40,000,000 /yr

Terraced duplex for rent

Fully Serviced and Furnished 4 Bedrooms Terrace

Fully Serviced and Furnished 4-bedroom Semi-detached terrace units located at Banana Island, Ikoyi, Lagos State. Swipe left(click on video) to watch video Breakdown - Annual Rent: ₦40,000,000 (Non-Negotiable) - Legal Fee: ₦4,000,000 (10% of annual rent) - Agency Fee: ₦4,000,000 (10% of annual rent) - Service Charge: ₦3,500,000 per annum - Diesel Deposit Fee: ₦3,0 500,000 - Caution Deposit: ₦1,000,000

Banana Island, Ikoyi, Lagos
4 beds 4 baths 5 toilets
Millafox Grandeur
Funished Mini Flat — Banana Island, Ikoyi, Lagos
8
₦15,000,000 /yr

Mini flat (room and parlour) for rent

Funished Mini Flat

Funished mini flat

Banana Island, Ikoyi, Lagos
1 bed 2 baths 2 toilets 2 Parking
Wow Property
Waterfront 4 Bedroom Terrace Duplex with Swimming Pool — Banana Island, Ikoyi, Lagos
15
₦120,000,000 /yr

Terraced duplex for rent

Waterfront 4 Bedroom Terrace Duplex with Swimming Pool

️to let Waterfront luxury 4 bedroom terrace duplex with a room bq,fitted kitchen, en-suite rooms, 3 living rooms,swimming pool and gym Location: banana island Rent: 120m Service charge: 10m (diesel inclusive) Agency: 10% Legal:10% Caution: 10%

Banana Island, Ikoyi, Lagos
4 beds 5 baths 6 toilets 4 Parking
Mo Resources & Services LTD
Exclusive 2 Bedrooms Apartment — Banana Island, Ikoyi, Lagos
25
$40,000 /yr

Flat / apartment for rent

Exclusive 2 Bedrooms Apartment

Exclusive Units for Rent in Banana Island, Ikoyi Units: - 1 unit of 2-bedroom flat All units come with a room BQ. Rent Details: - 2-bedroom flat: $40,000 per annum Service Charge: ₦5.5 million Features: - Spacious 3 and 2 bedrooms, all ensuite - Fully equipped gourmet kitchen with premium appliances - Open-plan living and dining areas - Stunning city views from the balcony - High-end finishes and fixtures - Security and concierge services - Luxury amenities: pool, gym, and garden access Each apartment has a prepaid meter.

Banana Island, Ikoyi, Lagos
2 beds 2 baths 3 toilets
Patriotic Homes & Property LTD
Luxurious 4 Bedroom with BQ Terrace with Play Ground, Sw/Pool, Gym — Banana Island, Ikoyi, Lagos
12
₦50,000,000 /yr

Terraced duplex for rent

Luxurious 4 Bedroom with BQ Terrace with Play Ground, Sw/Pool, Gym

For Lease at banana island, ikoyi Location: Banana Island, Ikoyi Lagos Nigeria. Luxurious 4Bedroom With BQ Terrace with Play Ground, Swimming pool, GYM will be available for rent at the end of July 2025... ( Renovation Ongoing) Price: N50m per anum If you can do 2years, We can consider something a Bit lower.

Banana Island, Ikoyi, Lagos
4 beds 5 baths 6 toilets 4 Parking
Leeverage Innovation LTD
Very Nice Detached House — Banana Island, Ikoyi, Lagos
12
₦125,000,000 /yr

Detached duplex for rent

Very Nice Detached House

Exquisitely finished,large duplex,2 living room,all room ensuite,fully furnished kitchen, jacuzzi, CCtv camera,water treatment plant,pool ,study room, acs, Geogpara,abode, aceemmaalso

Banana Island, Ikoyi, Lagos
5 beds 5 baths 6 toilets 10 Parking
Vallecano Ventures
Clean 4 Bedrooms Penthouse — Banana Island, Ikoyi, Lagos
10
₦45,000,000 /yr

Terraced duplex for rent

Clean 4 Bedrooms Penthouse

4 bedrooms penthouse for rent at Bannana island ikoyi Comes with a lift Gym Ample living room All rooms en-suite etc

Banana Island, Ikoyi, Lagos
4 beds 4 baths 5 toilets 3 Parking
Brinndle Homes Construction Limited

Showing 1,401–1,421 of 1,479 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 ₦57,000,000 a year.

Most flats, houses, land and commercial property for rent in Banana Island, Ikoyi, Lagos are priced between ₦40,000,000 and ₦75,000,000 a year.

Prices for flats, houses, land and commercial property for rent in Banana Island, Ikoyi, Lagos go up to around ₦170,000,000 a year.

Prices for flats, houses, land and commercial property for rent in Banana Island, Ikoyi, Lagos start from around ₦15,000,000 a year.

There are 1,479 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.