Nigeria Property Centre

Unfurnished Property for Rent in Banana Island, Ikoyi, Lagos

There are 1,128 flats, houses, land and commercial properties for rent in Banana Island as of 18 Aug 2026, with an average price of ₦60M. 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.

Premium Plus Top promoted listing
Luxury 3 Bedroom Apartment, Pool, Gym
10 photos
₦35,000,000 /yr

Flat / apartment for rent

Luxury 3 Bedroom Apartment, Pool, Gym

Direct clients preferable Luxury 3 bedroom apartment in Banana Island Estate Rent: N35M per annum Service charge: N6m diesel deposit N1m Agency & legal fees applicable Call Prince Ademola Osinuga International now to pay & move in immediately

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

Prince Ademola Osinuga International

Contact agent
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
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
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
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
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

Showing 61–81 of 1,128 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 furnished flats, houses, land and commercial property for rent in Banana Island, Ikoyi, Lagos is ₦60,000,000 per annum.

The price of the most expensive furnished flats, houses, land and commercial property for rent in Banana Island, Ikoyi, Lagos is ₦170,000,000 per annum.

The price of the cheapest furnished flats, houses, land and commercial property for rent in Banana Island, Ikoyi, Lagos is ₦16,000,000 per annum.

There are 1,128 available furnished 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.