Banana Island, Ikoyi, Lagos Banana Island, Ikoyi, Lagos

Area Guide

Banana Island

Banana Island, Ikoyi, Lagos area guide: key facts, lifestyle, shopping, schools and average real estate prices in Banana Island.

Browse 3,725 listings in Banana Island

Active listings 3,725 Available in Banana Island

Median rent (flats) / yr ₦45M Median flat rent / yr

Median sale (flats) ₦1B Median flat for sale

Estate agents 621 Listing in Banana Island

Welcome to Banana Island, a stunning paradise tucked away amid the vibrant cityscape of Lagos, Nigeria. This prestigious neighborhood, which is located on a man-made island in the Lagos Lagoon, is well-known for its wealth and exclusivity.

Banana Island is the pinnacle of upscale living in Nigeria, with its breath-taking views, opulent estates, and top-notch amenities. This enchanting enclave is surrounded by stunning natural scenery, exudes a sense of tranquility, and provides residents with an unrivaled lifestyle of sophistication and refined elegance. Discover the extraordinary offerings that make Banana Island a truly extraordinary place to call home as you set out on a journey to experience the ideal fusion of urban vibrancy and peaceful seclusion.

Banana Island, Ikoyi, Lagos Area Guide — Banana Island. Photo Credit: Business NG, Website.

Table of contents

7 chapters

What's inside this guide

01 Interesting Facts Banana Island is steeped in fascinating historical facts that enhance its allure. The area's captivating history, status as an artificial island, exclusivity, and prestigious address all contribute to its legendary reputation as a luxurious and refined haven. It is renowned as one of the most expensive neighborhoods in Africa, attracting affluent individuals from diverse backgrounds. 02 Leisure and Shopping Banana Island offers a plethora of leisure and shopping options that cater to the refined tastes of its esteemed residents. Residents of Banana Island can indulge in high-end retail therapy, embrace the tranquility of lush green spaces, and enjoy the luxurious amenities provided by the exclusive relaxation centers. Oladimeji Shonubi Supermarket, Mr. Femi Superstores, Hartleys Supermarket, Kola Superstores, Banana Island Sports Field, Banana Island Park, and the Banana Island Club are prime examples of the leisure and shopping options available in Banana Island. 03 Popular Estates Banana Island proudly showcases a collection of prestigious estates that embody the essence of lavish living. These highly coveted residential developments feature architectural masterpieces that provide awe-inspiring vistas. Boasting top-notch facilities and unmatched seclusion, these estates are a testament to elegance, ensuring each resident experiences an unparalleled lifestyle. Among the distinguished estates on Banana Island are Happy Haven Estate, The Address Homes, Bella Vista Apartments, Grace Court, and Morgan Apartments. 04 Day Life Throughout the daytime, Banana Island buzzes with vitality, boasting a diverse selection of dining establishments, enjoyable venues such as the Banana Island Sports Field for families, and captivating establishments like the Hanging Basket Restaurant and the esteemed Chicken Republic. If you're in search of a destination suitable for the whole family, the nearby Youfine Art Gallery presents nature trails of art work, providing a delightful experience. 05 Night Life Banana Island provides a serene and exclusive residential atmosphere, making it an ideal place for residents seeking a peaceful lifestyle. It is primarily known for its residential properties and luxurious lifestyle rather than its nightlife scene. The island is a serene and exclusive area with a focus on privacy and security. However, for a livelier nightlife scene, residents can venture to nearby areas such as Victoria Island and Ikoyi, where one can find several upscale lounges, bars, and clubs that offer an unforgettable evening of entertainment. We have places like Escape Nightclub, Quilox, Sky Restaurant and Lounge, The Blowfish Hotel and Club, Caliente Club, and Escape Nightclub. 06 Schools Banana Island not only boasts of magnificent residential estates and top-tier amenities but also grants residents access to exceptional educational institutions. Families seeking a world-class education for their children need look no further, as Banana Island International School stands as a beacon of prestige within this coveted community. Additionally, residents have the privilege of choosing from a range of esteemed schools in close proximity, including Greenwood House School, Meadow Hall School, and Lagoon School, all of which provide excellent educational options to meet the discerning standards of Banana Island's residents. 07 Real Estate What it costs to live in Banana Island today

INTERESTING FACTS

Interesting Facts

Established in 1978, this man-made paradise was developed by the Banana Island Development Company. It spans approximately 1.6 million square meters and is home to magnificent residential properties, upscale facilities, and lush green spaces. The area was meticulously designed to provide an exclusive and luxurious residential experience for its discerning residents.

Furthermore, Banana Island stands as an iconic location renowned for its unparalleled status in Lagos, representing a symbol of opulence and accomplishment. It epitomizes exclusivity and captivates the attention of prominent individuals, celebrities, and influential entrepreneurs who aspire to embrace an extraordinary way of life. Noteworthy Nigerian personalities such as Davido, Psquare, and Linda Ikeja have chosen to reside within this exceptional community, further adding to its prestige.

The unique characteristic of the neighborhood, Banana Island, lies in its distinctive layout, inspired by the graceful curves of a banana. This elongated and slender island resembles the elegant shape of a banana fruit, hence its fitting name.

LEISURE AND SHOPPING

Leisure and Shopping

Oladimeji Shonubi Supermarket is located in the heart of Banana Island. The supermarket is a premier retail destination that provides residents with a world-class shopping experience. It serves the neighborhood's shopping needs and offers a range of products, including groceries, household items, fresh produce, and specialty or imported goods.

The children's play area on Banana Island emanates a serene ambiance, allowing visitors to fully immerse themselves in the refreshing island air. It is a tranquil and intimate spot exclusively reserved for residents and esteemed individuals. The playground offers a delightful haven where youngsters can engage in play, surrounded by a serene atmosphere. It features a modest yet well-maintained green space, complete with lush grass and a basketball half court, fostering an environment that promotes peace and enjoyment.

The Banana Island Club is an exclusive members-only club that offers a range of recreational and social amenities. With facilities such as swimming pools, tennis courts, restaurants, and lounges, it provides residents with a luxurious retreat on the island.

POPULAR ESTATES

Popular Estates

Boasting stunning contemporary design and impeccable craftsmanship, Bella Vista Apartments stands as a testament to architectural excellence. The estate features spacious apartments with expansive balconies, state-of-the-art facilities, and a tranquil ambiance, ensuring residents enjoy the epitome of luxury living.

Happy Haven Estate is a luxurious residential estate known for its upscale and serene environment. The estate offers a range of well-designed and spacious homes, including villas, townhouses, and apartments. The properties at Happy Haven Estate often feature modern amenities and high-quality finishes. Residents of the estate enjoy access to various facilities such as swimming pools, fitness centers, landscaped gardens, and 24/7 security.

The Address Homes is a prestigious residential estate renowned for its exclusive and lavish properties. The estate features luxurious mansions and high-end apartments that are carefully designed to provide a comfortable and elegant living experience. The Address Homes offers top-notch amenities such as swimming pools, gyms, landscaped gardens, and concierge services. The estate also boasts excellent security measures to ensure the safety and privacy of its residents.

DAY LIFE

Day Life

YouFine Art Arena is a great space dedicated to showcasing artwork from various artists, both local and international. The Art gallery typically hosts exhibitions, art installations, and events to promote and appreciate different forms of art, such as paintings, sculptures, photography, and mixed media.

A walk into Chicken Republic can add glamour to your day. It is an establishment that promises a memorable dining experience where gastronomic delights merge seamlessly with a refined ambiance and impeccable service. Whether you're celebrating a special occasion, indulging in a luxurious meal, or simply seeking a culinary adventure, Chicken Republic is the ultimate destination for discerning food enthusiasts.

Banana Island Sports Field offers a spacious and versatile outdoor space that caters to the recreational needs of residents and visitors. Whether you are a football enthusiast looking for a place to play or someone planning to organize an event, the sports field provides an excellent setting for various activities in a picturesque environment.

NIGHT LIFE

Night Life

Escape Nightclub is situated in Victoria Island, just a short distance from Banana Island, Escape Nightclub is a premier destination for partygoers. With its state-of-the-art sound system, dynamic DJ performances, and upscale setting, it provides an unforgettable clubbing experience.

Quilox is a renowned nightlife hotspot in Lagos. This upscale club offers an electrifying ambiance, celebrity sightings, and a fusion of music genres, making it a go-to destination for those seeking an exhilarating night out.

In addition to Escape Nightclub, and Quilox nearby Victoria Island, residents of Banana Island have access to a variety of vibrant nightlife establishments. Whether seeking a trendy lounge, a high-energy nightclub, or a stylish hotel bar, there are plenty of options to indulge in the city's exciting nightlife scene.

SCHOOLS

Schools

Banana Island International School is an exceptional educational institution designed to meet the unique needs of students, providing a well-rounded, co-educational experience. With a focus on practicality and preparing students for a successful future, this purpose-built school follows an international curriculum and caters to children in the primary stages, including the foundation stage, key stage 1, and key stage 2. Nestled in a highly conducive learning environment, Banana Island School offers an enriching educational journey that fosters creativity and sets a strong foundation for lifelong learning.

At Greenwood House School, children are immersed in a world-class educational journey that spans from the early years to the primary level. The school places great emphasis on cultivating a nurturing and engaging environment where students thrive both academically and personally. With a steadfast commitment to excellence, Greenwood House School goes above and beyond to ensure that each child receives a comprehensive and extraordinary learning experience.

Nestled on Gerard Road, Meadow Hall School stands as a renowned and esteemed educational institution, offering exceptional quality education from the early years through the secondary level. With a firm belief in a holistic approach to learning, the school places equal importance on academic excellence, character development, and nurturing creativity. Meadow Hall School strives to provide a well-rounded educational experience that prepares students for success in all facets of life.

Lagoon School is located on Banana Island Road. It is a top-notch international school that offers a British curriculum. With a commitment to providing a stimulating and inclusive learning environment, the school nurtures students' intellectual, social, and emotional development.

Green Springs School, on Victoria Arobieke Street, is a reputable educational institution that follows the British and Nigerian curriculums. The school focuses on academic excellence, character development, and extracurricular activities to ensure a well-rounded education for its students.

Real Estate

Real estate

Do you want to know how much it would cost to live in Banana Island? Here are the average property prices in Banana Island, Ikoyi, Lagos.

Short Let Flats ₦ 240,000 per day View all Short Let Flats Houses for Rent ₦ 65,000,000 per annum View all Houses for Rent Flats for Rent ₦ 45,000,000 per annum View all Flats for Rent Houses for Sale ₦ 4,500,000,000 View all Houses for Sale Flats for Sale ₦ 1,000,000,000 View all Flats for Sale Lands for Sale ₦ 4,500,000 per square meter View all Lands for Sale All 3,725 listings Browse every type in Banana Island

Some available property in Banana Island

5 Bedroom Detached House with Amazing Amenities

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₦5,500,000,000

Detached duplex for sale

5 Bedroom Detached House with Amazing Amenities

Banana Island, Ikoyi, Lagos Added today

5 5 5 5

VR Realty

5 Bedroom Detached House with Amazing Amenities — Banana Island, Ikoyi, Lagos

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₦5,500,000,000

Detached duplex for sale

5 Bedroom Detached House with Amazing Amenities

Banana Island, Ikoyi, Lagos Added today

5 beds 5 baths 5 toilets 5 Parking

VR Realty

Premium Verified Photos

$760,000

Flat / apartment for sale

3 Bedroom Apartment

For sale (Currently Under Construction) 3 Bedroom Apartments with world class amenities and unmatched elegance. Location: Banana Island, Ikoyi. Price: $760,000(USD) or the equivalent sum in Naira at the prevailing exchange rate. ~ Secure a unit with installment payments upon completion. Indulge in : - Gym & Spa - Sauna - Coffee Shop & Salon - Multi-level Car Park/Parking lot - Suspended Swimming Pool - State-of-the-Art Finishing - Fully Fitted Kitchen - Breathtaking Ocean & City Views - Modern Elevator - 24-Hour Concierge - Round-the-Clock Security ...and so much more. Nestled in the prestigious Banana Island, Ikoyi --- offering serenity, prestige, and exceptional investment value. Experience the lifestyle you deserve, in the address everyone desires. ~ Limited units are available! For further enquiries and guided viewings, kindly contact us on 07065266133, 07010281009 Email:[email protected]

Banana Island, Ikoyi, Lagos

3 3 4

Bera Deals

3 Bedroom Apartment — Banana Island, Ikoyi, Lagos

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$760,000

Flat / apartment for sale

3 Bedroom Apartment

Banana Island, Ikoyi, Lagos

3 beds 3 baths 4 toilets

Bera Deals

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$1,600,000

Terraced duplex for sale

4 Bedroom Maisonette with BQ

For sale (Currently Under Construction) 4 Bedroom Maisonnettes with BQs with world class amenities and unmatched elegance. Location: Banana Island, Ikoyi. Price: $1.6m(USD) or the equivalent sum in Naira at the prevailing exchange rate. ~ Secure a unit with installment payments upon completion. Indulge in : - Gym & Spa - Sauna - Coffee Shop & Salon - Multi-level Car Park/Parking lot - Suspended Swimming Pool - State-of-the-Art Finishing - Fully Fitted Kitchen - Breathtaking Ocean & City Views - Modern Elevator - 24-Hour Concierge - Round-the-Clock Security ...and so much more. Nestled in the prestigious Banana Island, Ikoyi --- offering serenity, prestige, and exceptional investment value. Experience the lifestyle you deserve, in the address everyone desires. ~ Limited units are available! For further enquiries and guided viewings, kindly contact us on 07065266133, 07010281009 Email:[email protected]

Banana Island, Ikoyi, Lagos

4 4 5 4

Bera Deals

4 Bedroom Maisonette with BQ — Banana Island, Ikoyi, Lagos

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$1,600,000

Terraced duplex for sale

4 Bedroom Maisonette with BQ

Banana Island, Ikoyi, Lagos

4 beds 4 baths 5 toilets 4 Parking

Bera Deals

Massive Waterfront 6 Bedroom Fully Detached House

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$7,500,000

Detached duplex for sale

Massive Waterfront 6 Bedroom Fully Detached House

Investor's Delight -- Luxury Waterfront Property in Banana Island Foreshore Estate, Ikoyi, Lagos. Price: $7,500,000 (Or the equivalent in Naira at the prevailing exchange rate). Total land size : 2,245 sqmt. (Kindly note that the bareland before the water is selling with the building). Title: Global Certificate of Occupancy (CofO), Deed of Supplementary Grant, Registered Deed of Assignment. Property Overview: This exceptional 6-bedroom fully detached home is a true gem for discerning investors, located in one of Lagos' most prestigious and secure neighborhoods---Banana Island Foreshore Estate. The property offers breathtaking waterfront views of the Lagos Lagoon and is perfectly positioned within a private mini-estate for maximum privacy and exclusivity. Spread across three luxurious floors, this residence includes a detached 2-room servant quarters, designed to complement a high-end lifestyle. Key Features & Amenities: - Premium Interior Furnishings - Private Elevator for seamless floor access - Large Swimming Pool & Stylish Pool Lounge - Fully Fitted Kitchen with modern appliances - Ample Parking Space - Air Conditioning Systems throughout - Central Water Heating System - CCTV Security System - Automated Entry Gate - Waterfront property with provision for a Jetty Why Invest Here? - Prime waterfront location in Lagos' most sought-after residential address - High rental and resale value due to location and luxury specifications - Move-in ready with premium furnishing and smart automation - Perfect for luxury residence, corporate lease, or high-end short let investment. For further enquiries and viewings kindly contact us on 07065266133, 07010281009 Email : [email protected]

Banana Island, Ikoyi, Lagos

6 6 7

Bera Deals

Massive Waterfront 6 Bedroom Fully Detached House — Banana Island, Ikoyi, Lagos

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$7,500,000

Detached duplex for sale

Massive Waterfront 6 Bedroom Fully Detached House

Banana Island, Ikoyi, Lagos

6 beds 6 baths 7 toilets

Bera Deals

Newly Built 5 Bedroom Semi-Detached House

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₦2,000,000,000

Semi-detached duplex for sale

Newly Built 5 Bedroom Semi-Detached House

For sale 5 Bedroom Semi-detached House with a Boy's Quarter. This duplex is located in a beautiful, serene, highly secured neighborhood in Ikoyi, Lagos. Location : Banana Island Estate, Ikoyi, Lagos. Price: ₦2 Billion Naira. Title: Governor's Consent, deed of assignment & building approvals. Features include : - 5 En-suite bedrooms. - 1 Room Boys' Quarter (BQ). - Elevator/Lift. - Ante room/Foyer - Visitor's Toilet. - 2 Living Rooms /family lounges. - Dining area. - Rooftop terrace. - Fully equipped kitchen with a pantry - Box/storage room. - Study/Home Office. - Modern fittings and fixtures. - Cctv surveillance cameras. - In-built speakers. - Smoke detectors and fire alarm system. - Security guards. - Cleaners. - Fully serviced. For further enquiries and inspection kindly contact us on 07065266133, 07010281009 Email: [email protected] We have other Listings in Banana Island Estate, Falomo Osborne, Parkview Estate, Old Ikoyi, 2nd Avenue Estate, 3rd Avenue, Abacha Estate, Abdullahi Adamu Estate, Awolowo Road Ikoyi, Banana Island, Bourdillon Road, Cooper Road, Dolphin Estate Estates, Gerrard Road, Grenadines Skyvilla, Mojisola Onikoyi Estate, Osborne Foreshore Estate, Osborne Phase 1, Glover Road, Osborne Phase 2, Queen's Drive, Shoreline Estate

Banana Island, Ikoyi, Lagos

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Bera Deals