Nigeria Property Centre

5 Bedroom Property for Rent in Banana Island, Ikoyi, Lagos

There are 257 flats, houses, land and commercial properties for rent in Banana Island as of 12 Aug 2026, with an average price of ₦120M. 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.

Luxury 5 Bedroom Fully Detached Duplex — Banana Island, Ikoyi, Lagos
Premium
22
₦120,000,000 /yr

Detached duplex for rent

Luxury 5 Bedroom Fully Detached Duplex

5-Bedroom - Banana Island - ₦150M/Year For Rent: Luxury 5-bedroom fully detached house with 2-room Boys' Quarters, elevator, infinity pool, cinema, and premium smart home features, located in the exclusive Banana Island Location: Banana Island, Lagos Rent: ₦120,000,000 per annum Tentative Total Package: ₦195,000,000 Service Charge: ₦10,000,000 per annum Charges: Agency -- 10% - Legal -- 10% - Caution -- 10% Comes With: 2-room Boys' Quarters - Elevator - Infinity swimming pool - Cinema - Office space - Home automation system - 2 spacious living rooms - All rooms ensuite - Modern fitted kitchen - Luxury finishing - Ample parking - Secure environment - Prime location - Exclusive neighborhood

Banana Island, Ikoyi, Lagos
5 beds 5 baths 6 toilets 4 Parking
Regal Affluence Realty
5 Bedroom Terrace and BQ — Banana Island, Ikoyi, Lagos
Premium
10
₦65,000,000 /yr

Terraced duplex for rent

5 Bedroom Terrace and BQ

Banana island 5 bedroom terrace plus 1 BQ 65M price 6M service charge 2.5M caution deposit 10% legal Agency 10%

Banana Island, Ikoyi, Lagos
5 beds 5 baths 6 toilets
Ikon Realty World LTD
Spacious 5 Bedroom Detached Duplex + BQ — Banana Island, Ikoyi, Lagos
Premium
23
₦150,000,000 /yr

Detached duplex for rent

Spacious 5 Bedroom Detached Duplex + BQ

- Banana island, ikoyi a spacious 5 Bedroom Detached House with Inbuilt Service Quarters, strategically located within the prestigious Banana Estate, Ikoyi. Location: Banana Island, Ikoyi Property Details - ️ 5 Bedrooms - 🧑‍ Inbuilt Service Quarters - ️ Spacious Living Areas - Functional Kitchen Layout - Parking for 6 to 8 cars - Secure & Serene Residential Environment Rent: ₦150,000,000 Caution Deposit: 10% Agency Fee: 10% Legal Fee: 10% Call to book your private inspection today SlvKel

Banana Island, Ikoyi, Lagos
5 beds 5 baths 6 toilets 8 Parking
360 Degree Properties LTD
Luxury 5 Bedroom Fully Detached Duplex — Banana Island, Ikoyi, Lagos
Premium
9
₦150,000,000 /yr

Detached duplex for rent

Luxury 5 Bedroom Fully Detached Duplex

S/direct duplex letting at banana island ikoyi Exquisite 5 Bedroom fully detached duplex with BQ. fitted kitchen with amenities, large living room with balconies and ample parking space. Location = Banana Island Rent = N150M Agency = 10% Legal = 10% Caution = 10%

Banana Island, Ikoyi, Lagos
5 beds 6 baths 6 toilets
Winfort Resources Limited
5 Bedroom Detached House with 1 Room Service Quarters — Banana Island, Ikoyi, Lagos
Premium
9
₦150,000,000 /yr

Detached duplex for rent

5 Bedroom Detached House with 1 Room Service Quarters

For lease Property Description: 5 Bedroom Detached House with 1 Room Service Quarters Features: - Gym House - Swimming Pool - Security Gatehouse Location: 501 Close, Off 5th Avenue, Banana Island, Ikoyi, Lagos Rent: ₦150M per annum

Banana Island, Ikoyi, Lagos
5 beds 5 baths 6 toilets 5 Parking
Tenvo Ventures
Luxury 5-Bedroom Fully Detached House with 2-Room Service Quarters — Banana Island, Ikoyi, Lagos
Premium
7
₦125,000,000 /yr

Detached duplex for rent

Luxury 5-Bedroom Fully Detached House with 2-Room Service Quarters

For lease: Description: Luxury 5-Bedroom Fully Detached House with 2-Room Service Quarters Location: Residential part of Banana Island, Ikoyi Rent: N125 million per annum Agency, Legal & Caution deposit 10% each

Banana Island, Ikoyi, Lagos
5 beds 5 baths 6 toilets 5 Parking
Laser Estate Services
Well Maintained 5 Bedroom Terrace Duplex with BQ — Banana Island, Ikoyi, Lagos
Premium
14
₦65,000,000 /yr

Terraced duplex for rent

Well Maintained 5 Bedroom Terrace Duplex with BQ

Well maintained 5 bedroom Terrace duplex with BQ Rent 65m Agency 10% Legal 10% Service Charge 6.5m caution 10% awdesth

Banana Island, Ikoyi, Lagos
5 beds 5 baths 6 toilets
Awodd Properties LTD
5 Bedroom Terraced Duplex — Banana Island, Ikoyi, Lagos
Premium
10
₦60,000,000 /yr

Terraced duplex for rent

5 Bedroom Terraced Duplex

CW08934 5-Bedroom Terrace Duplex in Ikoyi This well-appointed 5-bedroom terrace duplex offers a blend of comfort, convenience, and exclusivity within the prestigious Banana Island community. Situated in a secure and serene environment, the property is designed for modern living, featuring spacious interiors, quality finishes, and access to premium lifestyle amenities. With uninterrupted power supply, a fully fitted kitchen, and recreational facilities, this home is ideal for professionals, expatriates, and families seeking a premium rental property in one of Lagos' most sought-after residential addresses. Property Features - 5 Spacious En-Suite Bedrooms - Fully Fitted Kitchen - Spacious Living and Dining Areas - 24/7 Power Supply - Swimming Pool - 1 Room Boys' Quarters (BQ) - Located Within a Secure Estate - Well-Maintained Environment - Ample Parking Space Ideal Tenant This property is ideal for executives, expatriates, diplomats, and families seeking a secure, upscale residence in Banana Island with excellent amenities and easy access to Ikoyi and Victoria Island. Price ₦60,000,000 Per Annum For more Information, Pricing and Private Viewings Please Contact: Adaeze: 08166315298 Lilian: 09062511340 Email: [email protected] Website: www.cwlagos.com We are Social! Check out other Fantastic Premium Listings on our Social Media Platforms IG: @cwrelagos Twitter: @cwrelagos Facebook: @cwrealestate

Banana Island, Ikoyi, Lagos
5 beds 3 baths 6 toilets
C W Real Estate
Fully Service 5 Bedroom Semi Detached Duplex with BQ — Banana Island, Ikoyi, Lagos
Premium
14
₦80,000,000 /yr

Semi-detached duplex for rent

Fully Service 5 Bedroom Semi Detached Duplex with BQ

Direct from mandate letting at banana island road ikoyi* Serviced 5-Bedroom semi detached house with BQ -Living room -Modern fitted kitchen -BQ(self contained) -Communal swimming pool -24/7 security & well maintained Estate -Ample parking space Location: Off Banana Island Road, Ikoyi Rent: N80M/annum SC = N3.9M Power = 400 Naira/kilowatt Diesel Contribution = N200k Agency = 10% Legal = 10% Caution = 10% Light is 24hrs every day

Banana Island, Ikoyi, Lagos
5 beds 6 baths 6 toilets 5 Parking
Winfort Resources Limited
Contemporary 5 Bedroom Detached Duplex with Service Quarters — Banana Island, Ikoyi, Lagos
Premium
16
₦170,000,000 /yr

Detached duplex for rent

Contemporary 5 Bedroom Detached Duplex with Service Quarters

Contemporary 5 Bedroom Detached Duplex with Service Quarters Features: - 5 Bedrooms. - Inbuilt Service Quarters. - Spacious Living Areas. - Functional Kitchen Layout. - Parking for 6 to 8 cars. - Secure and Serene Residential Environment. Location: Ikoyi, Lagos, Nigeria Rent: ₦170,000,000 per annum Caution deposit: 10% Agency fee: 10% Legal fee: 10% For enquiries and viewing, Forward a direct message or call WhatsApp: (+234) 08050706179, 09053588569, 08154029096 Office: Suite C3, yob shopping complex, Ologolo road, Lekki Peninsula II, Lagos, Nigeria Website: www.overhplusproperties.com

Banana Island, Ikoyi, Lagos
5 beds 5 baths 6 toilets 8 Parking
Overhplus Properties Limited
Massive 5 Bedrooms Detached House with Pool — Residential Zone, Banana Island, Ikoyi, Lagos
Premium
3
₦130,000,000 /yr

Detached duplex for rent

Massive 5 Bedrooms Detached House with Pool

5bedrooms detached with bq and pool for rent in banana. Owner wants 2yrs

Residential Zone, Banana Island, Ikoyi, Lagos
5 beds 5 baths 6 toilets 12 Parking
Planwell Homes
5 Bedroom Terrace with BQ — Banana Island, Ikoyi, Lagos
Premium
8
₦65,000,000 /yr

Terraced duplex for rent

5 Bedroom Terrace with BQ

5 bedroom terrace plus 1 BQ 65M for rent 6M service charge 2.5M caution deposit A.L 10% each

Banana Island, Ikoyi, Lagos
5 beds 5 baths 6 toilets 4 Parking
Planwell Homes
5 Bedroom Detached Duplex with 1 Room Service Quarters — Banana Island, Ikoyi, Lagos
Premium
15
₦170,000,000 /yr

Detached duplex for rent

5 Bedroom Detached Duplex with 1 Room Service Quarters

For lease Property Description: 5 Bedroom Detached House with 1 Room Service Quarters Features: - Gym House - Swimming Pool - Security Gatehouse Location: Banana Island, Ikoyi, Lagos Rent: ₦170M per annum Contact Patrioric Homes & Property Ltd to schedule an inspection/Viewing #ubos -#PatrioticHomes #Annabel

Banana Island, Ikoyi, Lagos
5 beds 5 baths 6 toilets
Patriotic Homes & Property LTD
A Fully Detached 5 Bedroom Duplex with BQ — Banana Island, Ikoyi, Lagos
Premium
16
₦150,000,000 /yr

Detached duplex for rent

A Fully Detached 5 Bedroom Duplex with BQ

A fully detached luxury 5 bedroom house plus 1 room service quarters. With security house and ample parking space and swimming pool Location: Banana Island, Ikoyi Rental price: 150 million per annum Note: Renovations to be do done

Banana Island, Ikoyi, Lagos
5 beds 5 baths 6 toilets
John360homes
A 5 Bedroom Fully Detached Duplex with 2BQ — Banana Island, Ikoyi, Lagos
Premium
5
₦125,000,000 /yr

Detached duplex for rent

A 5 Bedroom Fully Detached Duplex with 2BQ

A fully detached luxury 5 bedroom house plus 2 separate rooms service quarters. With security house and ample parking space Location: In a quiet and serene Close, Off Abia Street, Banana Island, Ikoyi Rental price: 125 million per annum Note: Renovations completed.

Banana Island, Ikoyi, Lagos
5 beds 5 baths 6 toilets
John360homes
Luxury 5 Bedrooms Semi Detached Duplex with Swimming Pool and Gym, BQ — Banana Island, Ikoyi, Lagos
Premium
11
₦75,000,000 /yr

Semi-detached duplex for rent

Luxury 5 Bedrooms Semi Detached Duplex with Swimming Pool and Gym, BQ

For rent 4 bedroom semidetached duplex with BQ Location: Banana Island Road Ikoyi, Lagos Rent: 75m Legal: 10% Agency: 10% Caution: 10% Service charge: 3m Features - Fully Fitted Kitchen - pop Ceilings - Water Treatment - 24/7 Security - Fully serviced - Gym - Relaxation area - Water heater - Inbuilt speakers - Walk-in Shower - Swimming pool - Bq - 24hrs power

Banana Island, Ikoyi, Lagos
5 beds 5 baths 6 toilets 6 Parking
Benlary Reality Home
2 Units of Spacious 5 Bedroom with 1 Room BQ — Banana Island, Ikoyi, Lagos
Premium
1
₦40,000,000 /yr

Terraced duplex for rent

2 Units of Spacious 5 Bedroom with 1 Room BQ

2 Units of Spacious 5-Bedroom Terrace Houses with 1-Room BQ Banana Island Road, Ikoyi Features: Spacious living areas 5 en-suite bedrooms 1-room Boys' Quarters (BQ) 3--4 car parking spaces per unit Prime and secure location Rent: ₦40 Million per annum (per unit) Service charge: TBD

Banana Island, Ikoyi, Lagos
5 beds 5 baths 6 toilets 4 Parking
Profinir Homes (Pro-Finir Nigeria Limited)
5 Bedroom Semi Detached with BQ — Banana Island, Ikoyi, Lagos
Premium
8
₦150,000,000 /yr

Detached duplex for rent

5 Bedroom Semi Detached with BQ

For rent ️ Location; banana island* 5 bedroom detached house with bq on 600sqm in Banana Island. Comes with swimming, one room bq with kitchenette Price: 150 million per annum Location: Residential area of Banana Island Caution: 5 million Agency: 10% Legal: 10% Ref no Sha Come with your direct client

Banana Island, Ikoyi, Lagos
5 beds 5 baths 6 toilets
Milebrook Investment Limited
5 Bedroom Detached Duplex + BQ, Swimming Pool, Fitted Kitchen — Banana Island, Ikoyi, Lagos
Premium
13
₦170,000,000 /yr

Detached duplex for rent

5 Bedroom Detached Duplex + BQ, Swimming Pool, Fitted Kitchen

For lease in banana island: 5 bedroom detached house with bq on 600sqm in Banana Island. Comes with swimming, one room bq with kitchenette Price: 170 million per annum Location: Residential area of Banana Island Caution: 5 million Agency: 10% Legal: 10% SlvKl

Banana Island, Ikoyi, Lagos
5 beds 5 baths 6 toilets 6 Parking
360 Degree Properties LTD
A Spacious 5 Bedroom Detached House with Inbuilt Service Quarters, — Banana Island, Ikoyi, Lagos
Premium
9
₦170,000,000 /yr

Detached duplex for rent

A Spacious 5 Bedroom Detached House with Inbuilt Service Quarters,

For lease: Description: A spacious 5 Bedroom Detached House with Inbuilt Service Quarters, strategically located within the prestigious Banana Estate, Ikoyi. Location: Banana Island, Ikoyi Property Details - 5 Bedrooms - Inbuilt Service Quarters - Spacious Living Areas - Functional Kitchen Layout - Parking for 6 to 8 cars - Secure & Serene Residential Environment Rent: ₦170,000,000 Caution Deposit: 10% Agency Fee: 10% Legal Fee: 10% Pictures available upon request.

Banana Island, Ikoyi, Lagos
5 beds 5 baths 6 toilets
O B I S Real Property LTD

Showing 41–60 of 257 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 5 bedroom flats, houses, land and commercial property for rent in Banana Island, Ikoyi, Lagos is ₦120,000,000 per annum.

The price of the most expensive 5 bedroom flats, houses, land and commercial property for rent in Banana Island, Ikoyi, Lagos is ₦170,000,000 per annum.

The price of the cheapest 5 bedroom flats, houses, land and commercial property for rent in Banana Island, Ikoyi, Lagos is ₦35,000,000 per annum.

There are 257 available 5 bedroom 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.