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.

Fully Detached 5 Bedroom House Plus 2 Separate Rooms Service Quarters — Off Abia Street, Banana Island, Ikoyi, Lagos
Premium
6
₦125,000,000 /yr

Detached duplex for rent

Fully Detached 5 Bedroom House Plus 2 Separate Rooms Service Quarters

Direct Brief for Lease Fully detached 5 bedroom house plus 2 separate rooms service quarters with security house and ample parking space. Location: Off Abia Street, Banana Island, Ikoyi Rental price: 125 million per annum Note: Currently undergoing renovations. External pictures available on request.

Off Abia Street, Banana Island, Ikoyi, Lagos
5 beds 5 baths 6 toilets 8 Parking
Absaat Property Service Limited
A 5 Bedroom Terraced Apartment — Off 3rd Avenue, Banana Island, Ikoyi, Lagos
Premium
8
₦80,000,000 /yr

Terraced duplex for rent

A 5 Bedroom Terraced Apartment

Semi-Direct Brief for lease: Description: 5 Bedroom Terrace Apartment located off 3rd Avenue, Banana Island, Ikoyi a well-finished 5-bedroom terrace apartment in one of Lagos's most exclusive and secure neighbourhoods. 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: N80,000,000 per annum Service charge: N6 million deposit including diesel Agency: 10% Legal: 10% Caution: 5% Pictures available upon request.

Off 3rd Avenue, Banana Island, Ikoyi, Lagos
5 beds 5 baths 6 toilets 5 Parking
Absaat Property Service Limited
5 Bedroom Semi Detached Duplex — Banana Island, Ikoyi, Lagos
Premium
20
₦80,000,000 /yr

Semi-detached duplex for rent

5 Bedroom Semi Detached Duplex

Rent notification ️️ 5 Bedroom Semidetached Duplex Duplex Location Ikoyi, Lagos Rent: 80M Caution Fee: 10% Legal Fee: 10% Agency Fee: 10% Feature's: - All rooms en-suite - ⁠Fully fitted kitchen - ⁠Family lounge - ⁠Concrete flooring - ⁠Secure Estate - ⁠Spacious rooms - ⁠Cinema - ⁠Water heater - ⁠Walk-in shower - ⁠Walk-in closet - ⁠Car port - ⁠Study room

Banana Island, Ikoyi, Lagos
5 beds 5 baths 6 toilets
Best Idea Realty
Luxury 5 Bedroom Semi Detached House +bq+elevator+cinema X 2 Years — Banana Island Estate, Banana Island, Ikoyi, Lagos
Premium
13
₦80,000,000 /yr

Semi-detached duplex for rent

Luxury 5 Bedroom Semi Detached House +bq+elevator+cinema X 2 Years

Direct clients only Newly built 5 bedroom semi detached house + bq+ cinema room+ elevator etc in banana island estate ikoyi Rent: n80m x 2yrs Call prince ademola osinuga now to pay & move in immediately 08124269637 Wesemoyinconsultz@gmail. Com Luxurybargainsmarket@gmail. Com

Banana Island Estate, Banana Island, Ikoyi, Lagos
5 beds 5 baths 6 toilets 2 Parking
Prince Ademola Osinuga International
Luxury Finished Serviced 5 Bedroom Terrace with a Room BQ — Banana Island, Ikoyi, Lagos
Premium
20
₦80,000,000 /yr

Terraced duplex for rent

Luxury Finished Serviced 5 Bedroom Terrace with a Room BQ

Luxury Finished Serviced 5 Bedroom Terrace with a Room Bq For Rent. Features: - 24 hours powersupply - Swimming pool - Gym - Fitted kitchen - Fitted with Air Conditioning Units - In-built speakers - Dinning area - Spacious livingroom and bedrooms - Family lounge upstairs - Balcony - All rooms en-suite - A room Bq - Designated parking space - Topnotch serene and secured highbrow estate, e.t.c. Rent: N80,000,000 per annum Service charge: N6 million deposit including diesel Agency: 10% Legal: 10% Caution: 5% Location: Banana Island Estate For Inspection Bookings, kindly Contact Aruofeg Enterprise: 08074577210 or 08057989376

Banana Island, Ikoyi, Lagos
5 beds 5 baths 6 toilets
Aruofeg Enterprise
Luxury 5 Bedroom Maisonette — Banana Island, Ikoyi, Lagos
Premium
22
$100,000 /yr

Terraced duplex for rent

Luxury 5 Bedroom Maisonette

Luxury 5 bedroom en-suite Maisonette duplex let/lease plus BQ Premium luxury apartments + For rent Location - banana island ikoyi rent - 100,000 usd Exquisitely finished 5 bedroom Maisonette for rent located in the prestigious and exclusive residential neighborhood, in banana island ikoyi Lagos Some of the amazing features include: - private ⁠Elevator - En-suite Bedrooms - Fully Fitted Kitchen - Fully Fitted Bathroom - Fitted A/C's -swimming pool - living areas - ⁠Family Lounge - Sit-out Balcony -gym - standby generator -roof top terrace - Electricity -serene environment -Ample parking Etc

Banana Island, Ikoyi, Lagos
5 beds 5 baths 6 toilets 5 Parking
S a Reality
5 Bedroom Terrace Apartment Duplex — Banana Island, Ikoyi, Lagos
Premium
11
₦80,000,000 /yr

Terraced duplex for rent

5 Bedroom Terrace Apartment Duplex

5 Bedroom Terrace Apartment located 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: N80,000,000 per annum Service charge: N6 million deposit including diesel Agency: 10% Legal: 10% Caution: 5%

Banana Island, Ikoyi, Lagos
5 beds 6 baths 6 toilets 2 Parking
D&D Properties
Luxurious 5 Bedroom Terrace Duplex + BQ — Banana Island, Ikoyi, Lagos
Premium
17
₦80,000,000 /yr

Terraced duplex for rent

Luxurious 5 Bedroom Terrace Duplex + BQ

for Lease* Description: 5 Bedroom Terrace Apartment located off 3rd Avenue,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: N80,000,000 per annum Service charge: N6 million deposit including diesel Agency: 10% Legal: 10% Caution: 5% Val

Banana Island, Ikoyi, Lagos
5 beds 5 baths 6 toilets
Jabisco Development Company Limited
5 Bedroom Terrace Apartment — 3rd Avenue, Banana Island, Ikoyi, Lagos
Premium
11
₦80,000,000 /yr

Terraced duplex for rent

5 Bedroom Terrace Apartment

Semi-Direct Brief for lease: Description: 5 Bedroom Terrace Apartment located off 3rd Avenue, 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 Agency: 10% Legal: 10% Caution: 5% Pictures available upon request.

3rd Avenue, Banana Island, Ikoyi, Lagos
5 beds 5 baths 6 toilets 5 Parking
Absaat Property Service Limited
3 Units of 5 Bedrooms Detached House + 2BQ, Pool — Banana Island, Ikoyi, Lagos
Premium
15
$180,000 /yr

Detached duplex for rent

3 Units of 5 Bedrooms Detached House + 2BQ, Pool

Now letting; 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

Banana Island, Ikoyi, Lagos
5 beds 5 baths 6 toilets 6 Parking
360 Degree Properties LTD
5 Bedroom Terraced Duplex — Banana Island, Ikoyi, Lagos
Featured
5
₦65,000,000 /yr

House for rent

5 Bedroom Terraced Duplex

CW09804 a spacious 5-bedroom terrace duplex with a Boys' Quarters (BQ) located in the exclusive Banana Island. Designed for comfortable family living, this residence offers generous living spaces, a serene environment, and the prestige of one of Lagos' most sought-after residential communities. Rental Details Rent: ₦65,000,000 per annum Additional Charges Service Charge: ₦6,000,000 Caution Deposit: ₦2,500,000 Legal Fee: 10% Agency Fee: 10% Caution Fee: 10% Features & Amenities 5 Spacious En-Suite Bedrooms 1 Boys' Quarters (BQ) Spacious Compound Premium Banana Island Location Highlights Located in an Exclusive Gated Community Spacious Family-Friendly Layout Secure and Serene Environment Ideal for Families, Executives, and Expatriates Easy Access to Ikoyi, Victoria Island, Top Schools, Fine Dining Restaurants, Shopping Centres, Marinas, and Major Business Districts Location: Banana Island, Ikoyi, Lagos An excellent opportunity to lease a spacious terrace duplex in Banana Island, offering comfort, privacy, and an exclusive lifestyle within one of Lagos' most prestigious residential addresses. For more Information, Pricing and Private Viewings Please Contact: Olade: +234 810 875 5286 Lilian: 09062511340 Email: [email protected] 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 5 baths 6 toilets
C W Real Estate
Spacious 5 Bedrooms Terraced Duplex with BQ — Banana Island Road, Banana Island, Ikoyi, Lagos
Featured
11
₦40,000,000 /yr

Terraced duplex for rent

Spacious 5 Bedrooms Terraced Duplex with BQ

Spacious 5 bedroom terraced duplex with bq Rent: 40 million Location: Banana island, ikoyi lagos Agency:10% Caution:10% Legal:10% Service charge:TBD

Banana Island Road, Banana Island, Ikoyi, Lagos
5 beds 6 baths 6 toilets 4 Parking
Wave Properties
Cozy Classic 5 Bedroom Terrace — Banana Island, Ikoyi, Lagos
Featured
7
₦70,000,000 /yr

Terraced duplex for rent

Cozy Classic 5 Bedroom Terrace

For lease: Description: 5 Bedroom Terrace Apartment located off 3rd Avenue, Banana Island, Ikoyi a well-finished 5bedroom 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.!alo Property Features - 5 Bedrooms (all en-suite) - Swimming Pool - Fully Fitted Kitchen - Boys' Quarters (BQ) - Secure and Private Environment Rent: N70,000,000 per annum Service charge: N6 million deposit including diesel Agency: 10% Legal: 10% Caution: 5%

Banana Island, Ikoyi, Lagos
5 beds 6 baths 6 toilets 5 Parking
Luxurious Properties & Autos
Spacious 5 Bedroom Detached Duplex with 2 BQ in a Serene Environment — Banana Island, Ikoyi, Lagos
Featured
7
₦120,000,000 /yr

House for rent

Spacious 5 Bedroom Detached Duplex with 2 BQ in a Serene Environment

Banana Island, Ikoyi, Lagos
5 beds 6 baths 6 toilets
M.O. Prestige Properties
5 Bedroom Fully Detached Duplex with BQ, Swimming Pool — Off 5th Avenue, Banana Island, Ikoyi, Lagos
Featured
11
₦170,000,000 /yr

Detached duplex for rent

5 Bedroom Fully Detached Duplex with BQ, Swimming Pool

For lease: A spacious 5 Bedroom Detached House with Servant Quarters, strategically located in the prestigious Banana Estate, Ikoyi. Location:Off 5th Avenue, Banana Island, Ikoyi Property Details - 5 Bedrooms - Servant Quarters - Swimming Pool - 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% Call/Whatsapp - 07035299955/08025262007

Off 5th Avenue, Banana Island, Ikoyi, Lagos
5 beds 5 baths 6 toilets 8 Parking
Sinclaire Homes LTD
Well Finished 5 Bedroom Terrace Duplex — Banana Island, Ikoyi, Lagos
Featured
20
₦80,000,000 /yr

Terraced duplex for rent

Well Finished 5 Bedroom Terrace Duplex

For lease: Description: 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: N80,000,000 per annum Service charge: N6 million deposit including diesel Agency: 10% Legal: 10% Caution: 5%

Banana Island, Ikoyi, Lagos
5 beds 5 baths 5 toilets
Starriest Global Properties
Ultra-Luxury 5 Bedroom Fully Detached Smart Home with Infinity Pool — Banana Island, Ikoyi, Lagos
Featured
17
₦150,000,000 /yr

Detached duplex for rent

Ultra-Luxury 5 Bedroom Fully Detached Smart Home with Infinity Pool

EC00266 Ultra-Luxury 5 Bedroom Fully Detached Smart Home with Infinity Pool, Elevator & Cinema - Banana Island - ₦150M Per Annum Experience world-class luxury in this exceptional fully detached residence situated within the prestigious Banana Island enclave. Designed for discerning executives, expatriates, and high-net-worth families, this smart home combines sophisticated architecture, premium amenities, and unmatched privacy in one of Africa's most exclusive residential communities. Location: Banana Island, Lagos Rent: ₦150,000,000 Per Annum Tentative Total Package: ₦195,000,000 Service Charge: ₦10,000,000 Per Annum Additional Charges: - Agency -- 10% - Legal -- 10% - Caution -- 10% Features, Facilities & Functionalities: - 5 En-Suite Bedrooms - 2-Room Boys' Quarters (BQ) - Private Elevator - Infinity Swimming Pool - Home Cinema - Dedicated Office Space - Smart Home Automation System - 2 Spacious Living Rooms - Fully Fitted Designer Kitchen - Premium Interior Finishes - Luxury Bathroom Fixtures - Contemporary Architectural Design - Ample Parking Space - Secure Residential Environment - Prestigious Neighborhood - Excellent Road Network Lifestyle & Investment Highlights: - Prime Banana Island Location - Prestigious Residential Address - Expatriate-Friendly Community - Ultra-Luxury Lifestyle Living - High-Security Environment - Smart Home Technology - Exclusive Waterfront District - Premium Estate Amenities - Exceptional Privacy & Prestige - One of Lagos' Most Coveted Addresses Neighbouring Landmarks: - Banana Island Waterfront - Bourdillon Road - Osborne Foreshore Estate - Ikoyi Club 1938 - Lagos Motor Boat Club - Victoria Island Business District For Enquiries & Private Inspection: Edmund Castle International Realty +234 802 268 9293 WhatsApp: +44 7917 905490 [email protected] Instagram: @edmundcastle.lagos @edmundcastle.london @edmundcastle.uae

Banana Island, Ikoyi, Lagos
5 beds 5 baths 5 toilets
Edmund Castle Properties
Premium 5-Bedroom Fully Detached Duplex with 2-Room BQ — Banana Island, Ikoyi, Lagos
Featured
9
₦120,000,000 /yr

Detached duplex for rent

Premium 5-Bedroom Fully Detached Duplex with 2-Room BQ

Premium 5-bedroom fully detached duplex with 2-room BQ for rent in banana island, ikoyi, lagos Annual Rent: ₦120 Million Property Highlights: - Private Self Compound - Ample Parking Space - 2 Separate Service Quarters - Security House Neighbourhood Profile: - Prestigious address in the exclusive Banana Island, Ikoyi - Gated estate with strict access control and 24/7 security - Serene, low-density neighbourhood offering exceptional privacy - Minutes from top business districts including Ikoyi, Victoria Island, and Lekki via the Ikoyi Link Bridge - Close to premium schools, fine dining, waterfront leisure facilities, and other luxury lifestyle destinations Control your lifestyle and social capital through real estate. Have a specific property goal? Speak with us to discuss your specific requirements. Important note: Only direct clients or principal mandates are welcome. Kindly note that inquiries from third parties will not be responded to. With fortmichan, you control your capital with real estate

Banana Island, Ikoyi, Lagos
5 beds
Fortmichan Real Estate Services
Tastefully Built 5 Bedroom Semi Detached Duplex with BQ Communal Pool — Banana Island, Ikoyi, Lagos
Featured
11
₦80,000,000 /yr

Semi-detached duplex for rent

Tastefully Built 5 Bedroom Semi Detached Duplex with BQ Communal Pool

Tastefully Built 5 Bedroom Semi Detached + BQ + Communal Swimming Pool Banana island Road Rent: N80m Service charge: N3.9 Million Naira Power: N400 Niara per kilowatt Diesel deposit: N200k Monthly Contribution* Caution fees: 10% Legal fees: 10% Agency fees: 10% - Living room - Modern fitted kitchen - BQ(self contained) - Communal swimming pool - 24/7 security & well maintained Estate - Ample parking space M3 Ela29jl

Banana Island, Ikoyi, Lagos
5 beds 5 baths 6 toilets
Lexiuniverse
Exquisitely Finished 5 Bedrooms +BQ Terrace with Swimming Pool — 3rd Avenue, Banana Island, Ikoyi, Lagos
Featured
12
₦70,000,000 /yr

Terraced duplex for rent

Exquisitely Finished 5 Bedrooms +BQ Terrace with Swimming Pool

For lease: Description: 5 Bedroom Terrace Apartment located off 3rd Avenue, 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: N70,000,000 per annum Service charge: N6 million deposit including diesel Agency: 10% Legal: 10% Caution: 5% Pictures available upon request.

3rd Avenue, Banana Island, Ikoyi, Lagos
5 beds 6 toilets
Harpiavision Intl Limited

Showing 101–120 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.