Nigeria Property Centre

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

There are 260 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.

Property type
Flats Houses Commercial property Land Event Centres / Venues
Neighbourhoods
3rd Avenue
Features
Furnished Unfurnished
All areas in Ikoyi

121–140 of 260 properties for rent

Luxury 5 Bedrooms Fully Furnished Apartment with Swimming Pool and Gym — Banana Island, Ikoyi, Lagos
Featured
5
₦40,000,000 /yr

House for rent

Luxury 5 Bedrooms Fully Furnished Apartment with Swimming Pool and Gym

Direct Brief for lease: Description: 5 Bedroom Semi-detached house with a room bq for commercial use Location: 18b, Anthony Etukudo street, Lekki phase 1 Rent: N40m per annum Agency fee: 10% Legal fee: 10% Caution fee: 5% Owner is letting as is Pictures available upon request.

Banana Island, Ikoyi, Lagos
5 beds 4 baths 5 toilets 3 Parking
Benlary Reality Home
2 Units of Spacious 5-Bedroom Terrace Duplexes with 1-Room BQ — Banana Island, Ikoyi, Lagos
Featured
9
₦40,000,000 /yr

Terraced duplex for rent

2 Units of Spacious 5-Bedroom Terrace Duplexes with 1-Room BQ

Now available to let!!! 2 Units of Spacious 5-Bedroom Terrace Duplexes with 1-Room Boys' Quarters (BQ), located in the prestigious Moji Ikoyi Estate, off Banana Island Road, Ikoyi. These tastefully finished homes offer generous living spaces, modern architecture, and a serene environment, making them ideal for families, corporate executives, and expatriates seeking luxury and comfort. Features 5 spacious en-suite bedrooms 1-room Boys' Quarters (BQ) Spacious living and dining areas Modern fitted kitchen Premium-quality finishing Family lounge Guest toilet 3--4 dedicated parking spaces Secure and serene gated estate Excellent road network * Prime Ikoyi location location Off Banana Island Road, Ikoyi, Lagos rent ₦40,000,000 per annum For More enquirers please call 08090876670 09167713726

Banana Island, Ikoyi, Lagos
5 beds 5 baths 6 toilets 4 Parking
Property Expert
Spacious 5-Bedroom Terrace Duplexes — Banana Island, Ikoyi, Lagos
Featured
8
₦40,000,000 /yr

Terraced duplex for rent

Spacious 5-Bedroom Terrace Duplexes

Now available to let!!! 2 Units of Spacious 5-Bedroom Terrace Duplexes with 1-Room Boys' Quarters (BQ), located in the prestigious Moji Ikoyi Estate, off Banana Island Road, Ikoyi. These tastefully finished homes offer generous living spaces, modern architecture, and a serene environment, making them ideal for families, corporate executives, and expatriates seeking luxury and comfort. Features 5 spacious en-suite bedrooms 1-room Boys' Quarters (BQ) Spacious living and dining areas Modern fitted kitchen Premium-quality finishing Family lounge Guest toilet 3--4 dedicated parking spaces Secure and serene gated estate Excellent road network * Prime Ikoyi location location Off Banana Island Road, Ikoyi, Lagos rent ₦40,000,000 per annum ................................................................ For more enquiries and inspections, please call us on 09098586908 08090876670 Follow us on Instagram on Rosemond hills properties Facebook Rosemond hills limited

Banana Island, Ikoyi, Lagos
5 beds 5 baths 6 toilets 4 Parking
Rosemond Hills Limited
5 Bedrooms Detached House with BQ — Banana Island, Ikoyi, Lagos
Featured
10
₦120,000,000 /yr

Detached duplex for rent

5 Bedrooms Detached House with BQ

5bedrooms house with bq for 120m

Banana Island, Ikoyi, Lagos
5 beds 5 baths 6 toilets 10 Parking
Planwell Homes
Luxury 5-Bedroom Fully Detached House with 2-Room Service Quarters — Banana Island, Ikoyi, Lagos
Featured
6
₦125,000,000 /yr

Detached duplex for rent

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

To let Description: Luxury 5-Bedroom Fully Detached House with 2-Room Service Quarters Location: Banana Island, Ikoyi Rent: N125 million per annum Agency, Legal & Caution deposit 10% each Note: The property is currently undergoing renovations; therefore, only external photographs are available at the moment.

Banana Island, Ikoyi, Lagos
5 beds 5 baths 6 toilets 10 Parking
Fidelity Homes and Property Services
5 Bedrooms Terraced Duplex — Banana Island, Ikoyi, Lagos
Featured
18
₦70,000,000 /yr

Terraced duplex for rent

5 Bedrooms Terraced 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 6 toilets 5 Parking
Fidelity Homes and Property Services
Luxury 5 Bedroom Detached with 2 BQ — Banana Island, Ikoyi, Lagos
Featured
8
₦125,000,000 /yr

Detached duplex for rent

Luxury 5 Bedroom Detached with 2 BQ

For rent ️ Luxury 5bedroom fully detached house with 2rooms bq @ banana island 125M Ref no sha Please come with your direct client

Banana Island, Ikoyi, Lagos
5 beds 5 baths 6 toilets
Milebrook Investment Limited
5 Bedroom Detached with Inbuilt Service Quarters — Iko, Banana Island, Ikoyi, Lagos
Featured
12
₦170,000,000 /yr

Detached duplex for rent

5 Bedroom Detached with Inbuilt Service Quarters

For rent ️ Location: Banana island, ikoyi* a spacious 5 Bedroom Detached House with Inbuilt Service Quarters, strategically located place 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% Ref. No sha Come with your direct client

Iko, Banana Island, Ikoyi, Lagos
5 beds 5 baths 6 toilets
Milebrook Investment Limited
Brand New 5-Bedroom Semi-Detached Duplex — Banana Island, Ikoyi, Lagos
Featured
16
₦80,000,000

Semi-detached duplex for rent

Brand New 5-Bedroom Semi-Detached Duplex

For Rent Banana Island, lkoyi Units of Brand new 5-Bedroom Semi-Detached Duplex+ Location Banana Island -Rent: N80,000,00 ................................................................ For more enquiries and inspections, please call us on 09098586908 08090876670 Follow us on Instagram on Rosemond hills properties Facebook Rosemond hills limited

Banana Island, Ikoyi, Lagos
5 beds 5 baths 6 toilets 4 Parking
Rosemond Hills Limited
A 5bed Maisonnette in the Residential Zone — Residential Zone, Banana Island, Ikoyi, Lagos
Featured
9
₦50,000,000 /yr

House for rent

A 5bed Maisonnette in the Residential Zone

A 5bed maisonnette going out for rent in the residential zone of Banana Island with attached swimming pool, gym and bq. Rent: 50m Sc:5m (diesel inclusive and exclusive power) Agency:10% Legal:10% Caution to be discussed Vat:7.5% 2 tenants in compound (Lar)

Residential Zone, Banana Island, Ikoyi, Lagos
5 beds 5 baths 6 toilets 3 Parking
Wale Oguntayo & Co
5 Bedroom Detached House — Banana Island, Ikoyi, Lagos
Featured
22
₦130,000,000

House for rent

5 Bedroom Detached House

CW09327 5 Bedroom Detached House in Ikoyi Banana Island, Ikoyi, Lagos Experience luxury living in this spacious fully detached 5-bedroom residence located in the prestigious Banana Island. Featuring expansive living spaces, separate staff accommodation, a dedicated security house, and ample parking, this home is ideal for executives, diplomats, expatriates, and large families seeking privacy and exclusivity. Rental Details Rent: ₦130,000,000 per annum (Asking) Additional Charges Agency Fee: 10% Legal Fee: 10% Features & Amenities 5 Spacious En-Suite Bedrooms 2-Room Service Quarters (BQ) Dedicated Security House Spacious Living & Dining Areas Fully Fitted Kitchen Ample Parking Space Contemporary Interior Finishes Secure and Serene Environment Highlights Prestigious Banana Island Address Fully Detached Luxury Residence Separate Staff Accommodation Dedicated Security House Spacious Family-Friendly Layout Ideal for Executives, Diplomats, and Expatriate Families Exclusive and Secure Neighborhood Easy Access to Ikoyi, Victoria Island, and Lagos Business Districts Location: Banana Island, Ikoyi, Lagos a rare opportunity to lease a premium fully detached home in Banana Island, offering generous living spaces, privacy, and an exceptional lifestyle in one of Lagos' most prestigious residential communities. For more Information, Pricing and Private Viewings Please Contact: Sophia: +234 814 497 6677 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 5 baths 6 toilets
C W Real Estate
5 Bedroom Detached House — Banana Island, Ikoyi, Lagos
Featured
21
₦130,000,000

House for rent

5 Bedroom Detached House

CW09327 5 Bedroom Detached House in Ikoyi Banana Island, Ikoyi, Lagos Experience luxury living in this spacious fully detached 5-bedroom residence located in the prestigious Banana Island. Featuring expansive living spaces, separate staff accommodation, a dedicated security house, and ample parking, this home is ideal for executives, diplomats, expatriates, and large families seeking privacy and exclusivity. Rental Details Rent: ₦130,000,000 per annum (Asking) Additional Charges Agency Fee: 10% Legal Fee: 10% Features & Amenities 5 Spacious En-Suite Bedrooms 2-Room Service Quarters (BQ) Dedicated Security House Spacious Living & Dining Areas Fully Fitted Kitchen Ample Parking Space Contemporary Interior Finishes Secure and Serene Environment Highlights Prestigious Banana Island Address Fully Detached Luxury Residence Separate Staff Accommodation Dedicated Security House Spacious Family-Friendly Layout Ideal for Executives, Diplomats, and Expatriate Families Exclusive and Secure Neighborhood Easy Access to Ikoyi, Victoria Island, and Lagos Business Districts Location: Banana Island, Ikoyi, Lagos a rare opportunity to lease a premium fully detached home in Banana Island, offering generous living spaces, privacy, and an exceptional lifestyle in one of Lagos' most prestigious residential communities. For more Information, Pricing and Private Viewings Please Contact: Sophia: +234 814 497 6677 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 5 baths 6 toilets
C W Real Estate
5 Bedroom Luxury Fully Detatched Duplex — Banana Island, Ikoyi, Lagos
Featured
13
₦150,000,000

Detached duplex for rent

5 Bedroom Luxury Fully Detatched 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: ₦150,000,000 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 - Suspended 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
Lameksrealtors
5-Bedroom Fully Detached Duplex with Pool — Banana Island, Ikoyi, Lagos
Featured
22
₦150,000,000 /yr

Detached duplex for rent

5-Bedroom Fully Detached Duplex with Pool

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: ₦150,000,000 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
Siri Estate Plus
Semi-Detached + BQ — Onikoyi, Banana Island Road, Banana Island, Ikoyi, Lagos
Featured
19
$80,000 /yr

Detached duplex for rent

Semi-Detached + BQ

For lease at onikoyi Self-Serviced 5-Bedroom Semi-Detached + BQ (2 Units Available) Spacious and well-designed homes suitable for executive living. Rent: Usd 80,000 p.a Caution: 10% Agency: 10% Legal: 5% @olaolu$mich$

Onikoyi, Banana Island Road, Banana Island, Ikoyi, Lagos
5 beds 5 baths 6 toilets
Phoenix Realtors and Facility Managers
Luxury 5-Bedroom Fully Detached House with 2-Room BQ — Banana Island, Ikoyi, Lagos
Featured
9
₦150,000,000

Detached duplex for rent

Luxury 5-Bedroom Fully Detached House with 2-Room BQ

Luxury 5-bedroom fully detached house with 2-room BQ, elevator, infinity pool, cinema, and premium smart home features Banana Island, Ikoyi Rent: ₦150 Million Service charge: ₦10 Million alc: 10% each Features/Amenities: 2-room BQ Elevator Infinity swimming pool Cinema Office space Home automation system 2 spacious living rooms All rooms en-suite Modern fitted kitchen Luxury finishing * Ample parking

Banana Island, Ikoyi, Lagos
5 beds
His Grace
Fully Detached Luxury 5 Bedroom House with 2 BQ — Banana Island, Ikoyi, Lagos
Featured
8
₦125,000,000 /yr

Detached duplex for rent

Fully Detached Luxury 5 Bedroom House with 2 BQ

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, Abia Street, Banana Island, Ikoyi Rental price: 125 million per annum Two (2) years rent upfront Note: Renovations done

Banana Island, Ikoyi, Lagos
5 beds
First Class Realties
Fully Detached Luxury 5 Bedroom House Plus 1 Room Service Quarters — Banana Island, Ikoyi, Lagos
Featured
14
₦150,000,000 /yr

Detached duplex for rent

Fully Detached Luxury 5 Bedroom House Plus 1 Room Service Quarters

For Lease* 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 asking Note: Renovations to be do done .................................................................... For more enquiries and inspections, please call us on 09098586908 08090876670 Follow us on Instagram on Rosemond hills properties Facebook Rosemond hills limited

Banana Island, Ikoyi, Lagos
5 beds 5 baths 6 toilets 4 Parking
Rosemond Hills Limited
5 Bedroom Fully Detached — Banana Island, Ikoyi, Lagos
Featured
18
₦150,000,000 /yr

Detached duplex for rent

5 Bedroom Fully Detached

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: ₦150,000,000 per annum 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 9 Parking
Genesis Gem Realty LTD
Spacious 5 Bedroom Detached House with Service Quarters and Pool — Banana Island, Ikoyi, Lagos
Featured
23
₦170,000,000 /yr

Detached duplex for rent

Spacious 5 Bedroom Detached House with Service Quarters and Pool

For lease: Description: A spacious 5 Bedroom Detached House with Inbuilt Service Quarters, strategically located on 501 Close within the prestigious Banana Estate, Ikoyi. Location: 501 Close, Off 5th Avenue, 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%

Banana Island, Ikoyi, Lagos
5 beds
First Class Realties

Showing 121–140 of 260 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 260 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.