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.

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141–160 of 260 properties for rent

5 Bedrooms Detached Duplex with Boys Quarters & Swimming Pool — Banana Island, Ikoyi, Lagos
Featured
16
₦170,000,000 /yr

Detached duplex for rent

5 Bedrooms Detached Duplex with Boys Quarters & Swimming Pool

Direct Brief 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: 170 million per annum asking Note: Renovations to be done Cert

Banana Island, Ikoyi, Lagos
5 beds 5 baths 6 toilets 5 Parking
Kehinde Akintobi & Co. Limited
Spacious 5 Bedroom Semi Detached with a BQ, Pool in a Secure Estate — Banana Island, Ikoyi, Lagos
Featured
17
₦80,000,000 /yr

Semi-detached duplex for rent

Spacious 5 Bedroom Semi Detached with a BQ, Pool in a Secure Estate

Tastefully built five (5) bedroom semi detached in a serene environment inside an estate with a room boys quarter and a communal swimming pool, in banana island now available for letting Location Banana island road Rent: N80 Million Naira Service charge: To BE discused Caution fees: N1.5 Million Naira Legal fees: 10% of gross rental value Agency fees: 10% of gross rental value -Living room -Modern fitted kitchen -BQ(self contained) -Communal swimming pool -24/7 security & well maintained Estate -Ample parking space

Banana Island, Ikoyi, Lagos
5 beds 5 baths 6 toilets 3 Parking
Gi.forty Homes
Luxury 5 Bedroom Fully Detached Duplex with BQ, Pool & Elevator — Banana Island, Ikoyi, Lagos
Featured
22
₦150,000,000 /yr

Detached duplex for rent

Luxury 5 Bedroom Fully Detached Duplex with BQ, Pool & Elevator

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 5 baths 6 toilets 3 Parking
Evezy Concepts
5 Bedroom Semi Detached Duplex with Elevator — Banana Island, Ikoyi, Lagos
Featured
13
₦80,000,000 /yr

Flat / apartment for rent

5 Bedroom Semi Detached Duplex with Elevator

5bedroom semi detached duplex with and elevator( self serviced) Rent: 80M Agency:10% Legal: 10% S.C: 1M Location: Ikoyi, Lagos

Banana Island, Ikoyi, Lagos
5 beds 5 baths 6 toilets
Koldej Homes
Beautiful 5 Bedroom Terrace Duplex — Banana Island, Ikoyi, Lagos
Featured
11
₦40,000,000

Terraced duplex for rent

Beautiful 5 Bedroom Terrace Duplex

To let 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 Jn

Banana Island, Ikoyi, Lagos
5 beds
Giftedkings Gardens
2 Units of 5 Bedroom Terrace Duplex with BQ — Banana Island, Ikoyi, Lagos
Featured
11
₦40,000,000 /yr

Terraced duplex for rent

2 Units of 5 Bedroom Terrace Duplex with BQ

To let 2 Units of Spacious 5-Bedroom Terrace Houses with 1-Room BQ Banana Island Road, Ikoyi Rent: ₦40 Million per annum (per unit) Features: 5 En-suite Bedrooms Spacious Living Areas 1-Room BQ 3--4 Car Parking Spaces Prime & Secure Location Charges: - Agency Fee -- 10% - Legal Fee -- 10% - Caution Fee -- 10% - Service Charge -- TBD

Banana Island, Ikoyi, Lagos
5 beds 5 baths 6 toilets
Best Idea Realty
Self Serviced 5 Bedroom Semi-Detached Duplex with BQ and Generator — Banana Island, Ikoyi, Lagos
Featured
18
₦80,000,000 /yr

Semi-detached duplex for rent

Self Serviced 5 Bedroom Semi-Detached Duplex with BQ and Generator

To let self serviced 5 bedroom semi-detached duplex with bq,fitted kitchen, ensuite rooms,walk-in closet,private elevator, underground parking,private functional generator and private compound in a mini estate. Location: Banana Island Estate Rent: 80M

Banana Island, Ikoyi, Lagos
5 beds 5 baths 6 toilets 5 Parking
Mo Resources & Services LTD
A 5 Bedroom Duplex — Abia Street, Banana Island, Ikoyi, Lagos
Featured
11
₦125,000,000 /yr

Detached duplex for rent

A 5 Bedroom Duplex

A Fully Detached Luxury 5 Bedroom House, With 2 Room BQ, Available for Rent. A Clean, Nice spacious house, Well gated and secured compound, highly secured Estate, Well organize and structured, comes with a Security House, ample Parking space. Located: In a Quiet and Serene Close, at Banana Island, Ikoyi, Lagos Hurry; 1st Pay, 1st Get inspection fee 20k. Rent: 125M Agent: 10% Legal: 10% Caution: 10% Service Charge: 4M call; (agybdA) Mr Touns 08122254648 (iykI) For Enquiries, Inspection, and Payment,

Abia Street, Banana Island, Ikoyi, Lagos
5 beds 5 baths 6 toilets 5 Parking
Spartan Planet
A 5bed Duplex with a BQ — Banana Island, Ikoyi, Lagos
Featured
18
₦50,000,000 /yr

House for rent

A 5bed Duplex with a BQ

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 and it is strictly for expatriates. (Lar)

Banana Island, Ikoyi, Lagos
5 beds 5 baths 6 toilets 4 Parking
Wale Oguntayo & Co
Massive Fully Detached 5 Bedroom Duplex with 2 BQ — Off Abia Street, Banana Island, Ikoyi, Lagos
Featured
1
₦125,000,000 /yr

Detached duplex for rent

Massive Fully Detached 5 Bedroom Duplex with 2 BQ

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 Rent: 125 million per annum* pictures available on request

Off Abia Street, Banana Island, Ikoyi, Lagos
5 beds 6 baths 6 toilets
Dotline Realtors and Construction Limited
Waterview Detached 5 Bedrooms with Cenima, Gym, Pool, Elevator — Banana Island, Ikoyi, Lagos
Featured
25
₦150,000,000 /yr

Detached duplex for rent

Waterview Detached 5 Bedrooms with Cenima, Gym, Pool, Elevator

To Let semi Brand new luxury 5bedroom fully detached houses in Banana Island, Ikoyi Rent 150m Agency 10% Legal 10% Caution 10% 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 Pictures available

Banana Island, Ikoyi, Lagos
5 beds 5 baths 6 toilets 5 Parking
Wifis and Avaland
Fully Detached Luxury 5 Bedroom House with BQ — Banana Island, Ikoyi, Lagos
Featured
11
₦125,000,000 /yr

Detached duplex for rent

Fully Detached Luxury 5 Bedroom House with BQ

For Lease A fully detached luxury 5 bedroom house plus 2 separate rooms service quarters. With security house and ample parking space Location: Banana Island, Ikoyi Rental price: 125 million per annum Note: Renovations completed now Ayub/W

Banana Island, Ikoyi, Lagos
5 beds
Oip Properties
Architectural Masterpiece 5 Bedroom Detached House — Banana Island, Ikoyi, Lagos
Featured
14
₦150,000,000 /yr

Detached duplex for rent

Architectural Masterpiece 5 Bedroom Detached House

Available For Lease in Banana Isaland Estate, Ikoyi: Architectural masterpiece 5 bedroom detached house: Features: - Swimming Pool - Gym room - Double volume master bedroom - Ample parking space - Fully fitted and modern kitchen - Exquisite Sanitary wares - 2 - rooms BQ - Study room - Home office, etc Rent: 180m asking (2 years required)

Banana Island, Ikoyi, Lagos
5 beds
First Class Realties
Luxury & Spacious 5 Bedroom Terrace Duplex with BQ & Swimming Pool — Banana Island, Ikoyi, Lagos
Featured
18
₦80,000,000 /yr

Terraced duplex for rent

Luxury & Spacious 5 Bedroom Terrace Duplex with BQ & Swimming Pool

To let at banana island ikoyi Luxury & spacious 5 Bedroom Terrace duplex with Bq & swimming pool in a serene neighborhood Property Features - 5 Bedrooms (all en-suite) - Swimming Pool - Fully Fitted Kitchen - Boys' Quarters (BQ) - ⁠ Rent: 80M annually Service charge: 6M (diesel included) Agency: 10% Legal: 10% Caution: 5%

Banana Island, Ikoyi, Lagos
5 beds 5 baths 6 toilets
Eminent Homes ‘N’ Properties
A Spacious 5 Bedroom Detached House with Inbuilt Service Quarters — 5th Avenue, Banana Island, Ikoyi, Lagos
Featured
11
₦170,000,000 /yr

Detached duplex for rent

A Spacious 5 Bedroom Detached House with Inbuilt Service Quarters

Description: A sContact person: +234 912 171 6205 / 08132670552.pacious 5 Bedroom Detached House with Inbuilt Service Quarters Location: Off 5th Avenue, Banana Island, Ikoyi Contact person: +234 912 171 6205 / 08132670552. 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

5th Avenue, Banana Island, Ikoyi, Lagos
5 beds 5 baths 5 toilets
Trustfield Realty Limited
Spacious 5 Bedroom Detached House with Inbuilt Service Quarters — 501 Close, Off 5th Avenue, Banana Island, Ikoyi, Lagos
Featured
10
₦170,000,000 /yr

Detached duplex for rent

Spacious 5 Bedroom Detached House with Inbuilt Service Quarters

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% Pictures available upon request. Olu

501 Close, Off 5th Avenue, Banana Island, Ikoyi, Lagos
5 beds 5 baths 6 toilets 5 Parking
Hova Oy Concept
5 Bedrooms + Attached BQ with Swimming Pool — Banana Island, Ikoyi, Lagos
Featured
9
₦170,000,000 /yr

Detached duplex for rent

5 Bedrooms + Attached BQ with Swimming 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: 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
Harpiavision Intl Limited
5 Bedroom Terraced Duplex — Banana Island, Ikoyi, Lagos
Featured
20
₦65,000,000 /yr

Terraced duplex for rent

5 Bedroom Terraced Duplex

Banana Island 5 bedroom terrace plus 1 BQ 65M 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 Limited
5 Bedrooms - Inbuilt Service Quarters - Spacious Living — 501 Close, Off 5th Avenue, Banana Island, Ikoyi, Lagos
Featured
12
₦170,000,000 /yr

Detached duplex for rent

5 Bedrooms - Inbuilt Service Quarters - Spacious Living

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% Pictures available upon request. pri

501 Close, Off 5th Avenue, Banana Island, Ikoyi, Lagos
5 beds
The Home Properties. a Division of Onozefe Uzuazor Bridget Enterprise
5 Bedroom Terrace Apartment — Off 3rd Avenue, Banana Island, Ikoyi, Lagos
Featured
13
₦80,000,000 /yr

Flat / apartment for rent

5 Bedroom Terrace Apartment

5 Bedroom Terrace Apartment 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 Service charge: N6 million deposit including diesel Agency: 10% Legal: 10% Caution: 5% Property code: Hlf 01 Direct cliects only

Off 3rd Avenue, Banana Island, Ikoyi, Lagos
5 beds
Hope Land Fresh Property LTD

Showing 141–160 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.