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.

Massive 5 Bedroom Fully Detached with 2 Room BQ — Banana Island, Ikoyi, Lagos
Featured
10
₦125,000,000 /yr

Detached duplex for rent

Massive 5 Bedroom Fully Detached with 2 Room BQ

For lease Fully detached 5 bedroom house plus 2 separate rooms service quarters with security house and ample parking space. Location: Banana Island, Ikoyi Rent: 125 million per annum* Note: Currently undergoing renovations. pictures available on request.

Banana Island, Ikoyi, Lagos
5 beds 5 baths 6 toilets
Tecclight Homes Limited
Premium 5 Bedroom Terrace Duplex + BQ & Pool — Banana Island, Ikoyi, Lagos
Featured
19
₦65,000,000 /yr

Terraced duplex for rent

Premium 5 Bedroom Terrace Duplex + BQ & Pool

Premium 5 bedroom terrace duplex + BQ & Pool 65M price 6M service charge 2.5M caution deposit 10% legal Your client pays you agency fee only

Banana Island, Ikoyi, Lagos
5 beds
Mara De Realtor
Exquisite 5 Bedroom Semi Detached Duplex with BQ, Elevator, Acs — Banana Island Estate, Banana Island, Ikoyi, Lagos
Featured
21
₦130,000,000 /yr

House for rent

Exquisite 5 Bedroom Semi Detached Duplex with BQ, Elevator, Acs

For lease: Description: An exquisite 5-Bedroom semi detached duplex with Modern facilities Location: Banana Island, Ikoyi Key Features: - Very spacious living room - Spacious bedrooms with modern finishing (all rooms en-suite) - ⁠2 rooms service quarters - Extremely quiet and highly secured neighborhood. - The rooftop sit-out area provides an extra ordinary comfort - Fitted kitchen with modern appliances - Walk-in closets - Fitted ACs - Elevator - 24 hours power supply (a 50 kva generator is on standby for back up power, when need arises) - 24 hours security and much more...... Rent: N130M Service charge: TBD Agency fee: 10% Legal: 10% Caution: 10%

Banana Island Estate, Banana Island, Ikoyi, Lagos
5 beds 5 baths 6 toilets
Actvision Integrated Resources LTD
Spacious 5 Bedroom Detached Duplex with 2 BQ — Banana Island, Ikoyi, Lagos
Featured
1
₦125,000,000 /yr

Detached duplex for rent

Spacious 5 Bedroom Detached Duplex with 2 BQ

For lease in banana island Description: Luxury 5-Bedroom Fully Detached House with 2-Room Service Quarters Location: Banana Island, Ikoyi Rent: 125 million per annum Agency: 10% Legal: 10% Caution deposit 10% Note: The property is currently undergoing renovations. Janet.anene

Banana Island, Ikoyi, Lagos
5 beds 6 baths 6 toilets 6 Parking
Mo Resources & Services LTD
Luxury 5 Bedroom Detached Duplex with 2 BQ and Swimming Pool — Banana Island, Ikoyi, Lagos
Featured
19
₦150,000,000 /yr

Detached duplex for rent

Luxury 5 Bedroom Detached Duplex with 2 BQ and Swimming Pool

For lease: Description: 5 Bedroom fully detached house with 2 BQ rooms, a study, gym room and a swimming pool. Location: Banana Island Rent: N170million (150m Net) Caution fee: N15 million Agency fee: 10% Legal fee: 5% Tosin

Banana Island, Ikoyi, Lagos
5 beds 5 baths 6 toilets 5 Parking
Mo Resources & Services LTD
Luxury 5 Bedroom Fully Detached House with 2 Room Service Quarters — Off 1st Avenue, Banana Island, Ikoyi, Lagos
Featured
8
₦125,000,000 /yr

Detached duplex for rent

Luxury 5 Bedroom Fully Detached House with 2 Room Service Quarters

To let Luxury 5-Bedroom Fully Detached House with 2-Room Service Quarters Location: Banana Island, Ikoyi Rent: 125 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. Semi direct brief Ub

Off 1st Avenue, Banana Island, Ikoyi, Lagos
5 beds 5 baths 6 toilets 10 Parking
Upper-Link Realtors
Luxury 5 Bedroom Fully Detached Duplex with 2 Rooms BQ — Banana Island, Ikoyi, Lagos
Featured
7
₦125,000,000 /yr

Detached duplex for rent

Luxury 5 Bedroom Fully Detached Duplex with 2 Rooms BQ

For lease: Luxury 5-Bedroom Fully Detached House with 2-Room Service Quarters Location: Banana Island, Ikoyi Rent: 125 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. Call/Whatsapp - 07035299955/08025262007

Banana Island, Ikoyi, Lagos
5 beds 5 baths 6 toilets
Sinclaire Homes LTD
A Fully Detached Luxury 5 Bedroom House+2 BQ, Self Compound — Banana Island, Ikoyi, Lagos
Featured
7
₦125,000,000 /yr

Detached duplex for rent

A Fully Detached Luxury 5 Bedroom House+2 BQ, Self Compound

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, Banana Island, Ikoyi *Rental price: 125 million per annum*(2 years) Agency 10% Legal 10% Caution deposit 10% Note: Currently undergoing renovations, only external pictures available Please reach out to me if you know you are ready for inspection. Inspection fees is ₦20k gou.jos

Banana Island, Ikoyi, Lagos
5 beds 5 baths 6 toilets
Abbey & Co
5 Bedroom Terraced Duplex — Banana Island, Ikoyi, Lagos
4
₦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] 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
₦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 Detached Duplex — Banana Island, Ikoyi, Lagos
7
₦120,000,000 /yr

Detached duplex for rent

5 Bedroom Detached Duplex

Whether you're an executive, expatriate, diplomat, or family seeking a prestigious address, this property delivers an outstanding living experience in one of Nigeria's most desirable neighborhoods. This is an excellent opportunity to rent a luxury home in Banana Island---one of Lagos' most prestigious residential locations, known for its world-class security, exclusivity, and premium real estate. Rent: ₦120,000,000 per annum (Negotiable) Fees Service Charge: Nil Caution Fee: 10% Legal Fee: 10% * Agency Fee: 10% Inspection Inspection strictly by appointment. Kindly allow 5--10 hours' notice before inspection. No impromptu inspections.

Banana Island, Ikoyi, Lagos
5 beds 5 baths 5 toilets
Booma Properties
3 Units of 5 Bedroom Detached Houses + Private Pool + Elevator, Etc. — Banana Island, Ikoyi, Lagos
1
₦139,800,000 /yr

Detached duplex for rent

3 Units of 5 Bedroom Detached Houses + Private Pool + Elevator, Etc.

Premium & newly built 3 nos 5 bedroom detached houses + bq + private swimming pool + elevator etc in banana island estate ikoyi Rent:N139,800,00 Agency: 10% Legal & caution fees applicable For direct clients: call prince ademola osinuga on 08124269637 For agents requests - call mrs oluwadamilola on 08023195857

Banana Island, Ikoyi, Lagos
5 beds 5 baths 6 toilets 3 Parking
Prince Ademola Osinuga International
A Spacious 5 Bedroom Detached House with Inbuilt Service Quarters — Banana Island, Ikoyi, Lagos
4
₦170,000,000 /yr

House for rent

A Spacious 5 Bedroom Detached House with Inbuilt Service Quarters

To let Description: A spacious 5 Bedroom Detached House with Inbuilt Service Quarters, strategically located on 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%

Banana Island, Ikoyi, Lagos
5 beds 5 baths 5 toilets
Starriest Global Properties
5 Bedroom Detached Duplex — 501, Banana Island, Ikoyi, Lagos
1
₦170,000,000 /yr

Detached duplex for rent

5 Bedroom Detached Duplex

For lease -- osborne foreshore phase 1, ikoyi a spacious 4 Bedroom Semi Detached House arranged over two floors with an additional pent floor, located on Ogun Street, Osborne Foreshore Phase 1. This property offers generous living spaces, inbuilt service quarters, and access to a communal swimming pool within one of Ikoyi's most sought after residential estates. Location: Ogun Street, Osborne Foreshore Phase 1, Ikoyi Property Details - ️ 4 Bedrooms (All En suite) - ️ Spacious Sitting Room - ️ Dining Area - ️ Mini Visitor's Lounge - Fitted Kitchen with Inlet Pantry - 🧑‍ Inbuilt Service Quarters Pent Floor - ️ Private Sitting Area - ️ En suite Bedroom Estate Feature - Communal Swimming Pool ️ Note: Property is offered unfurnished. Rent: ₦55,000,000 per annum ️ Service Charge: ₦5,000,000 Diesel Deposit: TBD Caution Deposit: 10% Agency Fee: 10% Legal Fee: 10% Located within the secure and prestigious Osborne Foreshore Estate, this property is ideal for families, corporate executives, and expatriates seeking privacy, space, and a premium residential address. Ref: Zue

501, Banana Island, Ikoyi, Lagos
5 beds 6 baths 6 toilets 6 Parking
Kuchiano World
5 Bedroom Semi Detached Duplex with Boy's Quarters — Banana Island, Ikoyi, Lagos
19
₦70,000,000

Semi-detached duplex for rent

5 Bedroom Semi Detached Duplex with Boy's Quarters

Newly renovated 5 Bedroom Semi Detached Duplex with Bq located in a mini Estate in Banana Island. Rent is N70m per annum 2 years required... 3 floors of living area Large parking area Multiple lounges Kelu

Banana Island, Ikoyi, Lagos
5 beds 5 baths 6 toilets 6 Parking
Kehinde Akintobi & Co. Limited
5 En-Suite Bedrooms (BQ), 3-4 Car Parking Spaces — Banana Island, Ikoyi, Lagos
1
₦40,000,000

Detached duplex for rent

5 En-Suite Bedrooms (BQ), 3-4 Car Parking Spaces

Direct Brief.......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) Odums Service charge: TBD

Banana Island, Ikoyi, Lagos
5 beds
Charis Estate
5 Bedroom Detached Duplex with 2 Room Boys Quarters — Banana Island, Ikoyi, Lagos
8
₦125,000,000

Detached duplex for rent

5 Bedroom Detached Duplex with 2 Room Boys Quarters

Direct Brief for Lease 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 area in Banana Island, Ikoyi Rental price: 125 million per annum Two (2) years rent upfront Note: Renovations done Cert

Banana Island, Ikoyi, Lagos
5 beds 5 baths 6 toilets 4 Parking
Kehinde Akintobi & Co. Limited
Luxury Self Serviced 4 Bedrooms Semi Detached House + BQ X 2 Years — Banana Island, Ikoyi, Lagos
7
₦79,900,000 /yr

Detached duplex for rent

Luxury Self Serviced 4 Bedrooms Semi Detached House + BQ X 2 Years

Direct clients who are ready to make a payment immediately Self-serviced luxury 5 bedroom semi detached house+ bq Banana Island estate, Ikoyi Rent: ₦99m per annum Call now to close immediately

Banana Island, Ikoyi, Lagos
5 beds 5 baths 6 toilets 2 Parking
Prince Ademola Osinuga International
Luxury 5-Bedroom Fully Detached House with 2-Room Boys' Quarters — Banana Island, Ikoyi, Lagos
20
₦150,000,000

Detached duplex for rent

Luxury 5-Bedroom Fully Detached House with 2-Room Boys' Quarters

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 5 baths 6 toilets 4 Parking
Marketbooy of Lagos
Fully Detached Luxury 5 Bedroom House Plus 2 Separate Rooms Service Quaters — Banana Island, Ikoyi, Lagos
5
₦125,000,000

Detached duplex for rent

Fully Detached Luxury 5 Bedroom House Plus 2 Separate Rooms Service Quaters

Direct Brief for Lease 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. Adefisay

Banana Island, Ikoyi, Lagos
5 beds
Charis Estate

Showing 161–180 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.