Nigeria Property Centre

Property for Rent in Banana Island, Ikoyi, Lagos

There are 1,326 flats, houses, land and commercial properties for rent in Banana Island as of 12 Aug 2026, with an average price of ₦55M. 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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741–761 of 1,326 properties for rent

Premium Plus Top promoted listing
Luxury 3 Bedroom Apartment, Pool, Gym
10 photos
₦35,000,000 /yr

Flat / apartment for rent

Luxury 3 Bedroom Apartment, Pool, Gym

Direct clients preferable Luxury 3 bedroom apartment in Banana Island Estate Rent: N35M per annum Service charge: N6m diesel deposit N1m Agency & legal fees applicable Call Prince Ademola Osinuga International now to pay & move in immediately

Banana Island, Ikoyi, Lagos
3 Beds 3 Baths 4 Toilets 2 Parking

Prince Ademola Osinuga International

Contact agent
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
Spacious Waterfront 3-Bedroom Apartment + BQ, Pool, Sport Facilities — Banana Island, Ikoyi, Lagos
Featured
25
₦40,000,000 /yr

Flat / apartment for rent

Spacious Waterfront 3-Bedroom Apartment + BQ, Pool, Sport Facilities

3-Bedroom Waterfront Apartment with BQ, Pool & Sports Facilities - Banana Island, Ikoyi - ₦40M/Year For Rent: Spacious waterfront 3-bedroom apartment with Boys' Quarters, located in the highly exclusive Banana Island, Ikoyi --- offering luxury waterfront living with premium lifestyle amenities. Location: Banana Island, Ikoyi Rent: ₦40,000,000 per annum Service Charge: ₦7,500,000 per annum (Diesel Inclusive) Charges: Agency -- 10% - Legal -- 10% - Caution -- 10% Comes With: Boys' Quarters - Waterfront view - Swimming pool - Gym - Tennis court - Basketball court - Spacious living areas - All rooms ensuite - Fully fitted kitchen - Ample parking - Secure gated estate - Serene environment - Premium lifestyle amenities For more enquiries, contact Stephen Whatsapp: 08171969365 Phone: 08136522011, 09155232992 Email: [email protected]

Banana Island, Ikoyi, Lagos
3 beds 3 baths 4 toilets 2 Parking
Idealplace_properties
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
Luxury 3 Bedrooms Fully Furnished Apartment — Banana Island, Ikoyi, Lagos
Featured
10
₦40,000,000 /yr

Flat / apartment for rent

Luxury 3 Bedrooms Fully Furnished Apartment

BRZ-2026-0504 Smart Rent: Luxury 3-Bedroom Fully Furnished Apartment. Rent: ₦40,000,000 (₦40m) Service charge: (₦4m) Estate Levy: (₦1m) Ikoyi, Lagos. Features: All rooms en-suite Ample parking space Fully Fitted Kitchen 24 hours Power Supply Internet Enabled Apartments For More Information or to Schedule a Viewing: Email: [email protected] WhatsApp: 07055551088 Instagram: @brazenproperties TikTok: @brazen.properties.

Banana Island, Ikoyi, Lagos
3 beds
Brazen Properties Limited
Waterfront Fully Serviced Luxury 3 Bedrooms Apartment with BQ — Banana Island, Ikoyi, Lagos
Featured
14
₦40,000,000 /yr

Flat / apartment for rent

Waterfront Fully Serviced Luxury 3 Bedrooms Apartment with BQ

Waterfront Fully Serviced Luxury 3Bedrooms Apartment Upstairs with BQ, Pool, Gym, For Rent. * Pet Not Allowed. Location: Banana Island Estate Ikoyi Lagos. Rent: N40M Per annum Service Charges: N9.250M Caution fee: N2M Agency: 10% Legal: 10% Features: Fully Serviced Estate Swimming pools, Fully equipped Gym. 24/7 power with personal prepaid meter (pay as you use) 24/7 security with uniformed security and code access system Secured parking On-site estate and facilities management team Please note: 24hrs inspection notice For more information call Whatsapp Ola

Banana Island, Ikoyi, Lagos
3 beds 3 baths 4 toilets 2 Parking
Wale Oguntayo & Co
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
Well Renovated Serviced 4 Bedroom Terraced House — Banana Island, Ikoyi, Lagos
Featured
6
₦40,000,000 /yr

Terraced duplex for rent

Well Renovated Serviced 4 Bedroom Terraced House

For rent in banana island, lagos Description: Renovated 4 bedroom terrace house with all rooms en-suite, perfectly situated on 2nd avenue in the prestigious estate in ikoyi. Key features: - dedicated car park - air conditioning in all rooms - 1 room staff quarters - equipped kitchen - swimming pool - gym - balcony terrace on each floor Rent: n40m per annum Service charge: n3m Diesel deposit n2. 5m Besa/f

Banana Island, Ikoyi, Lagos
4 beds
Oip Properties
Lovely 2 Bedroom Flat — Banana Island, Ikoyi, Lagos
Featured
9
₦30,000,000 /yr

Flat / apartment for rent

Lovely 2 Bedroom Flat

Fresh letting at banana island a lovely 2 bedroom flat all room en-suite with bq in a well secure and serene environment at Banana Island ikoyi Lagos Price 30m 2yrs

Banana Island, Ikoyi, Lagos
2 beds 2 baths 3 toilets 2 Parking
Planwell Homes Limited
Tastefully Finished with Amazing Facilities Plus a BQ — Banana Island, Ikoyi, Lagos
Featured
19
₦50,000,000 /yr

Terraced duplex for rent

Tastefully Finished with Amazing Facilities Plus a BQ

Tastefully finished 4-bedroom terrace with an attic room, an atrium, a study, an ante room, a sit-out area at the back, and Bq Available for rent_ Location: Banana island. Rental Value: 50million Naira Agency @ 10% of rental value Legal @ 10% of rental value Refundable caution deposit: 2.5million Naira Service charge: 2.8million Diesel deposit: 500k Power: N217/kwt Godwin

Banana Island, Ikoyi, Lagos
4 beds 4 baths 5 toilets
Tedhol Properties LTD
Tastefully Finished 4-Bedroom Terrace with an Attic Room, an Atrium — Banana Island, Ikoyi, Lagos
Featured
15
₦50,000,000 /yr

House for rent

Tastefully Finished 4-Bedroom Terrace with an Attic Room, an Atrium

Tastefully finished 4-bedroom terrace with an attic room, an atrium, a study, an ante room, a sit-out area at the back, and Bq Available Features: Gated, Serene and Secured Estate All en-suite bedrooms with guest toilet. 24/7 Power Supply with personal prepaid meter (Pay as you use) Swimming pool, Sit out Lounge Fully equipped Gym Balconies Ample parking with maximum Security. fitted kitchen Agency @ 10% of rental value Legal @ 10% of rental value Refundable caution deposit: 2.5million Naira Service charge: 2.8million Diesel deposit: 500k Power: N217/kwt Property code: Hlf 003600 Direct clients only .

Banana Island, Ikoyi, Lagos
4 beds
Hope Land Fresh Property LTD
Furnished or Unfurnished 2 Bedrooms with 24 Hours Light — Banana Island, Ikoyi, Lagos
Featured
22
₦25,000,000 /yr

Flat / apartment for rent

Furnished or Unfurnished 2 Bedrooms with 24 Hours Light

To Let Fully serviced 2bedroom flat on first floor at Banana Island Ikoyi Lagos. 24hours light pay as you use Furnished or unfurnished Rent 25m Service charge 1.9m Agency 10% Legal 10% Caution 10% Pictures available

Banana Island, Ikoyi, Lagos
2 beds 2 baths 3 toilets 2 Parking
Wifis and Avaland
Serviced 2 Bedroom Flat with BQ and Swimming Pool — Banana Island, Ikoyi, Lagos
Featured
8
₦40,000,000 /yr

Flat / apartment for rent

Serviced 2 Bedroom Flat with BQ and Swimming Pool

For lease in banana island estate 2-bedroom flat with a boys quarter, water treatment, swimming pool, club house, game room ,gym and elevator. Rent: ₦40,000,000 Service Charge: 5.5million Legal fee 10% Agency: 10% Caution: 2M

Banana Island, Ikoyi, Lagos
2 beds 2 baths 3 toilets 2 Parking
Mo Resources & Services LTD
Well Maintained and Spacious 4 Bedroom Semi Detached House, 3 Living Rooms — Banana Island, Ikoyi, Lagos
Featured
19
₦80,000,000 /yr

House for rent

Well Maintained and Spacious 4 Bedroom Semi Detached House, 3 Living Rooms

Well maintained and spacious 4 bedroom semi detached house, 3 living rooms Roof top sit out 3 guest toilets Ac fitted Functional private elevator in a serviced mini estate. Rent; 80m x 2yrs Service charge; 5. 8m Agency; 10% Legal; 10% Caution; 5% Property code: hlf 01 Direct clients only

Banana Island, Ikoyi, Lagos
4 beds
Hope Land Fresh Property LTD
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
Tastefully Finished 4-Bedroom Terrace with an Attic Room — Dew of Hermon, Banana Island, Ikoyi, Lagos
Featured
15
₦50,000,000 /yr

House for rent

Tastefully Finished 4-Bedroom Terrace with an Attic Room

SH Dorc direct property available for rent _Tastefully finished 4-bedroom terrace with an attic room, an atrium, a study, an ante room, a sit-out area at the back, and Bq Available for rent_ Location: Dew of Hermon, Banana island. Features: Gated, Serene and Secured Estate All en-suite bedrooms with guest toilet. 24/7 Power Supply with personal prepaid meter (Pay as you use) Swimming pool, Sit out Lounge Fully equipped Gym Balconies Ample parking with maximum Security. fitted kitchen Rental Value: 50million Naira Agency @ 10% of rental value Legal @ 10% of rental value Refundable caution deposit: 2.5million Naira Service charge: 2.8million Diesel deposit: 500k Power: N217/kwt Messge or call for inspection Serous client only

Dew of Hermon, Banana Island, Ikoyi, Lagos
4 beds
Zeefit Real Estate Services
4 Bedroom Maisonettes — Banana Island, Ikoyi, Lagos
Featured
8
₦45,000,000 /yr

Terraced duplex for rent

4 Bedroom Maisonettes

Four-Bedroom Maisonette with Maid's Room -- Banana Island, Ikoyi, Lagos Experience luxury living in a secured and gated estate with this elegant four-bedroom maisonette featuring a maid's room. Key Features & Amenities: Expansive living room & formal dining area Modern kitchen with island and pantry Master suite with ensuite CCTV surveillance for added security Three dedicated parking spaces Good access road Rental Details: Ground Floor: ₦45,000,000 per annum Middle Floor: ₦15,000,000 per annum Service Charge: ₦6,000,000 per annum For inquiries and viewings, n.e.w.s Realty Limited +234 813 714 3886

Banana Island, Ikoyi, Lagos
4 beds 4 baths 5 toilets 3 Parking
News Realty Limited
5-Bedroom Semi-Detached House with a Room BQ and Spacious Car Parking — Banana Island, Ikoyi, Lagos
Featured
8
₦100,000,000

Semi-detached duplex for rent

5-Bedroom Semi-Detached House with a Room BQ and Spacious Car Parking

For lease: Description: 5-Bedroom Semi-Detached House with a Room BQ and Spacious Car Parking Area Agency fee: 10% Legal fee: 10% Caution deposit: For corporate use only Pictures available upon request. Code: Hlf 01 Direct clients only.

Banana Island, Ikoyi, Lagos
5 beds
Hope Land Fresh Property LTD
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
Luxury Smart 3 Bedroom Serviced Apartment with BQ — Banana Island, Ikoyi, Lagos
Featured
11
₦40,000,000 /yr

Flat / apartment for rent

Luxury Smart 3 Bedroom Serviced Apartment with BQ

For rent banana island* Luxury 3-Bedroom Flat with BQ situated on the First Floor of a premium Waterfront Property. All rooms are ensuite with guest toilet and spacious bedrooms and fitted kitchen with modern facilities Location: Banana Island Estate, Ikoyi, Lagos ━━━━━━━━━━━━━━ rent: NGN 40M Per Annum Kindly submit your best offer. ━━━━━━━━━━━━━━ Other Charges Payable: - Service Charge: NGN 9.250M - Caution Fee: NGN 2M - Agency Fee: 10% - Legal Fee: 10% Please Note: Pets are not allowed on the property.pru ━━━━━━━━━━━━━

Banana Island, Ikoyi, Lagos
3 beds 3 baths 4 toilets 7 Parking
Oma's Delight Realty

Showing 741–761 of 1,326 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 flats, houses, land and commercial property for rent in Banana Island, Ikoyi, Lagos is ₦55,000,000 per annum.

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

The price of the cheapest flats, houses, land and commercial property for rent in Banana Island, Ikoyi, Lagos is ₦16,000,000 per annum.

There are 1,326 available 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.