Nigeria Property Centre

Property for Rent in Banana Island, Ikoyi, Lagos

There are 1,524 flats, houses, land and commercial properties for rent in Banana Island as of 19 Sep 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.

1,521–1,525 of 1,524 properties for rent

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Premium Plus Top promoted listing
3 Bedrooms Waterfront Apartments with BQ
25 photos
₦50,000,000 /yr

Flat / apartment for rent

3 Bedrooms Waterfront Apartments with BQ

Come experience our new 5Star apartment, boasting a spectacular waterfront view, furnished with the most exceptional & impressive interiors, located in the heart of Banana Island, A neighborhood that exudes opulence & grandeur off the foreshore of Ikoyi, Lagos, Rated by Forbes as one of the most expensive & exclusive residences in Africa, They say, "A picture is worth a thousand word" Wonder if these tell a story as we turn a new chapter in the business of luxury, You be the judge. 1year Rent - 50m Service Charge - 5m Agency - 10% Legal - 10% Caution - 5% Note: for clients who are looking to get long leases, this apartment can go as low as 45m annually.

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

Colmond Enterprise LTD

Luxury 6 Bedrooms Detached Duplex with 2 Rooms BQ and Swimming Pool — Banana Island, Ikoyi, Lagos
16
$150,000 /yr

Detached duplex for rent

Luxury 6 Bedrooms Detached Duplex with 2 Rooms BQ and Swimming Pool

️to let Luxuriously built 6 bedroom detached duplex with 2 rooms bq, fully fitted kitchen, swimming pool, elevator and ample parking space for 8 cars. Location: Banana Island Rent: 150,000 usd (naira equivalent) Service charge: nil Agency: 10% Legal:5% Caution: 5%

Banana Island, Ikoyi, Lagos
5 beds 5 baths 6 toilets 8 Parking
Mo Resources & Services LTD
New & Luxury Waterfront 3 Bedroom Terrace House + BQ — Banana Island, Ikoyi, Lagos
8
₦50,000,000 /yr

Terraced duplex for rent

New & Luxury Waterfront 3 Bedroom Terrace House + BQ

only direct clients ready to make payment immediately New & luxury waterfront terrace house + bq etc Rent: n50m exclusive of service charge In your best interest deal with trusted real estate expert. Call prince ademola osinuga now to pay & move in immediately 08124269637 Wesemoyinconsultz@gmail. Com Luxurybargainsmarket@gmail. Com

Banana Island, Ikoyi, Lagos
3 beds 3 baths 4 toilets 2 Parking
Prince Ademola Osinuga International
Luxury 3 Bedroom Flat with BQ, Swimming Pool and Gym — Banana Island, Ikoyi, Lagos
9
₦60,000,000 /yr

Flat / apartment for rent

Luxury 3 Bedroom Flat with BQ, Swimming Pool and Gym

To let Serviced 3 bedroom flat with bq fitted kitchen, swimming pool, elevator, children play area, tennis court etc Location: Banana Island road Rent: N60m Service charge: N5m Agency: 10% Legal:5% Caution: N1m

Banana Island, Ikoyi, Lagos
3 beds 3 baths 4 toilets
Mo Resources & Services LTD
New 4 Bedroom Apartment + Bq+pool — Banana Island, Ikoyi, Lagos
7
$70,000 /yr

Flat / apartment for rent

New 4 Bedroom Apartment + Bq+pool

direct clients ready to make payment immediately New & luxury 4 bedroom apartment + bq + swimming pool in banana island estate Rent: $70,000 exclusive of service charge In your best interest deal with reputable luxury real estate expert at no extra cost for seamless transactions call prince ademola osinuga now to pay & move in immediately 08124269637

Banana Island, Ikoyi, Lagos
4 beds 4 baths 5 toilets 2 Parking
Prince Ademola Osinuga International

Showing 1,521–1,525 of 1,524 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

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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 1,524 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.