Nigeria Property Centre

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

There are 293 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
2nd Avenue Estate 3rd Avenue Abacha Estate Abdullahi Adamu Estate Awolowo Road Banana Island Bourdillon Road Cooper Road Dolphin Estate Estates Gerrard Road Grenadines Skyvilla Mojisola Onikoyi Estate Osborne Foreshore Estate Osborne Phase 1 Osborne Phase 2 Queen's Drive Shoreline Estate
Features
Furnished Unfurnished

181–200 of 293 properties for rent

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
Unfurnished & Furnished 5-Bedroom Detached House with BQ — Banana Island Road, Ikoyi, Lagos
Featured
10
₦100,000,000 /yr

Detached duplex for rent

Unfurnished & Furnished 5-Bedroom Detached House with BQ

S. Direct Brief️ Fully Furnished 5-Bedroom Detached House with BQ Banana island road, Ikoyi Furnished: ₦120M per annum Unfurnished: ₦100M per annum Agency: 10% ️ Legal: 10% Caution: 10% (Furnished) 5% (Unfurnished) ️ Service Charge: TBD Features: Fully furnished & ensuite rooms Smart TVs & ACs in rooms Modern fitted kitchen ️ Table tennis 40kva generator Fibre internet Water treatment system 24/7 security ️ Perfect for luxury living in a serene and secure estate. ~ness~

Banana Island Road, Ikoyi, Lagos
5 beds 5 baths 6 toilets 5 Parking
White Legacy Realty 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
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
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
Exquisite 5 Bedroom Terrace Duplex with BQ — Banana Island, Ikoyi, Lagos
12
₦40,000,000 /yr

Terraced duplex for rent

Exquisite 5 Bedroom Terrace Duplex with BQ

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 Dap 24/7/26

Banana Island, Ikoyi, Lagos
5 beds 5 baths 6 toilets
Tory's Realty
5 Bedroom Penthouse Maisonette — Old Ikoyi, Ikoyi, Lagos
10
₦150,000,000

House for rent

5 Bedroom Penthouse Maisonette

CW09526 5 Bedroom Penthouse Maisonette in Ikoyi Old Ikoyi, Lagos Experience elevated luxury in this exceptional 5-bedroom penthouse maisonette located in the prestigious Old Ikoyi. Offering expansive living spaces, premium finishes, and first-class amenities, this residence is ideal for executives, diplomats, and families seeking an exclusive lifestyle. Rental Details Rent: ₦150,000,000 per annum Minimum Lease Term: 2 Years Additional Charges Service Charge: ₦3,500,000 per annum Agency Fee: 10% of Total Rent Paid Legal Fee: 10% of Total Rent Paid Refundable Caution Deposit (RCD): 10% of One Year's Rent Features & Amenities 5 Spacious En-Suite Bedrooms Penthouse Maisonette Fully Fitted Kitchen Fitted Air Conditioning Units Swimming Pool Fully Equipped Gym Elevator Bathtub Smoke Detectors Spacious Living & Dining Areas Ample Parking Space Highlights Prestigious Old Ikoyi Address Luxury Penthouse Living Spacious Family-Oriented Layout Premium Contemporary Finishes Ideal for Executives, Diplomats, and Expatriates Professionally Managed Development Close to Victoria Island, Banana Island, Ikoyi Club, Premium Schools, Fine Dining, and Major Business Districts Location: Old Ikoyi, Lagos An exceptional opportunity to lease a luxury 5-bedroom penthouse maisonette in one of Old Ikoyi's most prestigious locations, offering premium amenities, elegant living spaces, and an unmatched lifestyle. For more Information, Pricing and Private Viewings Please Contact: Ifunaya: +234 706 399 0727 Lilian: 09062511340 Email: [email protected] We are Social! Check out other Fantastic Premium Listings on our Social Media Platforms IG: @cwrelagos Twitter: @cwrelagos Facebook: @cwrealestate

Old Ikoyi, Ikoyi, Lagos
5 beds 5 baths 6 toilets
C W Real Estate

Showing 181–200 of 293 properties

Area Guide

About Ikoyi, Lagos

By and large, Ikoyi is a posh neighbourhood with a mishmash of exquisite residential apartments and commercial presence.

Ikoyi borders the Lagos Lagoon and takes up the eastern half of Lagos Island. It is one of the towns that make up the Eti-Osa Local Government Area of Lagos state.

Originally, the British Colonial Governments designated Ikoyi as a residential area for the expatriate community perhaps due to its proximity to the sea. However this arrangement changed with time with big establishments locating their corporate headquarters at Ikoyi. Ikoyi is home to the creme de la creme of the Nigerian society, from diplomats to senior company, business executives and senior public servants.

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 293 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.

Prices for 5 bedroom flats, houses, land and commercial property for rent in Banana Island, Ikoyi, Lagos range from ₦30,000,000 to ₦1,634,844,181.

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