Nigeria Property Centre

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

There are 292 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

21–40 of 292 properties for rent

5 Bedrooms Fully Detached Duplex with BQ, All Ensuite — Banana Island, Ikoyi, Lagos
Premium
20
$140,000 /yr

Detached duplex for rent

5 Bedrooms Fully Detached Duplex with BQ, All Ensuite

Now letting; 3 Nos. fully detached houses in Banana Island, Ikoyi for letting 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 Location: Banana Island, Ikoyi. Rent: $180,000 per annum per house Ownerbananrent180

Banana Island, Ikoyi, Lagos
5 beds 5 baths 6 toilets
Charis Estate
Architectural Masterpiece Serviced 5 Bedroom Semi Detached House with BQ — Banana Island Road, Ikoyi, Lagos
Premium
25
₦80,000,000 /yr

Semi-detached duplex for rent

Architectural Masterpiece Serviced 5 Bedroom Semi Detached House with BQ

Available for letting: Location: Banana Island Road, Ikoyi Description: Architectural masterpiece serviced 5 bed semi detached house with BQ, communal swimming pool, etc. Rent: N80m/annum SC: Call (Jid)

Banana Island Road, Ikoyi, Lagos
5 beds 5 baths 6 toilets 3 Parking
Wale Oguntayo & Co
Serviced 5 Bedroom Semi Detached Duplex — Banana Island Road, Ikoyi, Lagos
Premium
24
₦80,000,000 /yr

Semi-detached duplex for rent

Serviced 5 Bedroom Semi Detached Duplex

Available for letting: Location: Banana Island Road, Ikoyi Description: Architectural masterpiece serviced 5 bed semi detached house with BQ, communal swimming pool, etc. Rent: N80m/annum SC: Call For further enquiries and inspection please contact: Jide Onasile & Co. Chartered Estate Surveyors & Valuers Jide: 08026772294, 08032797503 07088938846 Seyi: 08022928395 08107087779 To learn more about us, visit: www.jideonasileandco.com

Banana Island Road, Ikoyi, Lagos
5 beds 6 baths 6 toilets 5 Parking
Jide Onasile & Co. (a Subsidiary of J C Realtors)
5 Bedroom Penthouse Maisonette — Old Ikoyi, Ikoyi, Lagos
Premium
10
₦150,000,000 /yr

Flat / apartment 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
Brand New Massive and Exquisite 5 Bedroom Semi Detached Duplex — Banana Island, Ikoyi, Lagos
Premium
22
₦95,000,000 /yr

Semi-detached duplex for rent

Brand New Massive and Exquisite 5 Bedroom Semi Detached Duplex

To let Brand New Massive and Exquisite 5 Bedroom Semi Detached Duplex in a Prestigious neighborhood Location: Banana Island, Ikoyi, Lagos. Rent: 95m per annum negotiable Features: 5 bedrooms all en-suite Large Living Area Fully imported Fitted Kitchen Spacious rooms Water Heaters Shower Cubicle Jacuzzi 1 Room BQ Imported fitted kitchen Imported walk in wardrobes Family living on Floor 1 Cinema Room on Floor 3 Massive outdoor hall on Floor 3 Elevator inside the house Massive balcony 24hours Electricity 24 hours Security Expatriate Standard Good aerial view Swimming pool Gym Children playground

Banana Island, Ikoyi, Lagos
5 beds 5 baths 6 toilets 4 Parking
Femi Ismail & Associates
5 Bedroom Terrace Duplex — 3rd Avenue, Banana Island, Ikoyi, Lagos
Premium
12
₦70,000,000 /yr

Terraced duplex for rent

5 Bedroom Terrace Duplex

Description: 5 Bedroom Terrace Apartment located off 3rd Avenue, Banana Island, Ikoyi 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 Rent: N70,000,000 per annum Service charge: N6 million deposit including diesel Agency: 10% Legal: 10% Caution: 5% Pictures available upon request #Olumide realtor

3rd Avenue, Banana Island, Ikoyi, Lagos
5 beds 5 baths 6 toilets
Aloda Limited
Tastefully Built 5 Bedroom Semi Detached + BQ — Banana Island, Banana Island, Ikoyi, Lagos
Premium
11
₦80,000,000 /yr

Semi-detached duplex for rent

Tastefully Built 5 Bedroom Semi Detached + BQ

Tastefully Built 5 Bedroom Semi Detached + BQ + Communal Swimming Pool Road Rent: N80,000,000m Service charge: N3.9 Million Naira Power: N400 Niara per kilowatt Diesel deposit: N200k Monthly Contribution* Caution fees: 10% Legal fees: 10% Agency fees: 10% - Living room - Modern fitted kitchen - BQ (self contained) - Communal swimming pool - 24/7 security & well maintained Estate - Ample parking space Ken 29 Jl

Banana Island, Banana Island, Ikoyi, Lagos
5 beds 5 baths 6 toilets
Tinell's Property
Luxury & Newly Upgraded 5 Bedroom Terrace House + BQ — Banana Island Estate, Banana Island, Ikoyi, Lagos
Premium
1
₦64,999,000 /yr

Terraced duplex for rent

Luxury & Newly Upgraded 5 Bedroom Terrace House + BQ

Direct clients preferable recently upgraded 5 bedroom terrace house + bq+pool in banana island estate rent: N64.999M per annum call prince ademola osinuga international now to pay & move in immediately

Banana Island Estate, Banana Island, Ikoyi, Lagos
5 beds 5 baths 6 toilets 3 Parking
Prince Ademola Osinuga International
Luxury Medium Sized 5 Bedroom Terrace House on 3 Floors + BQ + Pool — Banana Island, Ikoyi, Lagos
Premium
10
₦65,000,000 /yr

Terraced duplex for rent

Luxury Medium Sized 5 Bedroom Terrace House on 3 Floors + BQ + Pool

Direct clients preferable Premium medium sized 5 bedroom terrace house + bq + pool in banana island estate Rent: n64,999,999 Service charge: n6m Call prince ademola osinuga international now to pay & move in immediately

Banana Island, Ikoyi, Lagos
5 beds 5 baths 6 toilets 2 Parking
Prince Ademola Osinuga International
New & Luxury 5 Bedroom Detached House + Rooftop Pool in Shared Compound — Banana Island, Ikoyi, Lagos
Premium
8
$99,900 /yr

Detached duplex for rent

New & Luxury 5 Bedroom Detached House + Rooftop Pool in Shared Compound

Direct clients preferable New & luxury 5 bedroom detached house +bq + private rooftop pool in banana island estate ikoyi Rent: $99,900 per annum approx. $100k naira equivalent Exclusive of service charge & closing fees agency 10%, legal 10%, caution fees Call prince ademola osinuga international now to pay & move in immediately

Banana Island, Ikoyi, Lagos
5 beds 5 baths 6 toilets 3 Parking
Prince Ademola Osinuga International
2 Units of Fully Detached Houses — Banana Island, Ikoyi, Lagos
Premium
18
$100,000 /yr

Detached duplex for rent

2 Units of Fully Detached Houses

2 Nos. fully detached houses in Banana Island, Ikoyi for letting Features: - 5 bedrooms all en-suite - 2 living rooms - Lift - Cinema room - Home Automation - Study/Home Office - Suspended swimming Pool - 2 bedroom BQ - gym house - Fully fitted kitchen Location: Banana Island, Ikoyi. Rent: $100,000 per annum per duplex Agency: 10% Legal: 10% Caution: 10%

Banana Island, Ikoyi, Lagos
5 beds 6 baths 6 toilets 5 Parking
Tenvo Ventures
Luxury 5 Bedroom Semi Detached Terrace Styled House + BQ + Rooftop — Banana Island, Ikoyi, Lagos
Premium
4
₦80,000,050 /yr

Terraced duplex for rent

Luxury 5 Bedroom Semi Detached Terrace Styled House + BQ + Rooftop

Direct clients preferable new & luxury 5 bedroom semi detached terrace styled house + BQ + rooftop in banana island estate ikoyi rent: N80M exclusive of service charge call prince ademola osinuga international now to pay & move in immediately 08124269637 [email protected] [email protected]

Banana Island, Ikoyi, Lagos
5 beds 5 baths 6 toilets 2 Parking
Prince Ademola Osinuga International
5 Bedrooms Detached Duplex — Banana Island, Ikoyi, Lagos
Premium
13
₦130,000,000 /yr

Detached duplex for rent

5 Bedrooms Detached Duplex

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: N130 million per annum Terms can be negotiated

Banana Island, Ikoyi, Lagos
5 beds 5 baths 6 toilets
Sept 17 Homes and Properties LTD
New and Luxury 3 Units of 5 Bedroom Houses + Private Pool + Elevator — Banana Island, Ikoyi, Lagos
Premium
8
₦139,900,000 /yr

Detached duplex for rent

New and Luxury 3 Units of 5 Bedroom Houses + Private Pool + Elevator

Direct clients who are ready to make payment immediately Newly built 3 nos 5 bedroom detached houses with private rooftop swimming pool + elevator + garage etc within shared premises in banana island estate Rent: n139,900,000 per annum for each building. Exclusive of service charge & closing fees Call prince ademola osinuga international (no. 1 luxury real estate specialist) now to pay & move in immediately 08124269637 Wesemoyinconsultz@gmail. Com Luxurybargainsmarket@gmail. Com

Banana Island, Ikoyi, Lagos
5 beds 5 baths 6 toilets 4 Parking
Prince Ademola Osinuga International
5 Bedroom Detached Duplex with Servants Quarters — Banana Island, Ikoyi, Lagos
Premium
7
₦120,000,000 /yr

Detached duplex for rent

5 Bedroom Detached Duplex with Servants Quarters

To let a fully detached luxury 5 bedroom Detached duplex plus 2 separate rooms service quarters. With security house and ample parking space Location: In a quiet and serene Close of Banana Island, Ikoyi Rental price: 120 million per annum (slighly negotiable)

Banana Island, Ikoyi, Lagos
5 beds 5 baths 6 toilets
Leeward Properties
5 Bedroom Fully Detached House with Servant Quarters — 5 Avenue, Banana Island, Ikoyi, Lagos
Premium
10
₦130,000,000 /yr

Detached duplex for rent

5 Bedroom Fully Detached House with Servant Quarters

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:5th Avenue, Banana Island, Ikoyi Rental price: N130 million per annum Terms can be negotiated

5 Avenue, Banana Island, Ikoyi, Lagos
5 beds 5 baths 6 toilets
Leeward Properties
5 Bedrooms Detached Duplex — Banana Island, Ikoyi, Lagos
Premium
7
₦120,000,000 /yr

Detached duplex for rent

5 Bedrooms Detached Duplex

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, Banana Island, Ikoyi Rental price: 120 million per annum slighly negotiable

Banana Island, Ikoyi, Lagos
5 beds 5 baths 6 toilets
Sept 17 Homes and Properties LTD
A Well Finished 5 Bedroom Terrace Duplex with BQ — Banana Island, Ikoyi, Lagos
Premium
11
₦70,000,000 /yr

Terraced duplex for rent

A Well Finished 5 Bedroom Terrace Duplex with BQ

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 Rent: N70,000,000 per annum Service charge: N6 million deposit including diesel Agency: 10% Legal: 10% Caution: 5% Pictures available upon request.

Banana Island, Ikoyi, Lagos
5 beds 5 baths 6 toilets
John360homes
Luxury 5 Bedroom Semi Detached House+bq — Banana Island, Ikoyi, Lagos
Premium
2
₦79,505,050 /yr

Semi-detached duplex for rent

Luxury 5 Bedroom Semi Detached House+bq

Direct clients only Luxury 5 bedroom semi detached house +bq+gym+ swimming pool etc in Banana Island estate, Ikoyi Rent: ₦79.9m x 2 years Exclusive of service charge Call Prince Ademola Osinuga now to pay move in immediately 08124269637 Wesemoyinconsultz@gmail. Com Luxurybargainsmarket@gmail. Com

Banana Island, Ikoyi, Lagos
5 beds 5 baths 6 toilets 2 Parking
Prince Ademola Osinuga International
Newly Built 5 Bedroom Semi Detached House + BQ — Banana Island, Ikoyi, Lagos
Premium
7
₦80,000,000 /yr

Semi-detached duplex for rent

Newly Built 5 Bedroom Semi Detached House + BQ

Direct clients only Newly built well sized luxury 5 bedroom semi detached house + bq etc banana island estate in ikoyi Rent: n80m per annum, exclusive of service charge and closing fees Location; banana island estate ikoyi i Call prince ademola osinuga now to pay & move in immediately 08124269637 Wesemoyinconsultz@gmail. Com Luxurybargainsmarket@gmail. Com

Banana Island, Ikoyi, Lagos
5 beds 5 baths 6 toilets 3 Parking
Prince Ademola Osinuga International

Showing 21–40 of 292 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 292 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 ₦1,634,124,226.

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