Nigeria Property Centre

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

There are 296 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

161–180 of 296 properties for rent

Fully Detached Luxury 5 Bedroom House Plus 1 Room Service Quarters — Banana Island, Ikoyi, Lagos
Featured
14
₦150,000,000 /yr

Detached duplex for rent

Fully Detached Luxury 5 Bedroom House Plus 1 Room Service 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: Banana Island, Ikoyi Rental price: 150 million per annum asking Note: Renovations to be do done .................................................................... For more enquiries and inspections, please call us on 09098586908 08090876670 Follow us on Instagram on Rosemond hills properties Facebook Rosemond hills limited

Banana Island, Ikoyi, Lagos
5 beds 5 baths 6 toilets 4 Parking
Rosemond Hills Limited
5 Bedroom Fully Detached — Banana Island, Ikoyi, Lagos
Featured
18
₦150,000,000 /yr

Detached duplex for rent

5 Bedroom Fully Detached

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 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 9 Parking
Genesis Gem Realty LTD
Spacious 5 Bedroom Detached House with Service Quarters and Pool — Banana Island, Ikoyi, Lagos
Featured
23
₦170,000,000 /yr

Detached duplex for rent

Spacious 5 Bedroom Detached House with Service Quarters and 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: 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%

Banana Island, Ikoyi, Lagos
5 beds
First Class Realties
5 Bedrooms Detached Duplex with Boys Quarters & Swimming Pool — Banana Island, Ikoyi, Lagos
Featured
16
₦170,000,000 /yr

Detached duplex for rent

5 Bedrooms Detached Duplex with Boys Quarters & Swimming Pool

Direct Brief 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: 170 million per annum asking Note: Renovations to be done Cert

Banana Island, Ikoyi, Lagos
5 beds 5 baths 6 toilets 5 Parking
Kehinde Akintobi & Co. Limited
Spacious 5 Bedroom Semi Detached with a BQ, Pool in a Secure Estate — Banana Island, Ikoyi, Lagos
Featured
17
₦80,000,000 /yr

Semi-detached duplex for rent

Spacious 5 Bedroom Semi Detached with a BQ, Pool in a Secure Estate

Tastefully built five (5) bedroom semi detached in a serene environment inside an estate with a room boys quarter and a communal swimming pool, in banana island now available for letting Location Banana island road Rent: N80 Million Naira Service charge: To BE discused Caution fees: N1.5 Million Naira Legal fees: 10% of gross rental value Agency fees: 10% of gross rental value -Living room -Modern fitted kitchen -BQ(self contained) -Communal swimming pool -24/7 security & well maintained Estate -Ample parking space

Banana Island, Ikoyi, Lagos
5 beds 5 baths 6 toilets 3 Parking
Gi.forty Homes
Luxury 5 Bedroom Fully Detached Duplex with BQ, Pool & Elevator — Banana Island, Ikoyi, Lagos
Featured
22
₦150,000,000 /yr

Detached duplex for rent

Luxury 5 Bedroom Fully Detached Duplex with BQ, Pool & Elevator

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 3 Parking
Evezy Concepts
2 Units of 5 Bedrooms Detached Duplex with BQ — Ikoyi, Lagos
Featured
11
₦40,000,000 /yr

Terraced duplex for rent

2 Units of 5 Bedrooms Detached Duplex with BQ

Just out today! To let Remarkably, tastefully built five (5) bedroom terrace property with a room boys quarter on banana island road is now available for immediate letting Locationbanana island road Rent: n40 million naira Service charge: Caution fees: 10% of gross rental value Legal fees: 10% of gross rental value Agency fees: 10% of gross rental value For physical inspection please call :09076012944

Ikoyi, Lagos
5 beds 5 baths 6 toilets 5 Parking
Real and Reliable Home's Limited
Tastefully Finished 5 Units of 4 Bedroom Terraced with a Room Service — Banana Island, Ikoyi, Lagos
Featured
8
₦60,000,000 /yr

Terraced duplex for rent

Tastefully Finished 5 Units of 4 Bedroom Terraced with a Room Service

For lease: Description: Tastefully finished 5 units of 4 bedroom terraced with a room service quarter each Location: Banana Island, Ikoyi Reviewed Rent: 60 million Naira per annum per unit Service charge: N3.5 million Naira inclusive of estate dues per apartment Diesel Deposit: N2 million per apartment Service charge covers, Security, water, cleaning of common areas, lightning of common areas, fumigation... Features; Ample parking space Fully fitted kitchen Walk-in closet Fire alarm system Dining area ACs Ela

Banana Island, Ikoyi, Lagos
5 beds 5 baths 6 toilets 3 Parking
PM Homes Nig
Beautiful 5 Bedroom Terrace Duplex — Banana Island, Ikoyi, Lagos
Featured
11
₦40,000,000

Terraced duplex for rent

Beautiful 5 Bedroom Terrace Duplex

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 Jn

Banana Island, Ikoyi, Lagos
5 beds
Giftedkings Gardens
2 Units of 5 Bedroom Terrace Duplex with BQ — Banana Island, Ikoyi, Lagos
Featured
11
₦40,000,000 /yr

Terraced duplex for rent

2 Units of 5 Bedroom Terrace Duplex with BQ

To let 2 Units of Spacious 5-Bedroom Terrace Houses with 1-Room BQ Banana Island Road, Ikoyi Rent: ₦40 Million per annum (per unit) Features: 5 En-suite Bedrooms Spacious Living Areas 1-Room BQ 3--4 Car Parking Spaces Prime & Secure Location Charges: - Agency Fee -- 10% - Legal Fee -- 10% - Caution Fee -- 10% - Service Charge -- TBD

Banana Island, Ikoyi, Lagos
5 beds 5 baths 6 toilets
Best Idea Realty
Self Serviced 5 Bedroom Semi-Detached Duplex with BQ and Generator — Banana Island, Ikoyi, Lagos
Featured
18
₦80,000,000 /yr

Semi-detached duplex for rent

Self Serviced 5 Bedroom Semi-Detached Duplex with BQ and Generator

To let self serviced 5 bedroom semi-detached duplex with bq,fitted kitchen, ensuite rooms,walk-in closet,private elevator, underground parking,private functional generator and private compound in a mini estate. Location: Banana Island Estate Rent: 80M

Banana Island, Ikoyi, Lagos
5 beds 5 baths 6 toilets 5 Parking
Mo Resources & Services LTD
Contemporary Finished 5 Bedroom Detached House with Stunning City & Water View — Banana Island, Ikoyi, Lagos
Featured
10
$100,000 /yr

Detached duplex for rent

Contemporary Finished 5 Bedroom Detached House with Stunning City & Water View

Contemporary Finished 5 Bedroom Detached House with Stunning City & Water Views Key Features 5 Spacious Bedrooms -- All En-Suite 2 Living Rooms Cinema Room Study/Home Office Private Swimming Pool 2 Room BQ Fully Fitted Kitchen Home Automation Private Lift Stunning City & Water Views Spacious Outdoor Seating Area Stamp Concrete Flooring Steady Electricity Supply 24/7 Security Clean Water Supply Located in a Highly Secured Environment Rental Details Location: Banana Island, Ikoyi, Lagos Rent: $100,000 Per Annum Service Charge: ₦10M Agency Fee: 10% Legal Fee: 10% Caution Deposit: 10

Banana Island, Ikoyi, Lagos
5 beds 6 baths 6 toilets 10 Parking
Fidelity Homes and Property Services
5 Bedroom — Banana Island Road, Ikoyi, Lagos
Featured
6
₦85,000,000 /yr

Semi-detached duplex for rent

5 Bedroom

Luxury five 5 Bedroom Semi-detached Houses in ikoyi, off banana island road For rent Feautures include: *Fitted Kitchen *Storage *Laundry Room *5 Bedrooms En-suite *Family Lounge *Water Treatment Plant *Green Area *Service Quarter type a rent - $70,000 type C rent - $80,000 Agency 10% Legal 10% Sc- self serviced Diesel- self serviced. Bring your own Generator

Banana Island Road, Ikoyi, Lagos
5 beds 6 baths 6 toilets 3 Parking
Epta Luxury Estates
A 5 Bedroom Duplex — Abia Street, Banana Island, Ikoyi, Lagos
Featured
11
₦125,000,000 /yr

Detached duplex for rent

A 5 Bedroom Duplex

A Fully Detached Luxury 5 Bedroom House, With 2 Room BQ, Available for Rent. A Clean, Nice spacious house, Well gated and secured compound, highly secured Estate, Well organize and structured, comes with a Security House, ample Parking space. Located: In a Quiet and Serene Close, at Banana Island, Ikoyi, Lagos Hurry; 1st Pay, 1st Get inspection fee 20k. Rent: 125M Agent: 10% Legal: 10% Caution: 10% Service Charge: 4M call; (agybdA) Mr Touns 08122254648 (iykI) For Enquiries, Inspection, and Payment,

Abia Street, Banana Island, Ikoyi, Lagos
5 beds 5 baths 6 toilets 5 Parking
Spartan Planet
A 5bed Duplex with a BQ — Banana Island, Ikoyi, Lagos
Featured
18
₦50,000,000 /yr

House for rent

A 5bed Duplex with a BQ

A 5bed maisonnette going out for rent in the residential zone of Banana Island with attached swimming pool, gym and bq. Rent: 50m Sc:5m (diesel inclusive and exclusive power) Agency:10% Legal:10% Caution to be discussed Vat:7.5% 2 tenants in compound and it is strictly for expatriates. (Lar)

Banana Island, Ikoyi, Lagos
5 beds 5 baths 6 toilets 4 Parking
Wale Oguntayo & Co
Luxury 5 Bedrooms Semi Detached Duplex with Communal Swimming Pool — Banana’s Island Road Ikoyi, Ikoyi, Lagos
Featured
17
₦80,000,000 /yr

Semi-detached duplex for rent

Luxury 5 Bedrooms Semi Detached Duplex with Communal Swimming Pool

Serviced 5-Bedroom semi detached house with BQ -Living room -Modern fitted kitchen -BQ(self contained) -Communal swimming pool -24/7 security & well maintained Estate -Ample parking space Location: Banana Island Road, Ikoyi Rent: N80M/annum

Banana’s Island Road Ikoyi, Ikoyi, Lagos
5 beds 5 baths 6 toilets 4 Parking
Benlary Reality Home
Massive Fully Detached 5 Bedroom Duplex with 2 BQ — Off Abia Street, Banana Island, Ikoyi, Lagos
Featured
1
₦125,000,000 /yr

Detached duplex for rent

Massive Fully Detached 5 Bedroom Duplex with 2 BQ

Fully detached 5 bedroom house plus 2 separate rooms service quarters with security house and ample parking space. Location: Off Abia Street, Banana Island, Ikoyi Rent: 125 million per annum* pictures available on request

Off Abia Street, Banana Island, Ikoyi, Lagos
5 beds 6 baths 6 toilets
Dotline Realtors and Construction Limited
5 Bedroom Waterview Semi-Detached Duplex — Shoreline Drive, Ikoyi, Lagos
Featured
5
₦80,000,000 /yr

Semi-detached duplex for rent

5 Bedroom Waterview Semi-Detached Duplex

Waterfront building, you can easily view the shoreline estate, banana Island and accessible of the Lekki Link bridge from the balcony.

Shoreline Drive, Ikoyi, Lagos
5 beds 5 baths 7 toilets 4 Parking
Tee a Real Estate Agent.
Waterview Detached 5 Bedrooms with Cenima, Gym, Pool, Elevator — Banana Island, Ikoyi, Lagos
Featured
25
₦150,000,000 /yr

Detached duplex for rent

Waterview Detached 5 Bedrooms with Cenima, Gym, Pool, Elevator

To Let semi Brand new luxury 5bedroom fully detached houses in Banana Island, Ikoyi Rent 150m Agency 10% Legal 10% Caution 10% 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 Pictures available

Banana Island, Ikoyi, Lagos
5 beds 5 baths 6 toilets 5 Parking
Wifis and Avaland
Fully Detached Luxury 5 Bedroom House with BQ — Banana Island, Ikoyi, Lagos
Featured
11
₦125,000,000 /yr

Detached duplex for rent

Fully Detached Luxury 5 Bedroom House with BQ

For Lease A fully detached luxury 5 bedroom house plus 2 separate rooms service quarters. With security house and ample parking space Location: Banana Island, Ikoyi Rental price: 125 million per annum Note: Renovations completed now Ayub/W

Banana Island, Ikoyi, Lagos
5 beds
Oip Properties

Showing 161–180 of 296 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 296 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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