Nigeria Property Centre

Property for Rent in Banana Island, Ikoyi, Lagos

There are 1,568 flats, houses, land and commercial properties for rent in Banana Island as of 8 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.

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

1,361–1,381 of 1,568 properties for rent

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

Fully Furnished 3 Bedroom Waterfront with Pool and Elevator — Banana Island, Ikoyi, Lagos
1
₦55,000,000 /yr

Flat / apartment for rent

Fully Furnished 3 Bedroom Waterfront with Pool and Elevator

Banana island Fully Furnished 3bedroom waterfront with pool and elevator; *rent #55m net. *sc #4.5m *diesel deposit #1.5m *agency and agreement 10% each . *caution fee 10%. Town

Banana Island, Ikoyi, Lagos
3 beds
Charis Estate
Brand New Smart 5 Bedroom Fully Detached House with Elevator — Off Banana Island Estate Road, Patrick Harbour Estate, Ikoyi, Lagos
18
₦150,000,000 /yr

Detached duplex for rent

Brand New Smart 5 Bedroom Fully Detached House with Elevator

Patrick harbour estate sales off banana island estate road, ikoyi, lagos Brand New Smart 5 Bedroom Duplex in Patrick Harbour Estate features *One Massive living room with dining area *2 family living room with a kitchenette on the last floor *Fully Fitted Kitchen *Private 6 sitter cinema *Gym *2 rooms bq *Elevator *Built proof Entrance door and back Kitchen door *Anteroom *Generator *Swimming pool *Surround sound system *Car park for 8 cars *box room Land Size: 600sqm Rent Price: N150M shonuray

Off Banana Island Estate Road, Patrick Harbour Estate, Ikoyi, Lagos
5 beds 6 baths 6 toilets 8 Parking
David Moren Property Services
Luxury 3 Bedroom Apartment — Banana Island, Ikoyi, Lagos
12
₦37,000,000 /yr

Flat / apartment for rent

Luxury 3 Bedroom Apartment

semi direct property For rent: 3-bedroom flat with bq _on the first floor in a waterfront property_ amenities _fitted kitchen (with microwave and oven); waterfront swimming pool area; waterfront gym area; bq; box room; laundry room; all rooms en-suite; waterfront view; 24-hour power; 24-hour security personnel; facility personnel on-site and so much more. _ Location: banana island estate, ikoyi, lagos_ Rent price: ngn37m Service charge: 9. 250m Caution fee: 2m Agency: 10% Legal: 10% Please note: pets are not allowed in the property.

Banana Island, Ikoyi, Lagos
3 beds 3 baths 4 toilets
Lawrence King Homes
509 SQM of Land — Banana Island, Ikoyi, Lagos
1
₦2,500,000,000 /yr

Residential land for rent

509 SQM of Land

For sale SlvGabkel Corner-piece land measuring 509sqm for sale Banana Island, Lagos Price: ₦2.5billion Title: Lag Certificate of Occupancy

Banana Island, Ikoyi, Lagos
360 Degree Properties LTD
Serviced 3 Bedroom Flat with BQ and Swimming Pool — Banana Island, Ikoyi, Lagos
11
₦40,000,000 /yr

Flat / apartment for rent

Serviced 3 Bedroom Flat with BQ and Swimming Pool

To let Fully serviced 3 bedroom flat with bq,fitted kitchen, large living room,24hrs electricity, swimming pool, gym and ample parking. Location: banana island Rent: 40m Service charge: 9. 5m Agency: 10% Legal: 5% Caution:5%

Banana Island, Ikoyi, Lagos
3 beds 3 baths 4 toilets 3 Parking
Mo Resources & Services LTD
Luxury 5 Bedroom Detached Duplex with Elevator, Home Office — Banana Island, Ikoyi, Lagos
15
$100,000 /yr

Detached duplex for rent

Luxury 5 Bedroom Detached Duplex with Elevator, Home Office

Semi direct brief Luxury 5-bedroom detached duplex with elevator Location: Banana Island, Ikoyi Features: Two living rooms Elevator Cinema Home automation Home office/study Suspended pool 2-bedroom BQ Gym house * Fully fitted kitchen Rent: ₦150 Million Service charge: ₦10 Million alc: 10% each

Banana Island, Ikoyi, Lagos
5 beds 5 baths 6 toilets
Propellr Homes
Luxury 3 Bedrooms Apartment with BQ, Swimming Pool, Gym and Lift — Banana Island, Ikoyi, Lagos
11
₦68,000,000 /yr

Flat / apartment for rent

Luxury 3 Bedrooms Apartment with BQ, Swimming Pool, Gym and Lift

For Rent 3bedroom Apartment for rent in Banana island Ikoyi Rent : 68,000,000 Agency fee : 10% Legal Fee: 10% Caution Fee: 5% Service Charges: 6M Features: All room en-suite Spacious living room Fitted kitchen with cabinet Stamp floor Pop ceiling Water heater Walk-in shower Security personnel Clean water Industrial borehole Spacious masters Bedroom Swimming Pool Gym Elevator Call/Whatsapp - 08025262007/07035299955

Banana Island, Ikoyi, Lagos
3 beds 3 baths 4 toilets
Sinclaire Homes LTD
3 Bedrooms Terraced House in One of Most Exclusive Area — Old Ikoyi, Ikoyi, Lagos
1
₦65,000,000 /yr

Terraced duplex for rent

3 Bedrooms Terraced House in One of Most Exclusive Area

Banana Island, Ikoyi a refined 3-bedroom terrace apartment in one of Lagos's most exclusive and secure enclaves. This residence offers comfortable luxury, modern facilities, and an upscale lifestyle. Vacant possession available by November/December. Property Features - 3 Bedrooms (all en-suite) - Swimming Pool - Fully Fitted Kitchen - Laundry Area - Boys' Quarters (BQ) - Well-secured and private environment - Rent: ₦65,000,000 per annum - Service Charge: ₦8,500,000 (excluding personal power and diesel) - Agency Fee: 10% - Legal Fee: 10% - Caution Fee: (5%) Town

Old Ikoyi, Ikoyi, Lagos
3 beds
Charis Estate
Unfurnished 2 Bedroom Apartment — Banana Island, Ikoyi, Lagos
14
₦16,000,000 /yr

Flat / apartment for rent

Unfurnished 2 Bedroom Apartment

Direct clients only Unfurnished 2-bedroom apartment +. Swimming pool in Banana Island estate, Ikoyi Price: ₦16m per annum Call now to pay & move in immediately

Banana Island, Ikoyi, Lagos
2 beds 2 baths 3 toilets 1 Parking
Prince Ademola Osinuga International
510SQM Grade a Office Space Premium Service — Banana Island, Ikoyi, Lagos
1
$650 per sq.m / p.a.

Office space for rent

510SQM Grade a Office Space Premium Service

The development is a twin tower office building comprising an 11-storey tower with 2-levels of elevated car parking, and a 10-Storey tower with 1- level of elevated car parking, connected via a podium. L an exclusive office development comprising of two towers of Grade a luxury offices and support facilities located in the waterfront of Banana Island, Ikoyi. Each Tower comprises of approximately 7,370sqm open plan lettable space across 9 floors. Respective floors average 1020sqm and can be subdivided into smaller tenancies measuring approximately 225sqm. The property also has a lettable space on the ground floor measuring approximately 115sqm on each tower Other features Raised floors Central cooling system General reception area Breath- taking City and water views Sufficient Parking spaces Two (2) nos. passenger lifts per tower One (1) good's lift per tower Driver's Lounge CCTV Accessible Toilets Access control features Coffee and Confectionary shops in each tower. Ownerwura Troll

Banana Island, Ikoyi, Lagos
Charis Estate
Newly Built 4 Bed Terraces — Ikoyi, Lagos
14
₦70,000,000 /yr

Terraced duplex for rent

Newly Built 4 Bed Terraces

For lease on banana island road Luxury 4-Bed Terraces & Maisonettes with a room bq each. Comes with swimming pool, gym, waterfront and non water front. Maisonettes: 80 million per annum Terraces: 70 million per annum SC: 6 million deposit Power Dep: 4.5 million Agency:10% Legal:10% Caution: 5%

Ikoyi, Lagos
4 beds 4 baths 5 toilets
Alvinacle Properties
Brand New 4 Bedroom Duplex — Banana Island, Ikoyi, Lagos
15
₦70,000,000 /yr

Terraced duplex for rent

Brand New 4 Bedroom Duplex

For rent 4-bedroom terrace / maisonette with BQ, pool & GYM Location: Banana Island, Ikoyi Available Options: - 4-Bedroom Terrace + BQ: ₦80,000,000 per annum - 4-Bedroom Maisonette + BQ: ₦70,000,000 per annum Additional Charges: Service Charge Deposit: ₦6,000,000 Power Deposit: ₦4,500,000 Agency: 10% Legal: 10% Caution: 10% Features: 4 Bedrooms (All Ensuite) Boys' Quarters (BQ) Swimming Pool Fully Equipped Gym Spacious Living Areas Quality Finishing Waterfront & Non-Waterfront Units Available Secure & Serene Environment For enquiries please contact Ifeoma on 09098586908 08090876670

Banana Island, Ikoyi, Lagos
4 beds 4 baths 5 toilets 2 Parking
Rosemond Hills Limited
5 Bedrooms Terraced Duplex — Banana Island, Ikoyi, Lagos
12
₦75,000,000 /yr

Terraced duplex for rent

5 Bedrooms Terraced Duplex

Ikoyi banana island terrace rent Description: 5 Bedroom Terrace Apartment located in Banana Island, ikoyi. Rent: ₦75M per annum Service Charge: ₦6 million deposit, including diesel Agency: 10% Legal: 10% Caution: 5% 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 Olu

Banana Island, Ikoyi, Lagos
5 beds 6 baths 6 toilets 3 Parking
Go Global Realty
Premium 4-Bedroom Terrace + BQ — Banana Island, Ikoyi, Lagos
22
₦80,000,000 /yr

Terraced duplex for rent

Premium 4-Bedroom Terrace + BQ

A spacious 4-bedroom terrace with Boys' Quarters, offering comfortable rental living complemented by leisure facilities and flexible unit options, set within a secure and serene environment in Banana Island, Lagos. Location: 4-bedroom terrace with BQ on Banana Island Road, Lagos Price: ₦80,000,000 per annum Estate & Infrastructure: Secure and serene estate. Well-managed environment. Waterfront and non-waterfront options available. Good internal access. Property Details: 4 bedrooms all ensuite. Boys' Quarters. Swimming pool. Fully equipped gym. Generous living areas. Premium interior finishing. Adequate parking space. Documentation: Valid lease documentation available. Payment Plan: Annual rent. Ownership: Direct listing. Negotiation allowed. DM or call to arrange a private inspection.

Banana Island, Ikoyi, Lagos
4 beds 5 baths 5 toilets 3 Parking
House Davanni Realty LTD
Luxury 3 Bedroom Apartment with Excellent Facility — Banana Island, Banana Island, Ikoyi, Lagos
10
₦45,000,000 /yr

Flat / apartment for rent

Luxury 3 Bedroom Apartment with Excellent Facility

To let 3 bedroom apartment with a BQ (4th Floor) Location: Banana Island Rd,Lagos ° Price: 45m per annum Other Charges : Agency 10% Legal 5% Caution: 10% Service Charge : 2m Total: 58,250,000 Features - 24 Hours Security - All Rooms Ensuite - Serene Environment - Fitted Kitchen - Elevator - Relaxation Area - Interlocked Floor - Water Heater - Walk In Shower - Fully Serviced Man

Banana Island, Banana Island, Ikoyi, Lagos
3 beds 3 baths 4 toilets 2 Parking
Simeon@davochi Homes
Luxury 4 Bedroom Penthouse Apartment +bq+pool+gym — Banana Island Estate, Ikoyi, Lagos
6
₦50,000,000 /yr

Flat / apartment for rent

Luxury 4 Bedroom Penthouse Apartment +bq+pool+gym

Direct clients preferable luxury 4 bedroom penthouse apartment + BQ + GYM + pool + tennis court + squash etc in banana island estate ikoyi price: N50,00,000 per annum service charge: N4M closing fees applicable call prince ademola osinuga international now to pay & move in immediately

Banana Island Estate, Ikoyi, Lagos
4 beds 4 baths 5 toilets 2 Parking
Prince Ademola Osinuga International
Smart 3 Bedroom Flat with Premium Finishing — Banana Island, Ikoyi, Lagos
11
₦90,000,000 /yr

Flat / apartment for rent

Smart 3 Bedroom Flat with Premium Finishing

Brand new premium 3-bedroom smart house with - bq, fully fitted kitchen, elevator, swimming pool, lounge and a beautiful view inside Banana Island. Fully serviced facility rent per annum - 90m service charge 5m C of O

Banana Island, Ikoyi, Lagos
3 beds 3 baths 4 toilets 2 Parking
Arc Homes
3 Bedroom Apartment with BQ — Banana Island, Ikoyi, Lagos
9
₦50,000,000 /yr

House for rent

3 Bedroom Apartment with BQ

To let 3 bed apartment with BQ Bella Vista, Banana Island Rent: 50m S/C: 4m Caution: 3m L&A: 10% each

Banana Island, Ikoyi, Lagos
3 beds 3 baths 4 toilets 4 Parking
Fidelity Homes and Property Services
Furnished Waterfront 3-Bedroom Apartment — Banana Island, Ikoyi, Lagos
1
₦65,000,000 /yr

Flat / apartment for rent

Furnished Waterfront 3-Bedroom Apartment

Fully Furnished Waterfront 3-Bedroom Apartment at Ocean Parade, Banana Island, Ikoyi, Lagos. Rent: N65m per annum Service charge: N10m Caution fee: 10% Agency: 10% Legal: 10% Property Features: - 3 spacious en-suite bedrooms - 1 BQ - Fully fitted modern kitchen - Central air-conditioning - Elevator access - 2 dedicated parking spaces - ⁠Driver's lounge - Swimming pool - ⁠Fully fitted gym - ⁠Tennis & paddle courts - Basketball court - ⁠Jetty access - ⁠Children Play area - ⁠Secure Estate - ⁠Water view Please note: Internal pictures are currently unavailable Town

Banana Island, Ikoyi, Lagos
3 beds 3 baths 4 toilets
Charis Estate
Fully Serviced Luxury Highrise 3 Bedrooms Apartment with Pool, Gym & BQ — Banana Island, Ikoyi, Lagos
12
₦50,000,000 /yr

Flat / apartment for rent

Fully Serviced Luxury Highrise 3 Bedrooms Apartment with Pool, Gym & BQ

Fully Serviced Luxury Highrise 3 Bedrooms Apartment with Pool, Gym & BQ in a Coded Estate For Rent. Location: BellaVista Banana Island Estate, Ikoyi, Lagos. Rent: ₦50M Per annum Service charges: ₦4M Agency fees: 10% Legal Fees: 10% Refundable caution deposit: 10% Features: Gated Estate - Serviced Estate - Armed Security - Swimming Pool - Elevator - Gymnastics - Lawn Tennis - Clubhouse Fully Fitted Kitchen - 1-room BQ - All Rooms Ensuite - Guest's Toilet - 24 Hours light ️ - 24 Hours Security - Fitted Wardrobes - All Rooms Ensuite - Dining Section - Good Road - Serene environment - Prime location - Good neighborhood - Clean Water - Good drainage system Slvyun

Banana Island, Ikoyi, Lagos
3 beds 3 baths 4 toilets
Awodd Properties LTD

Showing 1,361–1,381 of 1,568 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 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 ₦12,000,000 per annum.

There are 1,568 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.

Prices for flats, houses, land and commercial property for rent in Banana Island, Ikoyi, Lagos range from ₦300,000 to ₦105,736,224,240.

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