Nigeria Property Centre

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

There are 250 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.

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1–20 of 250 properties for rent

Luxurious 5 Bedroom Semi-Detached Duplex with BQ — Banana Island, Ikoyi, Lagos
Premium
23
₦100,000,000 /yr

Semi-detached duplex for rent

Luxurious 5 Bedroom Semi-Detached Duplex with BQ

Spacious self gated, semi detached, 5 bedroom duplex for Rent in banana island, ikoyi Residential Area & corner piece with boy quarter, all rooms ensuite, fitted kitchen private Elevator banana island ikoyi. Rent price; N100m per annum asking. Parking space; 4/5cars Terms; 2 yrs. Agency fees; 10% Legal fees; 10% Caution fees; N5m Vat ;7.5% Wand 6/8/26

Banana Island, Ikoyi, Lagos
5 beds 5 baths 6 toilets
Tory's Realty
Massive 5 Bedroom Detached Home (with Spacious Private Compound) — Banana Island, Ikoyi, Lagos
Premium
25
₦125,000,000 /yr

Detached duplex for rent

Massive 5 Bedroom Detached Home (with Spacious Private Compound)

Massive 5 Bedroom Detached Home within a private/exclusive and self-serviced compound located within Banana Island Estate, Ikoyi, Lagos. Accommodation details: Ground floor -- Main Entrance; Spacious Guest Waiting Area; Massive Living Area; Ample Designated Dining Area; Ample Kitchen; Guest Toilet; 1st Bedroom (ensuite). First floor -- 2nd Bedroom (ensuite); 3rd Bedroom (ensuite); Ample Family Lounge (with sit-out balcony); 4th Bedroom (ensuite); Gigantic Master Bedroom (ensuite). Other features: Partly-fitted Kitchen; Good quality wardrobes; Good quality Sanitary Wares and Bathrooms; Good quality fixtures and fittings; 2-Room Steward Quarters; Generator House; Gate-House; etc. Facilities/amenities: Gated private compound; Borehole with Water Treatment Plant; Adequate Water Storage Tanks; Car-park for 5 cars; Green areas with matured trees; etc. Rent is NGN125,000,000 (ONE hundred and twenty five million naira ONLY) per annum. Refundable Security Deposit is NGN6M. Term -- Please call. Agency Fee and Legal Fee applies. All pricing are as at may 14, 2026 and subject to adjustment. Kindly note: (1) All enquiries could be made between 8:00am -- 7:00pm (Monday -- Friday) and between 8:00am -- 2:00pm (Saturdays); (2) Our offices (including phone-lines) are closed on Sundays; (3) Viewing/inspection is only by appointment; (4) We require 24-Hour (minimum) advance notice for property viewing/inspection; (5) You can also reach us via these channels: [email protected]; +234(0)8059149400; +234(0)8188040221. Best Regards.

Banana Island, Ikoyi, Lagos
5 beds 5 baths 6 toilets 5 Parking
First Colony Real Estate Company LTD
Waterview 5 Bedroom Fully Detached House — Banana Island, Ikoyi, Lagos
Premium
25
₦145,000,000 /yr

Detached duplex for rent

Waterview 5 Bedroom Fully Detached House

5 bedroom fully detached houses in Banana Island, Ikoyi but 3 units in a compound with good management 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 rent: 145million naira per annum Agency fee @ 10% Legal fee @ 10% Caution deposit @ 5% Service charge deposit @ 10million per annum

Banana Island, Ikoyi, Lagos
5 beds
First Class Realties
5 Bedrooms Semi Detached Duplex with BQ and Swimming Pool, & Cinema — Banana Island, Ikoyi, Lagos
Premium
18
₦80,000,000 /yr

Semi-detached duplex for rent

5 Bedrooms Semi Detached Duplex with BQ and Swimming Pool, & Cinema

Specious 5bedrooms semi detached duplex with bq and swimming pool Rent: 80 Million Service charge: Caution: 10% Agency: 10% Legal: 10% Location: Banana island Ikoyi

Banana Island, Ikoyi, Lagos
5 beds 5 baths 6 toilets 4 Parking
Ninahomesltd
5 Bedroom Terrace Duplex — Residential Zone, Banana Island, Ikoyi, Lagos
Premium
14
₦35,000,000 /yr

Terraced duplex for rent

5 Bedroom Terrace Duplex

5 bedroom terrace duplex Banana island 35m per annum Agency,Legal and Caution 10%each 2 people in a compound

Residential Zone, Banana Island, Ikoyi, Lagos
5 beds 5 baths 6 toilets 2 Parking
Planwell Homes
Well Maintained 5 Bedroom Fully Detached Duplex with Two Rooms BQS — Banana Island, Ikoyi, Lagos
Premium
22
₦120,000,000 /yr

Detached duplex for rent

Well Maintained 5 Bedroom Fully Detached Duplex with Two Rooms BQS

For Rent Fully detached 5 bedroom house plus 2 separate rooms service quarters with security house and ample parking space. Location: Banana Island, Ikoyi Rent: 120m per annum Other Charges Agency: 10% Caution: 10% Legal: 10% Contact us on: 08143126763

Banana Island, Ikoyi, Lagos
5 beds 5 baths 6 toilets
Rent and Buy Homes
A Fully Detached Luxury 5 Bedroom House Plus 1 Room Service Quarters — 5th Avenue, Banana Island, Ikoyi, Lagos
Premium
11
₦130,000,000 /yr

Detached duplex for rent

A Fully Detached Luxury 5 Bedroom House Plus 1 Room Service Quarters

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: 150 million per annum asking Note: To be renovated

5th Avenue, Banana Island, Ikoyi, Lagos
5 beds 5 baths 6 toilets 6 Parking
Ubosi Eleh and Co.
A Fully Detached Luxury 5 Bedroom House Plus 2 Separate Rooms Service — Abia Street, Banana Island, Ikoyi, Lagos
Premium
11
₦120,000,000 /yr

Detached duplex for rent

A Fully Detached Luxury 5 Bedroom House Plus 2 Separate Rooms Service

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, Abia Street, Banana Island, Ikoyi Rental price: 125 million per annum Note: Currently undergoing renovations

Abia Street, Banana Island, Ikoyi, Lagos
5 beds 5 baths 6 toilets
Ubosi Eleh and Co.
5 Bedroom Terraced Apartment — Banana Island, Ikoyi, Lagos
Premium
14
₦70,000,000 /yr

Terraced duplex for rent

5 Bedroom Terraced Apartment

For lease: Description: 5 Bedroom Terrace Apartment, 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.

Banana Island, Ikoyi, Lagos
5 beds 5 baths 6 toilets
New Adventure Limited
Standard and Spacious 5 Bedroom Terraced Duplex with a BQ — Banana Island, Ikoyi, Lagos
Premium
11
₦40,000,000 /yr

Terraced duplex for rent

Standard and Spacious 5 Bedroom Terraced Duplex with a 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

Banana Island, Ikoyi, Lagos
5 beds 5 baths 6 toilets 3 Parking
Trev Limited
5 Bedroom Terrace Duplex + BQ & Swimming Pool — Banana Island, Ikoyi, Lagos
Premium
12
₦70,000,000 /yr

Terraced duplex for rent

5 Bedroom Terrace Duplex + BQ & Swimming Pool

Ref: Lea - nse - 17 Description: 5 Bedroom Terrace Duplex + BQ & Swimming Pool Location: Banana Island Ikoyi Rent: 70m Service charge: N6 million deposit including diesel Agency: 10% Legal: 10% Caution: 5% For More Information, Kindly Call/WhatsApp: Phone: 08180295362, 08035703715

Banana Island, Ikoyi, Lagos
5 beds 5 baths 6 toilets 4 Parking
No SQM Escapes
5 Bedroom Detached Duplex — Banana Island, Ikoyi, Lagos
Premium
10
₦120,000,000 /yr

House for rent

5 Bedroom Detached Duplex

https://drive.google.com/drive/folders/1E02Jr1wTc7RyWrzgYuMAkrq0ZlySRS0f 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, Abia Street, Banana Island, Ikoyi Rental price: 120 million per annum Note: Currently undergoing renovations

Banana Island, Ikoyi, Lagos
5 beds 5 baths 5 toilets
Isinmi Living
5 Bedroom Terrace + BQ with Pool — Banana Island, Ikoyi, Lagos
Premium
24
₦65,000,000 /yr

Terraced duplex for rent

5 Bedroom Terrace + BQ with Pool

5 Bedroom Terrace + BQ with Pool 65M price 6M service charge 2.5M caution deposit 10% legal De ProPerty Pro +2347019994397

Banana Island, Ikoyi, Lagos
5 beds 6 baths 6 toilets 3 Parking
De Property
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
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
Waterfront Direct 5 Bedroom Terrace with Pool — Banana Island, Ikoyi, Lagos
Premium
21
₦65,000,000 /yr

House for rent

Waterfront Direct 5 Bedroom Terrace with Pool

5 bedroom terrace plus 1 BQ 65M price 6M service charge 2.5M caution deposit 10% legal Your client pays you agency fee only https://drive.google.com/drive/folders/1qHUOVurdERY_Xmhavd2ZfoW4EqMh7xqw

Banana Island, Ikoyi, Lagos
5 beds
Isinmi Living
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

Showing 1–20 of 250 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

Read the full area guide
FAQ

Frequently asked questions

The average price of 5 bedroom furnished 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 furnished 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 furnished flats, houses, land and commercial property for rent in Banana Island, Ikoyi, Lagos is ₦35,000,000 per annum.

There are 250 available 5 bedroom furnished 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.