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Residences Plans Enquire Banana Island
Émeraude Residence
Banana IslandLagos · NG

An Architectural Collection

Émeraude Residence

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Est. 2026₦150M – ₦450M
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Forty-two residences. One continuous movement.

01

Volume

Space that opens as you move through it.

02

Material

Calacatta marble, walnut, brushed brass. Chosen once.

03

Stillness

Light engineered to the hour. Quiet by design.

04

Sanctuary

The residence resolves at the building's crown.

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Banana Island · Lagos 42 Exclusive Residences ₦150M – ₦450M Completion Q4 2026 Off-Plan Now Open Banana Island · Lagos 42 Exclusive Residences ₦150M – ₦450M Completion Q4 2026 Off-Plan Now Open Banana Island · Lagos 42 Exclusive Residences ₦150M – ₦450M Completion Q4 2026 Off-Plan Now Open Banana Island · Lagos 42 Exclusive Residences ₦150M – ₦450M Completion Q4 2026 Off-Plan Now Open

The Address

Where Lagos's
most deliberate
lives are lived.

Positioned on Banana Island — Nigeria's most exclusive address, a private man-made island ringed by the lagoon, minutes from the finest dining and clubs Lagos offers. Émeraude occupies the last significant waterfront plot on a boulevard that will never repeat itself.

Forty-two residences across twelve floors. No two identical. Each oriented for maximum capture of the lagoon horizon and the city's glittering geometry at dusk.

Banana Island residence
Banana Island · Ikoyi, Lagos
0Exclusive Residences
0Floors
0Residence Types
0Completion
The Foyer

01

The Foyer

Space begins at the threshold.

Double-height ceilings. A single piece of African stone. The arrival sequence at Émeraude is composed like the first movement of something longer — deliberate, unhurried, and unmistakably yours.

The Living Room

02

The Living Room

Volume. Light. Nothing superfluous.

Walnut panelling on three walls. Cashmere. Floor-to-ceiling glass that frames the lagoon at the precise angle the architect spent fourteen months calculating. This room is not decorated — it is considered.

The Kitchen

03

The Kitchen

Precision meets pleasure at the counter.

Calacatta marble surfaces run uninterrupted for four metres. Sub-Zero refrigeration. A wine library behind smoked glass. The kitchen at Émeraude understands that the finest meals begin long before the first ingredient.

The Suite

04

The Suite

A bedroom worthy of the word sanctuary.

Eight metres of custom walnut joinery. A climate-controlled dressing room. Blackout glass on a twelve-second delay. Every decision in this room was made in service of one thing: the morning you wake up and do not want to leave.

The Bath

05

The Bath

Statuario marble. All your mornings.

A freestanding tub positioned at the lagoon axis. Radiant-heated Statuario marble underfoot. Brushed brass throughout. The bathroom at Émeraude does not ask you to choose between luxury and practicality. It refuses the premise.

The Terrace

06

The Terrace

Lagos, framed and returned to you.

Up to ninety square metres of private outdoor living. The city's geometry at dusk — the amber grid of Ikoyi, the shimmer of the lagoon, the lights coming on one by one — seen from a position most people in this city will never occupy.

Inside the Residence

Stand in the room.

360° · Interior
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The Collection

Three ways
to live here.

Duplex
Type A

The Duplex

  • Size320–360 m²
  • Beds3 + Study
  • From₦150,000,000
Sky Suite
Type B

The Sky Suite

  • Size240–270 m²
  • Beds2
  • From₦220,000,000
Penthouse
Type C

The Penthouse

  • Size480–520 m²
  • Beds4 + Gallery
  • From₦350,000,000

The Building

Held to the same standard
as everything within.

Wellness

  • Rooftop Infinity Pool
  • Residents' Fitness Studio
  • Sauna & Steam Room
  • Meditation Garden

Security & Technology

  • Biometric Access Control
  • 24-Hour CCTV Monitoring
  • Dedicated Fibre Broadband
  • Smart Home Integration

Infrastructure

  • 100% Backup Power
  • Water Treatment & Storage
  • Basement Parking · 2 Bays
  • EV Charging Stations

Service

  • 24-Hour Concierge
  • Valet Parking
  • Housekeeping on Demand
  • Residents' Lounge

Availability

Select your
residence.

TypeFloorSizeAspectPriceStatus
A · Duplex2–3320 m²South / City₦150,000,000Available
A · Duplex6–7350 m²East / Lagoon₦180,000,000Available
B · Sky Suite5245 m²North / City₦220,000,000Available
B · Sky Suite9270 m²Full Panorama₦265,000,000Reserved
C · Penthouse10–11490 m²Full Panorama₦350,000,000Available
C · Penthouse12520 m²Apex · Lagoon₦450,000,000Available

Indicative pricing, Q1 2026. Payment plans across 24 months. Conversions are approximate, for guidance only.

The Investment Case

Capital that
compounds.

0%

Projected appreciation p.a.

Banana Island prime has averaged 15–22% annual appreciation over the last decade, on constrained supply and sustained ultra-high-net-worth demand.

0%

Gross yield on short-let

Furnished short-let commands $4,000–$8,500 per month. Dollar-denominated yields outpace local inflation with ease.

0%

Occupancy in comparable stock

Ultra-prime furnished residences on Banana Island hold near-full occupancy. Demand consistently exceeds supply.

Projections from Lagos real estate indices 2015–2025. Past performance does not guarantee future returns. Independent advice recommended.

Floor Plans

Three configurations.
No compromises.

PRIMARY SUITE BEDROOM 2 BEDROOM 3 LIVING / DINING KITCHEN STUDY UTILITY LOBBY

Type A · Duplex

Three bedrooms across two levels, with corner light and a direct lagoon aspect from the suite.

  • Size320 – 360 m²
  • Bedrooms3 + Study
  • Bathrooms3.5
  • Terrace48 m²
  • Price from₦150,000,000
  • Available8 of 16
PRIMARY SUITE BEDROOM 2 OPEN LIVING KITCHEN

Type B · Sky Suite

Two bedrooms on a single floor, the open-plan living volume running the full building depth.

  • Size240 – 270 m²
  • Bedrooms2
  • Bathrooms2.5
  • Terrace32 m²
  • Price from₦220,000,000
  • Available6 of 18
PRIMARY SUITE BEDROOM 2 BEDROOM 3 LIVING / DINING / TERRACE KITCHEN GALLERY

Type C · Penthouse

Four bedrooms at the apex, opening to a fourteen-metre living volume along the lagoon edge.

  • Size480 – 520 m²
  • Bedrooms4 + Gallery
  • Bathrooms4.5
  • Terrace90 m²
  • Price from₦350,000,000
  • Available3 of 8

Payment Plan

Structured for
serious buyers.

Off-plan ownership is structured across four milestones tied to construction. You pay as we build — every payment held in a licensed escrow account and released only against certified completion at each stage. Your capital is never advanced ahead of demonstrable progress.

20%
Reservation
On Signing
30%
Foundation
Q3 2025
30%
Structural
Q1 2026
20%
Completion
Q4 2026
TypeReservationFoundationStructuralCompletion
A · Duplex₦30M₦45M₦45M₦30M
B · Sky Suite₦44M₦66M₦66M₦44M
C · Penthouse₦70M₦105M₦105M₦70M

All payments in Nigerian Naira to escrow. International wire accepted in USD / GBP at the prevailing CBN rate on the date of transfer.

Construction Progress

The build is
underway.

Every milestone is certified by an independent structural engineer and shared with purchasers in real time. Track your investment as it rises.

Site Acquisition & Planning ApprovalQ1 2025 · Complete
Substructure & FoundationQ2 2025 · Complete
Structural Frame — Floors 1–5In Progress · Q1 2026
MEP, Façade & Interior Fit-OutQ2–Q3 2026
Practical Completion & HandoverQ4 2026
Overall Completion0%

As at June 2026 · Certified by Adekunle & Partners Structural Engineers, Lagos.

The Developer

Built by those
who have done
this before.

Émeraude is delivered by a team with thirty combined years of premium residential development across Lagos. Our six completed developments have all transferred title within contracted timelines — not a single delayed completion.

0Completed Developments
0Years Combined Experience
0Delayed Completions
100%Title Transfer Rate

Selected Prior Developments

The Pinnacle22 units · 2022 · Banana Island
Ikoyi Vaults18 units · 2021 · Ikoyi
Maroko Sky30 units · 2019 · Victoria Island
Eko Pearl Court14 units · 2018 · Eko Atlantic

Questions

Answered
before you ask.

The questions every considered buyer asks. If yours isn't here, a private consultation will address it directly.

All payments are held in a dedicated escrow account with a licensed Nigerian commercial bank. Funds release to the developer only against certified construction milestones, verified by an independent structural engineer — your capital is never advanced ahead of demonstrable progress.

The purchase agreement carries a contractual completion date with a defined grace period. Beyond it, purchasers are entitled to liquidated damages calculated monthly on sums paid. Our team has delivered six developments without a single delayed completion.

Yes. Off-plan contracts at Émeraude are assignable. Many purchasers realise significant gains on assignment prior to handover, given the appreciation typical of Banana Island prime stock. A modest administrative fee applies.

We maintain relationships with three Nigerian banks offering tailored facilities for qualified purchasers, including construction-linked drawdown aligned to our payment schedule. We can introduce you directly to the relevant relationship managers.

Each residence is delivered fully finished: imported sanitaryware, fitted kitchen with integrated appliances, climate control, smart-home wiring, and all marble, stone and joinery as specified. Prices exclude legal fees, stamp duty and registration.

Yes. We regularly transact with diaspora and foreign purchasers. Payment is accepted in USD or GBP via international wire at the prevailing CBN rate, with full legal representation arranged remotely. Title is transferable to non-resident owners.

Register Interest

The collection opens
by invitation.

Forty-two residences. Twenty-eight remain. Register to receive a private consultation, the information package, and priority unit selection before public release.

Held in strict confidence. Marketed exclusively by Verity Designs.

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