Developer: Javedan Corporation – Arif Habib Group
The development rights for Sapphire Bay were awarded to Javedan Corporation, part of the Arif Habib-led consortium, following a successful bid of Rs. 10.75 billion through a progressive REIT structure. As per the agreement, 15% of the developed residential and commercial plots will be allocated to RUDA, ensuring public benefit and long-term value creation.
Out of the total 5,000 acres, 2,000 acres have been earmarked for construction, while 3,000 acres will serve critical flood protection functions—demonstrating the project’s commitment to smart, responsible development.
Sapphire Bay Islamic Development REIT – A First for Lahore
The project follows a REIT-based model, similar to Dolmen, under the title Sapphire Bay Islamic Development REIT. This Rs. 142 billion venture is already filed for listing on the Pakistan Stock Exchange (PSX), opening the door for public participation and transparency.
Key Details:
- Registered: December 24, 2021
- Tenure: 10 Years
- Fund Size: PKR 25 Billion
- Indicative IRR: 45%
- Initial Investors Include:
- Javedan Corp (Arif Habib Group)
- Fatima Fertilizer – Fawad Mukhtar
- Ejaz Spinning Mills – Gohar Ejaz
- JW SEZ – Javed Afridi & Shah Faisal
- Ghani Group – Hafiz Avais Ghani
- Stylers International – Javed Arshad Bhatti
- Soorty Group – Shahid Soorty
- Master Textile Mills – Najeeb Malik
- Din Group – Shaikh Mohammad Jawed
- Liberty Mill – Taimoor Mukaty
A Prime Location with Seamless Access
Sapphire Bay Zone 3 occupies a strategic riverfront position on the eastern bank of the Ravi River, covering around 790 acres. It’s connected to key routes like the Lahore Ring Road, Lahore-Sialkot Motorway, and Kala Khatai Road, making it one of the most accessible and well-positioned zones in RUDA’s master plan.
The zone includes a rich mix of residential and commercial offerings, from luxury flats, townhouses, and mansions to modern business sites, catering to every lifestyle and investment profile.
Why Invest in Sapphire Bay?
Sapphire Bay is one of the most promising real estate investments in Pakistan today. Here’s why:
- ✅ Iconic Riverfront Address
Located along the Ravi River in a high-potential corridor, the project boasts one of Lahore’s most sought-after and picturesque locations. - ✅ Government-Backed & Legally Secure
As a RUDA-certified development supported by the Punjab Government, the project offers transparency, legal security, and reliable infrastructure. - ✅ Developed by Industry Leaders
Javedan Corporation, part of the Arif Habib Group, brings proven expertise in large-scale urban development projects. - ✅ Smart City Living with Sustainable Design
The project integrates eco-friendly infrastructure, intelligent urban planning, and smart city technologies. - ✅ Flexible Investment Options
A range of plot sizes—7 Marla, 15 Marla, and 1 Kanal—makes this project accessible for both investors and end-users. With development charges paid on selected files, the opportunity is even more attractive.
Available Properties for Sale – RUDA Sapphire Bay Files
Green Future Properties, an authorized sales partner of RUDA, proudly offers the following Sapphire Bay files:
- ✅ 15 Marla (Development Charges Paid)
Whether you’re looking to invest smartly, secure your family’s future, or become part of Pakistan’s most forward-thinking urban development, Sapphire Bay Zone 3 is the place to begin.
Let’s Talk Investment – We’re Here to Help
Our experienced real estate consultants are here to guide you through every step of your investment journey. From selecting the right file to understanding payment plans and projected ROI, we offer end-to-end support.
Contact us today to explore the best investment opportunities in RUDA Sapphire Bay Zone 3.
Your future begins on the riverfront.
