SAPPHIRE BAY
RUDA'S SIGNATURE PROJECT
Overview
Pakistan's First Riverfront Smart city Project
The origin of RUDA Sapphire Bay Lahore Zone 3 is closely tied to the broader Ravi Riverfront Urban Development Project (RUDA). A visionary initiative introduced by former Prime Minister Imran Khan to create a modern city along the banks of the Ravi River, aimed at solving Lahore’s growing urban challenges. Although the project was initially announced in 2013, it faced significant delays due to funding constraints, land acquisition hurdles, and environmental objections. It wasn’t until 2020 that the project was revived with renewed commitment, marked by the formation of the Ravi Urban Development Authority (RUDA) to lead and manage its execution.
The first phase of the project (Ravi City), named Sapphire Bay, covers 2,000 acres of land and was awarded to a consortium of more than 10 firms led by Arif Habib Group in May 2021, after a competitive bidding process. The Sapphire Bay will be a modern and sustainable city that will offer residential and commercial options, as well as amenities such as water treatment plants, waste management systems and renewable energy resources. The project is expected to generate revenue and employment opportunities for the people of Lahore and Pakistan, as well as reinvigorate the Ravi River and its ecosystem.
IMPORTANT FACTS
Initial Investors:
- Javedan Corp (Arif Habib Group of Companies)
- Fatima Fertilizer (Mr. Fawad Ahmed Mukhtar)
- Ejaz Spinning Mills (Mr. Gohar Ejaz)
- JW SEZ (Mr. Javed Afridi & Shah Faisal)
- Ghani Group (Hafiz Avais Ghani)
- Stylers Int (Mr. Javed Arshad Bhatti)
- Soorty Group (Mr. Shahid Soorty)
- Master Textile Mills (Mr. Najeeb Malik)
- Din Group (Shaikh Mohammad Jawed)
- Liberty Mill (Mr. Taimoor Mukaty)
Indicative Project Size: PKR 142 Billion
Fund Size: PKR 25 Billion
Indicative IRR: 45%
SAPPHIRE BAY Payment Plan & Plot Prices
To make your investment in SAPPHIRE BAY more accessible, we offer flexible and convenient payment plans. Below is a breakdown of the payment schedule for various plot sizes, including the total price. Whether you’re looking for a plot for sale in Sapphire Bay or a strategic real estate investment, our plans cater to your budget. Secure your deal directly with RUDA’s first international sales partner, Green Future Properties.
| Plot Category (Size) | Total Price (PKR) |
|---|---|
| 7 Marla | Contact Us |
| 15 Marla | 3,900,000 |
| 1 Kanal | Contact Us |
Why Invest in Sapphire Bay?
Prime Location
Strategically positioned along the scenic shoreline of the Ravi River, Sapphire Bay enjoys one of Lahore’s most exclusive settings. Its direct connectivity to the Lahore Ring Road and Lahore–Sialkot Motorway ensures seamless access to major city hubs and surrounding regions.
Government-Backed Security
Developed under the supervision of the Ravi Urban Development Authority (RUDA) and financed by the Punjab Government, Sapphire Bay offers strong reliability and investment security, giving buyers confidence and peace of mind.
Trusted Development Partner
The project is being executed by Javedan Corporation, a Karachi-based developer with a proven track record in successful urban projects, in partnership with RUDA. This combination of experience and government oversight ensures high-quality development and timely delivery.
Diverse Investment Options
Whether you’re seeking a long-term investment or a premium living space, Sapphire Bay caters to a variety of needs. Current offerings include 7 Marla, 15 Marla, and 1 Kanal files, providing an ideal entry point for investors looking to capitalize on future growth.
A Unique Investment Opportunity
With its exceptional location, sustainable vision, and strong potential for value appreciation, Sapphire Bay represents more than just a housing project, it’s a chance to be part of Lahore’s next landmark development.
SAPPHIRE BAY LAHORE Location
10 Minutes
From M11 Lahore-Sailkot Motorway
5 Minutes
From Kala Khatai Road
10 Minutes
From Ring Road
30 Minutes
From Allama Iqbal International Airport
15 Minutes
From Ruda Chahar Bagh
30 Minutes
From Defense Housing Authority (DHA)
Frequently Asked Questions
What exactly is Sapphire Bay, and who is developing it?
Sapphire Bay is the first phase of RUDA’s Ravi riverside development (Zone 3), a massive riverside urban project that spans around 790 acres along the Ravi River in Lahore and is supported by the government. Under RUDA oversight, Javedan Corporation (An Arif Habib consortium) is developing it with the Sapphire Bay Islamic Development REIT, a REIT-based financial structure.
What types of plots are currently available in Sapphire Bay Zone‑3?
Residential plot sizes of 7 and 15 Marla are currently available to investors; both sizes normally include development expenses, whereas 1 Kanal plots are frequently priced without them.
Are all development charges paid, and how secure is the investment?
Yes, development charges for 7-Marla and 15-Marla plots are fully paid, providing you with certainty and preventing unforeseen expenses. Sapphire Bay is a RUDA project, which increases the security of investments because the files are supported by legitimate land allocations and are supervised by the Punjab government.
What is the current status of development, and what's the ROI outlook?
Significant infrastructure advancements as of April–May 2025 include utilities, road networks, embankments that are around 80% complete, and expressway connectivity that is currently under way. Short-term price increases of 15–20% have resulted from this active development, and analysts anticipate further long-term appreciation.