New homes in Ovelle The Valley start at AED 8,855,888; keys are due Dec 2029; you pay 10% to book, 70% while it is built and 20% at the keys.
In the 12 months to Nov 9, 2026, Dubai Land Department recorded 113 off-plan sales of 4-bed villas of 3,142 sq ft to 10,605 sq ft in The Valley. Their median price is AED 1,139 per sq ft (about AED 6,422,000 at 5,639 sq ft). This project's from price is AED 1,570 per sq ft (AED 8,855,888 for its smallest home, 5,639 sq ft), 38% more.
Keys
Dec 2029
The developer's handover date
Payment plan
10 / 70 / 20
10% to book, 70% while it is built, 20% at the keys
Bedrooms
4 to 5 beds
Sizes
5,639 to 7,970 sq ft
Ownership
Freehold
Property types
Villa
Registration fee
4% of the price
Paid to the Dubai Land Department
As of Nov 1, 2026. These details can change; confirm them with the developer before you book.
Dubai Land Department register
From price per sq ft
AED 1,570 per sq ft
Similar off-plan homes: AED 1,139 per sq ft
RERA project
4219
Check it in Dubai REST, the Dubai Land Department's official app.
Built
2%
Being built. DLD register, Nov 11, 2026
Completion on the register
Dec 2029
DLD shows only the current date. We have recorded it since Nov 11, 2026 and it hasn't moved.
Escrow account
بنك ابوظبي الأول ش.م.ع
The bank that holds your payments
Dubai Land Department project register, as of Nov 11, 2026.
Paying for it
You pay 10% when you book, 70% as the building goes up, and 20% when you get the keys.
AED
When
Stage
Share
Amount
Paid by then
NowBooking · 10%
Booking
10%
AED 885,589+ AED 354,236 DLD fee
AED 1,239,825
Mar 2027While it is built · 8.8%
While it is built
8.8%
AED 774,890
AED 2,014,715
Jul 2027While it is built · 8.8%
While it is built
8.8%
AED 774,890
AED 2,789,605
Nov 2027While it is built · 8.8%
While it is built
8.8%
AED 774,890
AED 3,564,495
Mar 2028While it is built · 8.8%
While it is built
8.8%
AED 774,891
AED 4,339,386
Aug 2028While it is built · 8.8%
While it is built
8.8%
AED 774,890
AED 5,114,276
Dec 2028While it is built · 8.8%
While it is built
8.8%
AED 774,890
AED 5,889,166
Apr 2029While it is built · 8.8%
While it is built
8.8%
AED 774,890
AED 6,664,056
Aug 2029While it is built · 8.8%
While it is built
8.8%
AED 774,890
AED 7,438,946
Dec 2029Keys · 20%
Keys
20%
AED 1,771,178
AED 9,210,124
Booking payment, 10%
AED 885,589
Dubai Land Department fee (Oqood), 4%
AED 354,236
Cash you need to bookThe developer pays the broker, so there is no buyer's fee.
AED 1,239,825
Total costPrice plus the DLD fee
AED 9,210,124
The dates are our estimate: we spread the construction share evenly between now and the keys. The developer's real dates follow the building work, so they can move.
Your payments go into the project's escrow account, which RERA watches, not straight to the developer.
A mortgage at the keys
Before you buy
Pay into the project's escrow account only.
This project's escrow account is at the bank named on the register above, watched by RERA. Pay into that account, never to a person.
Check the developer's record.
The Dubai Land Department project register lists 57 finished projects by this developer since 2016. 57 of the 57 were finished by the completion date DLD holds now. DLD replaces that date when a project is given more time and keeps no earlier dates, so this can't show which ones ran late. We have recorded the completion dates of their 49 projects under way since Jun 12, 2026. None has moved since then.
Budget for the service charge.
Once the building is finished you pay a yearly service charge per sq ft, set from the building's budget and approved by RERA. Ask Emaar Properties for the estimate.
Register the sale with Oqood.
The Land Department records off-plan sales in its Oqood register. Until your sale is on it, the home isn't in your name.
Is the price fair?
Dubai Land Department recorded 113 off-plan sales of 4-bed villas of 3,142 sq ft to 10,605 sq ft in The Valley, from Nov 10, 2025 to Nov 9, 2026. Here is what they sold for, and where this project's from price sits.
Too few similar homes in The Valley - Ovelle sold in 24 months, so we compare with off-plan sales across The Valley.
Dubai Land Department recorded 113 off-plan sales of 4-bed villas of 3,142 sq ft to 10,605 sq ft in The Valley, from Nov 10, 2025 to Nov 9, 2026. Here is what they sold for, and where this project's from price sits.
Median price AED 1,139 per sq ft
AED 803 to AED 896 per sq ft
10 sales
AED 896 to AED 988 per sq ft
14 sales
AED 988 to AED 1,081 per sq ft
22 sales
AED 1,081 to AED 1,173 per sq ft
24 sales
AED 1,173 to AED 1,266 per sq ft
17 sales
AED 1,266 to AED 1,359 per sq ft
16 sales
AED 1,359 to AED 1,451 per sq ft
3 sales
AED 1,451 to AED 1,544 per sq ft
7 sales
AED 803 per sq ftAED 1,544 per sq ft
This project AED 1,570 per sq ft, above every sale
Half of the sales sold for AED 1,013 to AED 1,241 per sq ft
The median is the middle sale: half sold for less, half for more.
Show as tableShow as chart
Price per sq ft
Sales
AED 803 to AED 896 per sq ft
10
AED 896 to AED 988 per sq ft
14
AED 988 to AED 1,081 per sq ft
22
AED 1,081 to AED 1,173 per sq ft
24
AED 1,173 to AED 1,266 per sq ft
17
AED 1,266 to AED 1,359 per sq ft
16
AED 1,359 to AED 1,451 per sq ft
3
AED 1,451 to AED 1,544 per sq ft
7
The 3 closest sales
Picked from the 113 similar sales above, closest in size to this project's smallest home.
Aug 2026AED 5,097,888AED 874 per sq ftThe Valley - Farm Grove, 5,831 sq ft
Jul 2026AED 4,450,000AED 839 per sq ftThe Valley - Farm Grove, 5,305 sq ft
Dec 2025AED 4,750,000AED 908 per sq ftThe Valley - Avena 2, 5,230 sq ft
Off-plan sales only, of the same home type, bedrooms and size band.
What similar homes sold for
The median price of off-plan homes with the same number of bedrooms that sold in The Valley in the 12 months to Sep 30, 2026. The smallest type is checked at the from price.
Type
Off-plan median
Sales
Against similar sales
4-bed villaFrom AED 8,855,888 here
Off-plan medianAED 4,270,000AED 1,330 per sq ft
Sales369
38% above 113 similar sales
5-bed villa
Off-plan medianToo few sales for a median
Sales17
Sales from Oct 1, 2025 to Sep 30, 2026. A median needs at least 30 sales.
Rent and yield
Gross yield at the from priceRent ÷ price
2%
Typical gross yield of similar ready homes
5.1%
Median rent of 4-bed villas in The Valley
AED 177,000 a year
Rent contracts counted
126
Rented between
Apr 1, 2025 and Mar 31, 2026
There is no DLD service charge for this project or its area, so we leave out the service charge and the net yield.
Gross yield is a year's rent before costs, as a share of the price. At the from price: AED 177,000 ÷ AED 8,855,888 = 2%. The home earns nothing until the keys, and new buildings often rent for more than older ones.
Rents come from Ejari, Dubai's register of rent contracts: new residential contracts in the area, all buildings. A median is the middle one: half are lower, half higher.
About Ovelle The Valley
Ovelle The Valley is an Emaar Properties community of 4- and 5-bedroom villas in The Valley, from AED 8,855,888 with handover listed for December 2029. At the from price, about AED 7,084,710 (80% of the price) falls due before handover.
The plan is 10% on booking, 70% during construction and 20% at handover. At the from price that is about AED 885,589 to book, AED 6,199,122 during the build and AED 1,771,178 at handover in December 2029. Ask in writing when each construction payment falls due. Separately, the 4% DLD fee comes to AED 354,236; ask when it is due.
The villas have four or five bedrooms, with sizes from 5,639 to 7,970 sq ft. The listing has one floor plan, so ask for the plan of the exact villa you are offered and its price per square foot. Ownership is freehold.
Listed amenities include a shared pool, a children's pool, a gym, a pet park and sports courts. The community also lists high ropes and zipline circuits, with viewing terraces over the landscape. Parking is covered.
A Medcare medical centre is about 520 m away. The other places are a drive away. GEMS Wellington Academy is about 13.2 km away, around 22 minutes by car, and Indian International School about 13.7 km. Arabian Ranches Golf Club is about 31 minutes by car and Business Bay about 32 minutes. The nearest metro, Centrepoint Metro Station (formerly Rashidiya), is about 24.7 km away, around 33 minutes by car.
The developer's plans. Sizes and layouts can change; ask the developer for the plan of the exact unit you're looking at.
5 BR Villa
How prices moved
Median price of 4-bed villas in The Valley, over the 12 months to each dateUp 23% from Dec 2024 to Sep 2026.
Dec 2024AED 1,082 per sq ft
Sep 2026AED 1,330 per sq ft
Show as tableShow as chart
12 months to
Median price
Sales
Sep 2026
AED 1,330 per sq ft
369 sales
Jun 2026
AED 1,334 per sq ft
499 sales
Mar 2026
AED 1,319 per sq ft
887 sales
Dec 2025
AED 1,269 per sq ft
1,287 sales
Sep 2025
AED 1,220 per sq ft
1,566 sales
Jun 2025
AED 1,143 per sq ft
2,160 sales
Mar 2025
AED 1,103 per sq ft
1,904 sales
Dec 2024
AED 1,082 per sq ft
1,535 sales
Off-plan sales only.
Questions about this project
Which company builds Ovelle?
Emaar Properties. The villas are in The Valley.
Can foreigners buy here?
Yes. The project is freehold, so foreign buyers can own their villa outright.
How much is due before handover?
80% of the price: 10% on booking and 70% during construction. At the from price that is about AED 885,589 and AED 6,199,122, then AED 1,771,178 at handover.
How large are the villas?
They have four or five bedrooms and range from 5,639 to 7,970 sq ft.
When is handover?
The listed handover is December 2029, about three years away. Ask for a construction update before you book.
How far are schools and the metro?
GEMS Wellington Academy is about 13.2 km away and Indian International School about 13.7 km on the map. Centrepoint Metro Station (formerly Rashidiya) is about 24.7 km away, around 33 minutes by car.
