The Valley - Ovelle construction progress
The Valley - Ovelle is 2.4% built at the Land Department inspection of June 2026. Developer Emaar Development. Completion registered for December 2029.
2.4%
Built, at the Land Department site inspection of 16 June 2026
Running behind its date
- Completion date (Land Department)
- December 2029
- Finish at recent pace
- December 2050
- Construction started
- February 2026
- Registered with the Land Department
- November 2025
- Developer
- Emaar Development
- Units
- 133
- Escrow bank
- First Abu Dhabi Bank
- Name in Arabic
- ذا فالي - اوفيل
- Land Department project number
- 4219
- Land Department site inspections
- 2
Schedule
Between November 2025 and June 2026 the site added about 0.3 points a month. At that rate it would finish around December 2050, more than three months after the December 2029 date registered with the Land Department.
Site inspections
16 June 2026
2.4%+2.4 pts
12 November 2025
0%
Context
Emaar Development has 52 projects under construction in Dubai, none past their registered completion dates.
Own a unit in The Valley - Ovelle?
Mulki follows this project for you: each new Land Department inspection, your payment plan, the handover date and what the unit is worth today, in one private app.
Notify me when it launchesQuestions
- When will The Valley - Ovelle be completed?
- The completion date registered with the Dubai Land Department is December 2029. At the pace of its recent inspections the site would reach 100% around December 2050. Developers can apply to the Land Department to extend the date, so check the register before relying on it.
- How much of The Valley - Ovelle is built?
- 2.4%, measured at the Land Department site inspection on 16 June 2026. The Land Department engineers have inspected the site 2 times since November 2025.
- Is The Valley - Ovelle delayed?
- It is running behind. At the rate of the last year it would finish more than three months after its registered date of December 2029.
- Who is building The Valley - Ovelle?
- The registered developer is Emaar Development. It has 51 other projects under construction in Dubai.
- Which bank holds the escrow account for The Valley - Ovelle?
- First Abu Dhabi Bank. Dubai law requires payments for off-plan units to go into a project escrow account at a bank approved by the Land Department, so buyer money is held against this project only.
- The St. Regis Residences, Downtown DubaiAlso by Emaar Development. 76%, Due December 2026.
- Address The BayAlso by Emaar Development. 70%, Due December 2026.
- SeapointAlso by Emaar Development. 37%, Due March 2028.
- BayviewAlso by Emaar Development. 63%, Due July 2028.
- Off-plan handover in DubaiWhat happens between 100% and getting your keys.
- Snagging a new Dubai homeHow to inspect the unit before you accept it.
Progress, dates, developer, units and escrow bank come from the Dubai Land Department’s Mashrooi register, read daily. The pace and the projected finish are Mulki’s own arithmetic on the last year of Land Department inspections, not a forecast from the developer. Site photos belong to the Dubai Land Department. See how Mulki works with Land Department data.