Ovelle
Off-Plan

Ovelle

From AED 7.09M·Handover Dec 2029·10% down payment Payment
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AED 7.09M
Starting Price
Dec 2029
Handover
10% down payment
Payment Plan
4 BR · 5 BR
Type

Project Overview

Ovelle is a project by Emaar Properties in The Valley community, offering four- and five-bedroom villas designed for comfortable and tranquil living amid natural landscapes. The villas feature spacious open layouts where indoor spaces seamlessly connect with private green gardens, creating an ideal environment for family life. The exterior of the development combines modern architecture with natural harmony: light facades, clean lines, and subtle integration of water features emphasize the organic connection of the buildings with their surroundings. Interiors are crafted in natural tones using high-quality materials. The community offers a variety of amenities: walking trails, relaxation areas, fitness spaces, a children’s playground, sports zones, viewing terraces, and a dedicated area for pets. The location ensures convenient access to key destinations: Dubai Outlet Mall — eight minutes, Rugby Sevens — five minutes, Downtown Dubai — twenty minutes, Dubai International Airport — twenty-five minutes. Proximity to Sheikh Zayed Road and Jebel Ali – Lahbab Road provides connectivity to JAFZA, Dubai South, DIP, and the Expo 2020 area.

Project Specifications
DeveloperEmaar Properties
LocationThe Valley
Unit Types4 BR, 5 BR, Villa
AreaThe Valley
Ownershipfreehold
Est. ROIContact Astraterra for area-specific ROI guidance

Investor Return Snapshot

Base-case underwriting using Astraterra's current Dubai assumptions: 60/40 debt/equity, 5.5% debt cost, 4% vacancy, 5% management, 1.2% service charge proxy, and 10% annual appreciation. For a live bespoke model, use our financial analysis calculator.

Projected Cap Rate
4.3%
NOI AED 306,015 / year
Cash-on-Cash
2.2%
Levered cashflow AED 71,983
Base-Case IRR
12.8%
5-year hold, levered
Payback Period
18.4 yrs
Gross rent AED 460,973 / year

Comparable Sales Context

Indicative pricing context built from current area benchmarks so buyers can anchor this launch against ready stock, premium peer launches, and trophy alternatives.

BenchmarkAED / sq ftIndicative TicketContext
Ovelle launch basis7,880AED 7.09MCurrent launch / asking basis
The Valley ready-stock comps1,500AED 1.35MIndicative resale benchmark
The Valley premium peer launches1,850AED 1.67MNew-launch peer set
Trophy alternative proxy2,250AED 2.02MHigher-end anchor for negotiation context

Gallery

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Ovelle official render 10

Astraterra Properties

Official Documents

Download official marketing materials from Emaar Properties.

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Payment Structure

10% down payment

Flexible Payment

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Floor Plans

Ovelle — 1 Bedroom Floor Plan

Amenities & Lifestyle

Fitness Zone
Fountain
Kids Play Area
Leisure areas
Multipurpose Sports Courts
Pet Garden
Pets Allowed
Recreational areas
Retail outlets
Sitting Area
Social zone
Sports ground
Walking paths

Location

The Valley

Nearby Destinations

Dubai Mall — 20 mins
Dubai International Airport — 25 mins
Downtown Dubai — 15 mins
Sheikh Zayed Road — 10 mins
The ValleyThe ValleyDubai, UAE

Developer Track Record

01

Ovelle by Emaar Properties

02

Located in The Valley

03

Starting from AED 7,091,888

04

Unit mix includes 4 BR, 5 BR, Villa

05

Expected handover: Dec 2029

06

Official brochure and PDF marketing materials available

07

Official render/gallery images available

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