Vaalee was released on 1 May 1999, coinciding with Ajith's 28th birthday. The film became a huge commercial success, and was also successful in Kerala where it ran for over 100 days in theatres. It provided a major breakthrough for Ajith, Simran and Jyothika's careers. The film was dubbed and released in Telugu under the same title later that year.
Critical reception Vaalee received positive reviews from critics. Lakshmi of
Deccan Herald described the film as "definitely worth seeing", saying it "has something for all tastes – a pleasant love angle, some suspense, complex psychological nuances, good acting, pleasing songs" while praising Ajith's performance.
The New Indian Express labelled Simran's portrayal as "outstanding" while mentioning Suryah does a "fairly good job and succeeds". K. P. S. of
Kalki appreciated Deva's music, the performances of Ajith and Simran, and Jeeva's cinematography, adding that Suryah's future as a director seemed bright.
Ananda Vikatan appreciated the film by giving 45 marks and mentioned "Director SJ Suryah established his stamp of film-making in his very first film by taking up a straight line story with an engaging screenplay and realistic dialogues. Ajith Kumar has done a fantastic job in dual role and Simran also proved that she can act". K. N. Vijiyan of
New Straits Times wrote, "It is amazing what fresh ideas new directors can come out with [...] Using a simple story, Suryah has come out with a winner". D. S. Ramanujam of
The Hindu wrote, "Rich production values, fine performances by Ajit Kumar (playing the dual role of brothers) and Simran, bold and powerful dialogue by S. J. Surya, who has directed the movie based on his story and screenplay, are the major contributing factor[s]" in the film. Reviewing the Telugu-dubbed version, Griddaluru Gopalrao of
Zamin Ryot wrote that the director's style of narration sets a good pace for a simple story. Gopalrao also praised the effort put into the dubbing and Ajith and Simran's performances.
Accolades == Remakes ==