Valverde, who has become a mainstay of the side over the past six seasons, has played 220 games for the club.
Uruguay midfielder Federico Valverde has signed a two-year contract extension at Real Madrid, the LaLiga club have announced.
The 25-year-old, who joined the Spanish giants in 2016, is now committed to stay at the Santiago Bernabeu until 2029.
Valverde, who has become a mainstay of the side over the past six seasons, has played 220 games for the club and won nine trophies including the Champions League and two LaLiga titles.
A statement from the club read: “Real Madrid and Fede Valverde have agreed to extend the contract of the player, who is linked to the club until June 30, 2029.”
Valverde becomes the fourth Real player to extend their contract with the club this month, after Eduardo Camavinga, Rodrygo and Vinicius Junior all signed new deals.