Yes, you can. Dolby Vision is (supposed to be) color-management agnostic. The analysis, trim data and conversion to Rec. 709, etc. sits at the end of the signal chain, so in the case of ACES, after the ODT. You can grade your HDR master anyway you like basically and then DoVi will be put “on top”.
of course it’s possible to grade in DolbyVision™ with ACES and, indeed, recommended.
you have to set odt p3d65-pq-1000nits, grade on hdr display and perform DolbyVision™ analysis. Then run the trim-pass for the various displays with parameters and DolbyVision™ metadata that are unlocked by activating the annual license.