be careful hey poeple, what about DAMAC and SCHON ??!! they r the most advertising-spending companies.. so can we say that they don't care as much in quality as in their promotions and stuff?
did anyone see any finished/completed projects for damac? i mean how does it look like and stuff? are they achieving thier world-class luxurious place to live????
DAMAC is a large private company. They have many developments most of which are delayed but they have delivered a couple of projects.They also tried to cancel a project on palm jebel ali i think but were forced to do u turn. All of these reasons demonstrate that Damac is not a great developer and i would be wary of investing with them mainly because they dont deliver on time by years.
SCHON has never delivered a project even though they have Dubai Lagoon which was meant to be delieverd last year. They have not even started and it is unlikely that this project will ever be completed!! They have launced other projects. Schon is a very risky developer who provide very little information. In current times of high costs it is unlikely they can complete their first project. I would not recommend this developer to anyone.
Read the thread on dubai lagoon for more info on Schon.
In these times i would say the good developers are the large ones already mentioned.