I heard from a local emirate friend of mine that Damac is on a verge of a merger with Emaar and that 90% of their buildings, which are built till now, are having a lot of problems like the walls cracking and also have done crappy finishing jobs. He told me that I should only invest in Azizi Properties (mostly the ones in Dubai World Central, as they have a very good background) and some building called Swiftships Tower which is suppose to be released soon.
The thing is this guy is a very close friend of mine and always gives me good info, because of him i bought a signature villa on palm jumeirah on frond K for less than what the launch price was...
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