DAMAC might not excite serious investors because of the price factor otherwise they make quality real estate. The are one of the top 5 companies in Dubai.
I would recommend in Dubai, you should be sure that whatever you buying , its value for money. There are lot of places that are hyped for a number of factors. Make sure that the rental guarantee that is offered is reviewed carefully whether they are net or gross. Are there any hidden charges, etc
For more information, I am a property consultant, if you looking for any property advice, you can contact me
swiftproperty007@googlemail.com