Property developer Damac Properties has said its Spanish-inspired Lago Vista development is to be completed before the end of the year, with the handover likely in the first few months of 2011. In addition to Lago Vista, the developer is set to deliver seven other major projects over the next 12 months. "We are well capitalized, and that's evident in that we've continued to build, complete and deliver our projects to customers," Niall Mc Loughlin, senior vice president of Damac Properties said.