The dragons of Middle-earth were on the evil side, but only because they were pulled over by that side.
But in the words of Tolkien, they are of Eru, and therefore ultimately good. I could go on about this, but I believe it is probably best for you to read Tolkien's thoughts on it:
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To conclude: having mentioned Free Will, I might say that in my myth I have used 'subcreation' in a special way (...) to make visible and physical the effects of Sin or misused Free Will by men. Free Will is derivative, and is.'. only operative within provided circumstances; but in order that it may exist, it is necessary that the Author should guarantee it, whatever betides : sc. when it is 'against His Will', as we say, at any rate as it appears on a finite view. He does not stop or make 'unreal' sinful acts and their consequences. So in this myth, it is 'feigned' (legitimately whether that is a feature of the real world or not) that He gave special 'sub-creative' powers to certain of His highest created beings: that is a guarantee that what they devised and made should be given the reality of Creation. Of course within limits, and of course subject to certain commands or prohibitions. But if they 'fell', as the Diabolus Morgoth did, and started making things 'for himself, to be their Lord', these would then 'be', even if Morgoth broke the supreme ban against making other 'rational' creatures like Elves or Men. They would at least 'be' real physical realities in the physical world, however evil they might prove, even 'mocking' the Children of God. They would be Morgoth's greatest Sins, abuses of his highest privilege, and would be creatures begotten of Sin, and naturally bad. (I nearly wrote 'irredeemably bad'; but that would be going too far. Because by accepting or tolerating their making - necessary to their actual existence - even Orcs would become part of the World, which is God's and ultimately good.) But whether they could have 'souls' or 'spirits' seems a different question; and since in my myth at any rate I do not conceive of the making of souls or spirits, things of an equal order if not an equal power to the Valar, as a possible 'delegation', I have represented at least the Orcs as pre-existing real beings on whom the Dark Lord has exerted the fullness of his power in remodelling and corrupting them, not making them. That God would 'tolerate' that, seems no worse theology than the toleration of the calculated dehumanizing of Men by tyrants that goes on today. There might be other 'makings' all the same which were more like puppets filled (only at a distance) with their maker's mind and will, or ant-like operating under direction of a queen-centre.
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It's not necessary to read the entire excerpt (though I can't imagine anyone not becoming better for it), but at least read the line I made bold and the comments surrounding it.
[ November 24, 2002: Message edited by: Legalos ]