Emaar Properties has announced a cash prize of Dh100,000 ($27,233) to the winner of a competition to name the world-class water, light and music spectacle in Burj Dubai Lake.

The permanent water fountain to be operational by early 2009 is one of the finest water features in the world and is larger than The Fountains at Bellagio in Las Vegas.

The competition will be open to all UAE residents and will be held from July 1 to September 15, 2008. Individuals can suggest one name to be submitted on-line at www.emaar.com.

The portal will have a dedicated web-page for submissions, which will be operational by July 1. The winner will be selected by a panel of judges.

“Emaar has launched this competition to name the fountain - one of our prestigious community projects - as part of the company’s commitment to involve members of the public and strengthen the spirit of community living,” said chairman, Emaar Properties, Mohamed Ali Alabbar.

 “The fountain in Burj Dubai Lake is a spectacular social hub for the community and the involvement of the public in naming it, further highlights the cosmopolitan outlook of the UAE – a country that is home to over 180 nationalities.”

The fountain complements a diverse roster of attractions in Downtown Burj Dubai including Burj Dubai, the world’s tallest building with an observation deck on level 124; The Dubai Mall, one of the world’s largest shopping and entertainment destinations featuring the Aquarium, an Olympic sized ice rink and the world’s largest indoor gold souk; and various lifestyle events to be held at Burj Dubai Boulevard. Downtown Burj Dubai is Emaar’s flagship mega project with a development value of Dh73 billion ($20 billion). – TradeArabia News Service