Built in 1934, Dizengoff Square or Dizengoff Circus is a public square in Tel Aviv, located on the corner of Dizengoff Street, Reines Street and Pinsker Street. It is a circular plaza, which is often referred to as the Times Square of Tel Aviv. At the centre of the plaza suspended above the roadway in Dizengoff Square stands a huge sculpture-fountain, called the Fire and Water Fountain, created by an Israeli artist Yaacov Agam in 1986.

Commonly referred to as the Dizengoff Square Fountain, it is an iconic landmark of Tel Aviv, which for years is the centre of attention with its mesmerizing jets of water and fire creating an incredible display for the visitors to admire.

The fountain consists of an illusory dimension and a movement dimension, both typical of the works of Kinetic art added with optical art, which is a style of visual art that uses optical illusions, achieved by the use of technology and by the movement of the observer. The fountain is composed of several big jagged wheels, designed in the kinetic style of coloured geometric shapes, which when observed from different angles are perceived as different images. At the same time, a technological mechanism is automatically activated, which injects water upwards in various forms, spitting fire upwards and playing music. Each musical display lasts for twenty minutes. The computerized sculpture begins to play at the beginning of each hour starting at 11am and continuing until 10pm.

The magnificent display of fire and water in the sculptured fountain recreates the dynamic elements of time and change. It is the celebration of life, which compulsorily consists of movement and changes.

Yaacov Agam took ten years to develop the wonderful Fire and Water Fountain, which is considered as one of his most famous creations and he gained international recognition as one of the founders of the Kinetic art movement.

Eventually, due to lack of maintenance and unwanted negligence on the part of the authority, the graceful fountain began to lose its charm and the condition of the structure deteriorated considerably. Yaacov Agam fought tirelessly for ten years and implored the municipality time and again to restore the original beauty of his creation. Finally, it was restored and repainted in 2012.

However, in December 2016, Dizengoff Square temporarily lost its iconic fountain as part of a year-long project to restore the area and renovate of the plaza. During that time, the Fire and Water Fountain was temporarily relocated to the Reading Parking Lot, in north Tel Aviv.

In the process, the old public square was completely demolished and the plaza was restructured. After the completion of the project the fountain was replaced in July 2018, which was hailed as a cause for celebration for the people of the city.