Dubai - Car Number Plate Sale Yields AED25.5 Million


Dubai, Feb. 16: Another round of car number plate auction which was held here on Wednesday by the Road and Transport Authority (RTA), yielded a total amount of AED25.5 million.

Plate number 98, category "F" yielded the highest amount of AED2.4 million, followed by plate number 75, which was sold for the highest bidder at AED2.14, while plate number 81 went under the hammer at AED2.12 million.

The three-figure special number plates also attracted though competition among the bidders, with plate number 900 going under the hammer for AED930,000, followed by plate number 800 which fetched an amount of AED900,000.

A total of 106 number plates were auctioned, including two, three, four and five-digit special number plates, which fetched a total amount of AED25.5 million for the RTA in the first number plate auction held this year.



Emirates Auction could smash record for World's Most Expensive Number Plate

DUBAI, Feb.15: Plate No. (1) is expected to set a new Guinness World Record for the most expensive car plate in the world when it goes under the hammer at the much-anticipated auction on Saturday Feb. 16, 2008 at 4 p.m. at Emirates Palace Hotel in Abu Dhabi.

"Expectations for Plate No. (1) are high", said Abdullah Matar Al Mannaei, Managing Director of Emirates Auction, the official auctioneer for Code 5 distinguished number plate auctions.

"We are confident that we will set a new record," Al Mannaei said, adding that Emirates Auction has registered with Guinness World Records and will supply them the required material to issue the certificate if the record is broken.

The record-breaking event is creating an international media storm -- CNN's coverage was the top downloaded video from their website the weekend of Feb. 1, 2008.

"We wish Emirates Auction all the best with the Number (1), said Damian Lawson, Auctions Marketing Manager for the UK's Driver and Vehicle Licensing Agency (DVLA), the government agency which sells personalized plates in Britain.

Emirates Auction already holds the records for the top six most expensive plates worldwide. Plate (1) is only the third one-digit number plate to go on sale so far, and by far the most prestigious.

Plates (5) and (7) sold for Dh25.2 million and Dh11 million in 2007 - almost 10 ten times the value of the luxury cars they now adorn. Both were snapped up by Abu Dhabi businessman Talal Ali Mohammad Khouri, who has signaled his participation in the upcoming auction to media outlets.

"In a short period of time, Emirates Auction has grown to be a leader in the Gulf Region's auction industry", said Tommy Williams, President of the U.S.-based National Auctioneers Association (NAA), one of the largest trade associations for auctioneers. "The quality and professionalism of their work can be witnessed by the remarkable returns of their auctions,"Williams added.

The last five auctions raised $56 million from 393 plates, which went towards the support of special needs projects and victims of road accidents. All proceeds from this auction will go towards building a national rehabilitation centre for traffic accident victims -- the first of its kind in the UAE. It will be run along the lines of the most advanced rehabilitation centers in the world and will provide physiotherapy, and other medical, psychological, social, occupational and recreational support.

Along with (1,) a total of 90 distinguished license plates will be on offer at the Feb.16 auction including special numbers such as 96, 100, 212, 1111, 2001 and 31313. The auction is organized by Emirates Auction on behalf of the General Directorate of Abu Dhabi Police and sponsored by Abu Dhabi Islamic Bank and Emirates Palace.


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