1 Million Pound Dubai Number Plate And Celebrity Number Plates
But this special number plate, displaying Y44 4LAH, could earn two friends a cool £1million.
The pair - Araf Sultan and Roy Chauhan - bought the number plate for just £350 14 years ago.
Now the pair are preparing to pitch the plate, which reads Yes Allah, at auction in United Arab Emirates, hoping to fetch around £1m.
It comes after a plate displaying AB11 DBU, reading Abu Dhabi, sold for £750,000 at an auction in the oil-rich Middle Eastern country.
Mr Chauhan, aged 45, of Brockhurst Crescent in Walsall said: "We bought the plate for novelty for £350, jut a bit of fun.
"We knew thought it could possibly worth so much money, but after seeing the other plate go for so much, we think it could be worth £1m.
"It is an exciting time, and we're looking at auctioneers in the country now."
Mr Chauhan believes residents in the UAE buy UK number plates for when they visit the UK, to display on their cars.
He said: "Abu Dhabi is a place where money is no object.
"Where people want something, they usually get it. We think something like this will be sought after."
But what’s also interesting is that a lot of these celebs are superstitious about their vehicle number plates, so much, so that they have the same number combination for all their vehicles. A personalized vehicle registration number may come at its own cost, but then again, moolah has never been a deterrent for our celebs, has it?
However, inflation, recession or demonetization, nothing seems to deter Hyderabad’s rich but not necessarily famous from winning auspicious vehicle number plates at RTO auctions, never mind their exorbitant price tags.
Recently Balayya’s daughters gifted a posh car to him is a known news. But what is surprising news is that Balayya and his team brought the number plate TS 90EU 0001 for a whopping sum of Rs 7.77 lakhs for NBK’s new Bently car (Rs 3.11 crores)
While bids have skyrocketed, the most popular numerical sequences continue to be variations of the number 9: series with 0009, 0099, 0001 and so on.
“Once you’ve bagged that number plate – if it’s a good one it adds value to it. Some are iconic and will be sought after. Some of the best are simple but exquisite.”
The biggest went for £180,000 in May last year – for KR15 HNA – which was a new British record for the most expensive current style personalised registration plate.
Today, plates with just one number and two letters cost an estimated £60,000, 20 times more than the early 1990s, when drivers could expect to pay somewhere between £3,000 to £5,000.
A DVLA spokesman said: “Many people enjoy displaying a personalised registration number and the general sale and auctions remain extremely popular with the public.
“Since we began selling personalised registrations we have raised around £2.3 billion and all the money raised is passed to the Treasury.”
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