Another UAE Number Plate Makes Record Price At Auction
Number plate R 111 was the biggest attraction at the Roads and Transport Authority’s (RTA) 96th licensing open plates auction held on Saturday, bagging Dh2.65 million.
The popular auction that generated a revenue of Dh24.8 million had 80 unique number plates up for grabs.
Ahmad Behroozian, CEO of RTA’s Licensing Agency, said that the Dh24.8 million revenue raised from the auction reflects the remarkable popularity of the event.
Other big catches at the auction were F-999 that went for Dh1.06 million, while M-7777 and N-1000 bagged Dh800,000 each.
“The auctions organised by the RTA are characterised by transparency and enthusiasm. They measure up to the aspirations of customers who seek exclusivity in this regard. Such auctions suffice the needs and aspirations of number plate enthusiasts,” said Behroozian.
Last October, Indian businessman Balwinder Sahani created history when he bought the number plate D-5 for Dh33 million, which remains the most expensive number plate in Dubai.
However, in December another single digit number Q-2 was up for grabs, which surprisingly found no buyer.
The last in the series of single digit plates, the plate was offered at a base price of Dh33 million.
RTA’s open number plates auctions draws huge crowds, mostly from enthusiastic young Emiratis as well as seasoned collectors, generating huge revenue for the authority.
More Britons are personalizing their car number plates than ever before, according to the Driver and Vehicle Licensing Agency (DVLA). In the past year, the Treasury made a record total of £102 million — £15 million more than 2014-2015 from an estimated 335,000 registration plates purchased by drivers in the U.K.
The DVLA started selling personalised number plates in 1990, with just 77,745 purchased between 1995-96 — four times less than today. At present, the DVLA boasts 47 million plates on offer to drivers across the country, which can be bought online or at auctions.
The DVLA says almost 335,000 registrations were sold in the last year – more than four times the figure in the mid-Nineties.
A spokesman for the AA welcomed the news, saying: “It puts a smile on people’s faces and raises money for the exchequer – what’s there to complain about?
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