Dubai Business Number Plate Buyer Shells Out For Matching Mobile Number
Remember how Indian businessman and Dubai expat Balwinder Sahani spent Dhs33 million for the D 5 reg number plate last year? Well, he’s now spent Dhs4.25 million on a mobile phone number.
That’s right, Sahani spent more than Dhs4 million to nab the number at an auction at the Grand Hyatt on Saturday.
What is the number 058-8888888. Ironically, it’s unlikely that Sahani will be able to actually use the number.
“I can never use this number. I got it in my hands at 8.30pm today and till now, within just 2 hours, I’ve received 1,000 calls,” the owner of RSG International told the Khaleej Times.
Think this is a huge waste of money? Well, hold that thought, as it turns out all money spent by Sahani at the auction will go to charity (with du being a semi-government company).
It seems Sahwani is a bit of a profesh’ collector, as he told Gulf News last year when he bought the famous D 5 number plate (which now adorns a Rolls Royce): “I like collecting unique number plates and I am proud to have got this number. I like number nine and D 5 adds up to nine, so I went for it.”
He also spent Dhs25 million on a O9 plate in 2015. “I have collected 10 number plates so far and I am looking forward to having more. It’s a passion.”
How much similar registration plates have sold for recently and in the past: it is always worth looking at what has been going on in the private registration plate market recently to add extra weight to the valuation of your own number plate. It is a market that is not immune from trends, so keep a close eye on what has been selling well and see if your plate has any similar features
The age of the plate: older plates tend to attract higher prices and dateless number plates (the first ones ever issued) normally call for the highest prices on the market
The plate’s rarity: if a lot of similar registration plates were issued, your plate may be less valuable. So, the relative rarity of older, dateless number plates makes them more valuable, as a whole, than newer, dated plates. Similarly, having a private plate with a word or name spelled out on it gives it a degree of rarity that would raise its value.
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