Number Plates Up For Auction In Dubai
Dubai: U66, Z777 and M2222 will be among 80 unique number plates up for grabs at the Roads and Transport Authority’s (RTA) 94th open auction on March 11.
Registration for the year’s first auction, which will be held at Emirates Towers’ Godolphin Ballroom, will open from March 4.
The last two auctions of last year generated huge interests with single digit plate D5 going for Dh33 million in October, while the plate number Q2 on offer in December went unsold despite massive expectations.
“The recent open auctions saw huge footfall from various community segments. This has promoted us to offer another chance for the public to engage in positive bidding for their fancied numbers in various codes,” Sultan Al Marzouqi, Director of Vehicle Licensing at RTA.
The numbers on offer range from two and three digits to four and five digits, including S90000 and U66.
During the auction, plate N572 will be on offer through a draw for the participants.
“Interested bidders can register in RTA’s Customers Happiness Centres at Umm Al Romool, Deira and Al Barsha. They can also register through RTA’s website (www.rta.ae), or Drivers and Vehicles app, and each participant is required to have a traffic file in Dubai,” said Al Marzouqi.
Registration for the auction will remain open until the day of the auction, and bidding will start at 4.30pm.
“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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