Dubai licence plate sells for $520k

  • Sunday, 13 January 2013 3:24 PM
  • Share via facebook
  • Tweet this
  • Bookmark and Share
(Image for illustrative purposes).

(Image for illustrative purposes).

A car licence plate auction in Dubai has raised more than AED25m (US$6.8m) in proceeds, the Roads and Transport Authority said.

The auction, which featured car number plates with as few as two digits, saw one plate (L16) went under the hammer for AED1.9m. Plate N70 was sold for AED1.64m while L55555 went for AED1.13m.

Dubai regularly hosts auctions for rare licence plates and abandoned cars. The emirate made global headlines last year when it was reported a rare US$1.6m Ferrari Enzo would be auctioned.

The car, which had been one of only 399 in the world, was reported to have been impounded by police in 2011 after being dumped in a car park by its British owner.

Related:

Stories

Dubai Taxi Corp posts $58m net profit in 2012

Dubai's RTA set to spend $1.68bn in 2013

Nearly 1.5m use public transport on Dubai NYE

Dubai set to open $517m road project in January

Dubai taxis third best in world, says study

Companies

Roads and Transport Authority

Also in Cars & Boats

Aston Martin to revive Lagonda exclusively in the MidEast

A closer look at the BMW X4 sports activity coupé

Also in UAE

Emirates brings in audio description for onboard movies

UAE travellers turn more to loyalty schemes to fund holidays

Join the Discussion

Disclaimer:The view expressed here by our readers are not necessarily shared by Arabian Business, its employees, sponsors or its advertisers.

Please post responsibly. Commenter Rules

Posted by: Gary Mead Tuesday, 5 February 2013 8:57 AM[UAE] - UK

I have the number plate ARABS for sale, offers in excess of �250k, bargain when you look at the figures we are seeing above..

Reply to this comment.

Enter the words above: Enter the numbers you hear:

All comments are subject to approval before appearing

Further reading

Get E-Mail Alerts
Get E-Mail Alerts

Arabian Business Power 500 2013 - Top 5 from Egypt »

Mohammed El Erian  Bassem Youssef  Ayman Mohyeldin  Gamal Eid  Amr Diab 
View complete list
Features & Analysis
Behind the scenes at Rolls-Royce

Behind the scenes at Rolls-Royce

In the ten years since BMW relaunched Rolls-Royce, sales of one...

2
Symbol of success

Symbol of success

Well-heeled Gulf clients are investing heavily in the luxury...

May the Porsche be with you

May the Porsche be with you

Staying true to its predecessor, The 2014 Porsche Cayman S is...

Most Popular
Most Discussed
Read all user comments »
Read all user comments »
Read all user comments »