Dubai licence plate sells for $520k

By Claire Valdini
  • January 13 2013 03:24
(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

Transport

Dubai Taxi Corp posts $58m net profit in 2012

Banking & Finance

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

Transport

Nearly 1.5m use public transport on Dubai NYE
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.

All comments are subject to approval before appearing

Latest Articles

Revealed: Dubizzle's most-listed luxury car brand

$3.8 billion worth of cars for sale on UAE's biggest classified...

Lamborghini sees worldwide sales doubling by 2019 after SUV launch

New SUV will go on sale in 2018 starting at around $200...

Rolls-Royce reveals bespoke Dawn and Wraith cars

A look at two-tone silver exteriors and emerald embellished...

Living large with the new BMW 7-series

The new 7-series continues the fine line between sport and...

Every superyacht needs a water limo like this

No superyacht is complete without its very own luxury super...

McLaren Automotive sees MidEast, Africa H1 sales jump by 70%

Bahrain-backed manufacturer of luxury handcrafted sports...

Review: Lincoln MKX 2016

A controlled but extremely relaxed ride

More from Arabian Business

Kuwait's KIPCO starts construction on multi-billion dollar real estate project

Finally, developers in Dubai appear to be listening

Property agents in Dubai ordered to verify ownership before sale

Istanbul vies for lucrative crown of international financial centre

Marriott deal approval doubles hotel giant's business in Middle East and Africa

Petrolling the world: Sharjah's Gulf Petrochem