Posted inCulture & SocietyCulture & SocietyGCC

Dubai number plate sold for $8.9m at auction

D5 plate sold at the Roads and Transport Authority’s number plate auction

An expat businessman has paid almost $9 million for a unique Dubai number plate at an auction.

Balwinder Sahani, a Dubai-based Indian businessman, paid $8.9 million (AED33 million) for number plate D5 at the Roads and Transport Authority’s number plate auction on Saturday.

He is the owner of RSG International, a property management company, with interests in the UAE, Kuwait, India and the United States, Gulf News reported.

“I like collecting unique number plates and I am proud to have got this number. I like number nine and D5 adds up to nine, so I went for it,” Sahani told the newspaper.

 

In 2015, he purchased the number O9 for $6.81 million (AED25 million).

Eighty unique numbers were offered on Saturday ranging from one two five digits. Q77 was purchased by an Emirati bidder for $1.23million (AED4.52 million), P27 was sold for $583,106 (AED2.14 million) while R7777 was bought for $318,801 (AED1.17 million).

Follow us on

For all the latest business news from the UAE and Gulf countries, follow us on Twitter and LinkedIn, like us on Facebook and subscribe to our YouTube page, which is updated daily.