Would you pay Dhs1 million for a number plate? That's just what's happened in Dubai this weekend...
A Dubai vehicle registration plate -G 60- topped the sales and fetched Dhs1,390,000 in the 62nd Distinguished Number Plates Auction recently held by the Roads and Transport Authority (RTA) at Jumeirah Beach Hotel.
Total proceeds from the auction were put at Dhs23,775,000. "The aggregate amount raised in the 62nd Auction is testament to the success of Distinguished Number Plates Auction in Dubai," said the CEO of the RTA Licensing Agency, Ahmad Hashim Behroozian.
"The auction made a good progress towards meeting the demand of a wide segment of the public wishing to own distinguished numbers. This is reflected in the attendance of about 300 bidders who participated effectively in the bidding process..." he added.