DISTINGUISHED NUMBER PLATE AUCTION
Photographie prise à Abu Dhabi aux Emirats Arabes Unis.
The third most expensive license plate in the world has been sold in Abu Dhabi, cementing the United Arab Emirates as a vanity-plate record holder. The license bearing solely the digit "7" was sold for 17 million dirhams ($4.6 million) in a government auction. In all, 72 specialized plates were sold in the auction for a total of 50 million dirhams ($13 million). According to the Guinness Book of Records, the most expensive plate with the digit 1 was sold to Emirati businessman Said Khouri in 2008 for 52.2 million dirhams ($14.2 million). The second most expensive plate "5" was also sold in Abu Dhabi for 25.2 million dirhams, ($6.86 million) during a special number-plate auction organized by the Emirates Auction Company in 2007. “I think it's a matter of recognition,” said Muhammad Kashif, owner of the UAE Number Plates Company. “Just having a Ferrari isn't much these days. People want a nice number to go with the car. It makes them just that much more popular than the other Ferrari drivers.” Kashif said the trend for personalized and distinctive number plates is so popular in the Emirates those with a flare for the fanciful and a few dollars to spare will settle for something unique, if a little less glamorous. As number plates in the UAE come by default with five digits, the fewer digits on the plate, the higher the price. A number plate with four digits can cost around 5,000 dirhams, ($1,300) but prices are pushed up for numbers that are memorable, in sequence (4567) or all identical (4444).
Abu Dhabi: A young businessman paid Dh2.61 million for car number plate '11111' in an auction conducted by Abu Dhabi Police and Emirates Auction at Emirates Palace Hotel. Emirati Salem Buharoon, 33, who owns Golden Class Rent a Car in Abu Dhabi won the sought after number after fierce competition among three bidders. One of the competitors who backed out at the last stage told Gulf News the price was high for such a five digit number. Salem told Gulf News he wanted the number desperately for his Ferrari, so was ready to pay a big amount. Other special numbers 40000 and 3000 were sold for Dh505,000 and Dh350,000 respectively. Ayoub Mohammad Noor, 35, an Iranian businessman who purchased the number 40000, said he wanted it because he holds the same number in Dubai. Mohammad Khalifa Al Mazroui, an Abu Dhabi-based businessman who bought the number 3000, told Gulf News it is for his personal use. "I bought number 129 for Dh400,000 which I will gift to my father," said Al Mazroui. About 100 multiple digit numbers went under the hammer on Sunday. Number 191 fetched the second highest amount of Dh610,000 after number 11111. About 180 people participated in the fifth auction for 100 multiple digit numbers which fetched Dh20,010,000, a senior official told Gulf News. The five auctions generated more than Dh200 million and the entire money will go to charity projects, said Lieutenant Colonel Abdul Rahman M. Ali Al Kamali, Director of Administration of Privatisation and Financial Investments at the Ministry of Interior.