Online auction of number plates fetches Dh4.5 million

0
1264

By Staff report  www.khaleejtimes.com

DUBAI — The Roads and Transport Authority (RTA) has raised Dh4.5 million in online auction of number plates over three days.

A total of 615 number plates were on offer to 195 bidders.

Commenting on the auction, Mohammed Abdul Kareem 
Nimaat, Director of the RTA’s Vehicles Licensing Agency, said: “The 12th Online Auction was devoted to a diverse cast 
of numbers bearing different codes in response to suffice 
the needs of individuals 
interested in buying distinguished plates online in a 
transparent and hassle-free manner.

“Staging online auctions is an integral part of the services the Licensing Agency is keen to provide to the public at world-class standards.”

The success of these auctions is a testament to the plans chalked out by the agency, 
especially the timing and the numbers, besides striking a balance between supply and demand in the local market, he added.

At the auction, the four-digit plate M-2011 sold for Dh38,400; M-9110 went for Dh36,000; and H-7867 raised Dh31,500.

The 13th Online Auction will be held by the Licensing Agency in June and will have over 150 plates of three, four and five digits on offer. More info

news@khaleejtimes.com