Dubai number plate auction nets Dh25.895 million: L16 goes for whopping Dh1.9m

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By Staff  www.emirates247.com

The proceeds from the 78th number plates auction recently held by the Licensing Agency, Roads & Transport Authority (RTA), in Dubai Police Officers’ Club hit Dh25.895 million.
Number plate auction in progress (Picture: SUPPLIED)
Number plate auction in progress (Picture: SUPPLIED)

The two-, three-, four- and five-digit licensing numbers for private vehicles was a well-received by community members.

“About 120 distinguished numbers were put on sale and around 120 participants of various ages and segments took part in the auction,” said
Mohammed Abdul Kareem Nimaat, Director of Vehicles Licensing, RTA Licensing Agency.
The plate {L 16} was the sale’s topper fetching Dh1.9 million, followed by plate {N 70} selling for Dh1.64m, and plate {L 1111}; which brought back Dh890,000.
The plate {L 55555} was exchanged for Dh1.13m, while plate {L 7860} was sold for Dh63,000.
The auction saw constructive competition between participants who showed great amount of zeal and interaction, knowing that it was the closing auction for 2012, he noted. More info