Second customised car number plates auction fetches over Dh1,300,000

DUBAI - The second weekly auction of low base customised car numbers was held on Wednesday and fetched Dh 1,314,000.

By (Our correspondent)

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Published: Thu 17 Jun 2004, 11:58 AM

Last updated: Thu 2 Apr 2015, 1:58 PM

Brigadier Mohammed Saif Al Zafeen, Director of Dubai Traffic Police Department, said the base value of the numbers on offer was Dh 513,000 in total.

There were three groups, The first group consisted of Nos, 105, 106, 107, 127, 128, 129, 138, 139 and 142. The base value was Dh 35,000. The second group was, 1711, 1611, 1511, 2722, 2622, 2522, 3733, 3633, 3533, 4744, 4644, 4544, 5755, 5655, 5455, 6766, 6566, 6466, 7877, 7677, 7577, 8688, 8588, 8488, 9799, 9699, and 9599. The base value was Dh 5,000.

The third group included, 1070, 1060, 1050, 2070, 2060, 2050, 3070, 3060, 3050, 4090, 4080, 4050, 5070, 5060, 5040, 6090, 6080, 6070, 7060, 7050, 7040, 8060, 8050, 8040, 9060, 9050 and 9040. The base value was Dh 3,000. The auction included 63 numbers, but competition was particularly stiff for the E code number 105 that was sold to an Arab expatriate for Dh 190,000. Though the base value was Dh 35,000, bidding started at Dh 80,000. And though the minimum increment was Dh 1,000 on the number, the bidders raised the increments sometimes by Dh5,000. While, E 106 was sold for Dh 97,000, E 107 for Dh106,000, E 127 for Dh89,000 and E 128 for Dh92,000.

Nationals as well as expatriates can own an unlimited number of customised numbers. Ownership certificates are governed by the rules and conditions governing civil transactions.

Police officials said the four-digit number auctions were offered on a weekly basis to allow youths who do not want to spend big amounts to go for lesser value numbers. Some distinguished numbers have a base value of Dh 1,000 and are very much in demand by youths. But some other four-digit numbers are not subject to the auction system and people can buy them directly from the Customised Numbers Office at the Traffic Department in Deira.

Brigadier Al Zafeen said that another weekly auction would be held next Wednesday. He said the summer season is already here and people going on vacation would probably mean a decline in attendance at auctions. He said the auctions committee would soon decide on a revised schedule of the auctions to ensure that future auctions are a success.

The officials also said that new rules were added to the auction system in line with the current requirements. He said minimum increment in the bidding on numbers whose base value is Dh 1,000 should be Dh100 and Dh500 for numbers whose base value is between Dh 3,000 and Dh 10,000. The minimum increment is Dh 1,000 for numbers whose value is between Dh500 and Dh 100,000, and Dh 10,000 for numbers whose base value is Dh 100,000 and above. Bidders pay non-refundable Dh100 to enter the auction. However, grand auctions held at the Dubai Police Officers' Club bidders have to pay Dh 1,000 which is refundable after the auction.

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