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Fancy car number plates auction in Dubai: Q-22 sold for Dh5 million
Z-31 had the second-highest reported bid, selling for Dh2.82 million
Fancy vehicle number plates in Dubai were sold for over Dh36 million during an open auction on Saturday.
The Roads and Transport Authority (RTA) said Q-22 was sold for Dh5 million — making it the highest bid of the night. Z-31 went for Dh2,82 million. V-10000 was auctioned for Dh920,000; W-500 for Dh840,000; and O-66666 for Dh840,000.
About 100 fancy plates were up for grabs at the event.
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The sale of number plates is subject to a 5 per cent VAT. Each bidder is required to have a traffic file in Dubai, and deposit a security cheque amounting to Dh25,000 addressed to the RTA. Bidders also have to pay a non-refundable auction fee of Dh120.
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