Auctions of license plate numbers are a big draw in the United Arab Emirates where a shorter number is a status symbol coveted by the wealthy. In 2008, businessman Saeed Al Khouri, paid 52.2 million dirhams for the number 1 license plate in Abu Dhabi, a record for the country.
Eighty number plates went under the hammer at Saturday’s auction in Dubai. Bids for the ‘D5’ plate started at 20 million dirhams and the proceeds of the sale will go to Dubai’s Roads & Transport Authority. Bloomberg