- License plates believed to be the most expensive in the world sold for $15 million.
- The ‘P 7’ plate was sold at a charity auction in Dubai on Saturday.
- The previous top spot was occupied by plate “1”, which was auctioned for $14.2 million in 2008.
It is believed to be the world’s most expensive license plate, having sold for 55 million UAE dirhams ($15 million) at auction over the weekend.
The plate has only one letter “P 7” and one number.
Emirates Auctions, which put the license plates up for auction in Dubai on Saturday, Said It was a new record.Proceeds will be donated to food aid charities, according to the company Sheikh Mohammed Bin Rashidruler of Dubai.
The auction house told Insider that the purchaser of the plate requested anonymity.
The single digit ‘1’ was the most expensive license plate sold before the weekend’s auction. According to Guinness World RecordsIt was purchased in 2008 by Saeed Abdul Ghaffar Khouri of the United Arab Emirates for 52.2 million dirhams (approximately $14.2 million). It is still listed as a record holder on the Guinness World Records website.
in Hong Kong, ‘R’-only license plate sold for HK$25.5 millionor about $3.2 million, in February.
Barbinder Singh Thani, a Dubai-based businessman, said: bloomberg He said he bought the ‘D5’ license plate for 33 million dirhams in 2016. “Dubai is the city of gold,” he told the outlet. I want to show my status.”
“Having a single digit number has always been my dream,” he added.