Car number plate auction in UAE nets $7 millionFebruary 16th, 2008 - 10:50 pm ICT by admin
Dubai, Feb 16 (IANS) A car number plate auction by the United Arab Emirates (UAE) Road and Transport Authority (RTA) here netted about $7 million, WAM news agency reported Saturday. The plate with number 98 attracted the highest bid of AED2.4 million (about $654,000) followed by the plate with number 75, which was auctioned for AED2.14 (about $583,000).
The three-figure special number plates also attracted tough competition among the bidders, with number 900 going under the hammer for AED930,000 ($253,000) followed by number 800 which fetched an amount of AED900,000 ($245,000).
A total of 106 number plates were auctioned, including two, three, four and five-digit special number plates, fetching a total amount of $7 million in the first number plate auction by RTA this year.