World’s Most Expensive Number Plate - US $7 m - Instablogs
World’s Most Expensive Number Plate - US $7 m
Tanuja Ranjan , Hyderabad: Sep 19 2008
Made Popular Sep 19 2008


Abu Dhabi number plate auction breaks record

World’s Most Expensive Number Plate - US $7 m

Number plate 5 fetched Dh25.2 million at a police auction here on Saturday, becoming the world’s most expensive number plate, according to organisers.

The first of its kind to be held in Abu Dhabi, the auction was called ‘A Special Number for A Special Cause’ to raise funds for people with special needs.

World’s Most Expensive Number Plate - US $7 m

The auction was organised by the General Headquarters of Abu Dhabi Police in conjunction with the Emirates Auctions Company at Emirates Palace.

More than 700 participants attended the auction, which was held in the main theatre of Emirates Palace in a festive mood amidst cheers.

The auction opened with bidding for number plate 99599, which closed with a bid of Dh102,000.
World’s Most Expensive Number Plate - US $7 m

The mood for bidding started accelerating and became lively when number plate 55555 was unveiled for auction amidst loud cheers. The bidding for started with Dh1 million and was finally sold for Dh2 million after four more offers.

The highest bid was made for number plate 5, which fetched Dh25.2 million amidst charged atmosphere and fierce competition between three bidders. Finally, Talal Al Khoury, an Abu Dhabi-based businessman, offered secured it for Dh25.2 million.

Al Khoury also offered the highest bids for two more number plates – 55 for Dh6.5 million and 45 for Dh5 million.

“I bought these plates, particularly the number 5 so that I can contribute to a good cause,” said Al Khoury.

Number plate 12 also became the second most expensive number in the world after fetching Dh8.9 million. The highest bid for the number, which was the last to come under the hammers, was made by Ali Al Falasi, a legal advisor.

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1 Stars
Do they not have vanity plates in Abu Dhabi?
1 Stars
Where else would these rich Sheiks( wonder whether I spelled it right) would put all the money they have. They own oil reserves worth millions and thus make immense money by exporting the same. What is though good to know is that the money has been raised for a charitable purpose and it could help a lot of people in need of relief. It is a strange world of the rich, where five numbers can make them spend money madly.
1 Stars
Clearly, they have so much money, they’ve all but exhausted any novel ways to spend it.
Can’t argue with charity though.
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