Dubai’s 109th Open Auction For Premium Vehicle Plates Yields More Than AED29M
The proceeds of the 109th Open Auction for Distinctive Vehicle Number Plates held by Dubai’s Roads and Transport Authority (RTA) held at the Ritz-Carlton Dubai Hotel on Saturday 12th March exceeded AED29.938 million.
The sale topper was Plate (AA90), which was exchanged for AED2.74 million, followed by Plate (M73) which was sold for AED2.36 million. Plate (W55555) brought back AED1.71 million, and Plate (X800) fetched AED1.02 million.
RTA offered 90 fancy plates for bidding in this auction comprising of two, three, four and five-digits bearing (AA-I-J-K-L-M-N-O-P-Q-R-S-T-U-V-W-X-Y-Z) codes.
By offering distinctive licensing plates at open or online auctions, RTA seeks to provide a neutral and transparent platform that avails fair opportunities to all bidders. Such plates are appealing to passionate clients as they symbolise important events in their lives.
These auctions are also of great importance as they serve the needs of a wide range of customers. RTA tends to hold auctions according to market needs with the objective of maximising customers’ satisfaction and improving the level of service. Such auctions are marked by wide participation and positive rivalry of passionate bidders.