04 Sep 2023
Over AED49 million raised at Dubai’s 113th open auction for premium vehicle plates
(The revenues surpassed the previous sale by 30%)
The proceeds of the 113th Open Auction for Distinctive Vehicle Number Plates of Dubai’s Roads and Transport Authority (RTA), held at the InternContinental Dubai Festival City Hotel on Saturday, September 2nd, amounted to AED49.789 million, reflecting an increase of 30% compared to the first open auction that took place this year which raised AED38.21 million.
Plate (AA 70) was the most expensive auctioned at AED3.82 million, followed by Plate (X 7777) for AED3.80 million, ahead of Plate (Z 43) which was sold for AED2.85 million. Then comes Plate (Y 96) which brought back AED2.66 million, and Plate (S 888) sold for AED2.3 million.
RTA offered 90 fancy plates at 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 bidders can avail of. Such plates are appealing to passionate clients as they symbolise important events in their lives.
These auctions are also of great importance to RTA 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.