23-02-2009
Number plate auction fetch 44million
Number (8) leads its way to the fifth place in price record
The total revenue from the 14th auction of distinguished number plates held on last Saturday at Emirates Palace Hotel fetched Dh 44m. The revenue was 25% more than the previous auction.
Number (8) sold for Dh8m and entered the Diamond List of the most expensive 10 numbers in the world. It gained equal footing with number (11) launched by Dubai Police earlier.
Colonel Salim Ali Al Shamsi, Director of privatization and Resources Development at Abu Dhabi Police, said that the auction witnessed severe competition between the bidders. The numbers which fetched higher prices were:
Number (77) fetched Dh4m
Number (34) fetched Dh 2,650,000
Number (43) fetched Dh 2,050,000
Number (58) fetched Dh 2,050,000
Number (888) fetched Dh 1,300,000
Number (88888) fetched Dh 1,250,000
Number (9999) fetched Dh 1,950,000
Al Shamsi appreciated the positive participation of the public. One of the participants age was only 8 years. Another group of prestigious numbers would be launched during the next auction.
Mr. Abdullah Mattar Al Manai, Executive manager of Emirates Auction said that that the auction drew the attention of many participants. The number of audience were 259 among them 129 were actual bidders.
The revenue from this auction exceeded the revenues of the previous three auctions. Some numbers exceeded expectations, where number (131) fetched Dh 1,500,000. The participants expressed their happiness for taking part in the auction of which the revenue goes for charity work.
