Press Releases
19 Dec 2022
Dubai’s 111th open auction for premium vehicle plates raises more than AED 30 million
The proceeds of the 111th Open Auction for Distinctive Vehicle Number Plates held by Dubai’s Roads and Transport Authority (RTA) at Grand Hyatt Dubai Hotel last Saturday, 17th December, 2022, amounted to AED30.8 million.
The sale topper was Plate (O 36), which was exchanged for AED2.64 million, followed by Plate (U 66666) which was sold for AED1.46 million. Plate (Z 786) brought back AED1.035 million, and Plate (V 44444) fetched AED1 million.
RTA offered 90 fancy plates for bidding in this auction comprising of two, three, four and five-digits bearing (H-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 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. Such auctions are marked by wide participation and positive rivalry of passionate bidders.