Premium plates fetch AED 69.137 million at RTA auction

Dubai's Roads and Transport Authority (RTA) secured a staggering AED 69.137 million at the latest open auction of vehicle licence plates.

The 116th edition of the auction featured 90 premium plates, ranging from two to five digits and including the letters AA, L, N, P, Q, R, S, T, U, V, W, X, Y, and Z. 

The auction was a roaring success, with plate number AA17 commanding the highest bid at AED 8.02 million. Other notable sales included plate number Y1000 for AED 4.55 million, V96 for AED 4.1 million, and AA333 for AED 3.01 million.

The RTA set a world record for selling the world’s most expensive license plate, P7, for AED 55 million to the founder of Telegram, Pavel Durov, last year.

RTA's public and electronic auctions of premium number plates adhere to a rigorous strategy underpinned by meticulous planning, ensuring neutrality, transparency, and equitable access for those seeking these unique identifiers. These individuals are drawn to the authority's auctions as these distinctive numbers often symbolise significant life events, personal affiliations, or aspirational goals.