Dubai, UAE—Dubai’s Roads and Transport Authority (RTA) fetched $10.12 million from the auction of distinctive vehicle number plates at Grand Hyatt Dubai Hotel.
The sale topper was Plate (AA 13), which was exchanged for $1.20 million, followed by Plate (U 70) which was sold for $816,882Â Plate (Z 1000) brought back $601,769 , and Plate (V 99999) fetched $343,090.
RTA offered 90 fancy plates for bidding in this auction comprising of two, three, four and five-digits bearing (AA-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 symbolize 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 maximizing customers’ satisfaction and improving the level of service. Such auctions are marked by wide participation and positive rivalry of passionate bidders.