UAE | General
Number plates become more expensive than cars
It is set to be auctioned on February 16 and will probably cost much more than the car it will adorn. Number plate 1 was one of the star exhibits at the recently concluded Supercar Show, which featured the 30 most expensive cars.
- By Binsal Abdul Kader, Staff Reporter
- Published: 14:36 February 5, 2008
- Image Credit: Abdul Rahman/Gulf News
- Abdullah Mattar Al Mannaie, managing director of Emirates Auction, which sells exclusive number plates, with Number Plate 1 at the Private Drive Supercar Show in Abu Dhabi.
Abu Dhabi: It is set to be auctioned on February 16 and will probably cost much more than the car it will adorn.
Number plate 1 was one of the star exhibits at the recently concluded Supercar Show, which featured the 30 most expensive cars.
"Visitors were curious about number plate 1 because it is set to make a world record as the most expensive plate in the world," said Abdullah Mattar, Managing Director of Emirates Auction, which conducts number plate auctions supported by General Directorate of Abu Dhabi police.
Emirates Auction set up a stall at the Private Drive Supercar Show at the Emirates Palace Hotel.
"Many were surprised to know that its price may be more than the Maserati MC 12 Corsa, which costs Dh1.8 million euros (about Dh9.78 million), the most expensive car at the show." Abdullah said they expect number plate 1 to fetch more than Dh25 million.
"Number 5 was sold for Dh25.2 million, which set the Guinness world record as the most expensive number plate. So we expect more for number plate 1,'' he said, displaying the certificate from the Guinness world records for number plate 5, which was bought by Talal Ali Mohammad Khouri, a prominent businessman.
Abdullah said they expect fierce bidding for number plate 1, in which at least five people will compete until the last moment. He did not disclose the names of the prospective bidders.
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