Dubai number plate ‘P 7’ sells for a massive $15mn. Exotic license plates and high-end automobiles are both considered collectibles. In the past, we’ve heard stories from Dubai about car owners buying license plates for ten times the price of their vehicles.
During an auction for VIP numbers held in the city of gold, a man paid 55 million dirhams, or Rs4.21 billion, for the “P 7” license plate.
The incident occurred during the auction for “Most Noble Numbers,” which was held at the Four Seasons Resort Dubai.
To support the “1 Billion Meals Endowment” effort, the whole proceeds from this auction will be donated to the biggest Ramadan sustainable food relief endowment fund.
Sheikh Mohammed Bin Rashid Al Maktoum, vice president, prime minister of the United Arab Emirates, and ruler of Dubai, founded the fund.
Dubai number plate ‘P 7’ sells for a massive $15mn. The identity of the man who purchased this number plate is not yet revealed.
Dubai guy pays 15 million $ for a car number plate.
(Proceeds go to charity towards the 1 Billion Meals endowment campaign to fight global hunger) pic.twitter.com/PCRBfAZoNP
— Saygin Yalcin (@SayginYalcin) April 9, 2023
In April 2022, an auction was conducted in Abu Dhabi to support the One Billion Meals campaign, and it raised AED111 million ($30.2 million) in total.
One of the items sold at the auction was a unique car number plate, which belonged exclusively to Abu Dhabi, and it was purchased for AED23.3 million.
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Dubai is the most populous city in the United Arab Emirates (UAE) and the capital of the Emirate of Dubai, the most populated of the 7 emirates of the United Arab Emirates.
Established in the 18th century as a small fishing village, the city grew rapidly in the early 21st century with a focus on tourism and luxury, having the second most five-star hotels in the world, and the tallest building in the world, the Burj Khalifa, which is 828 meters (2,717 ft) tall.
