Categories: Updates & News

Auction of 350 fancy vehicle number plates to be held in Dubai

Fancy vehicle number plates-Online auctions will be held by Dubai’s Roads and Transport Authority (RTA) for 350 fancy three, four, and five digit numbers. In addition to O-260 and V-1102, there are several ‘super numbers’.

Today, Monday, July 25, has been the first day for bidders to register for this online auction. On August 1, bidding will begin at 8am, and it will last for five days.

A VAT of 5% is applied to the sale of license plates at the auction. A Dh5,000 security deposit is required, along with a participation fee of Dh120, which is non-refundable.

It is one of the most eagerly anticipated events in the UAE to attend an auction for fancy number plates. This country has sold at least eight of the ten most expensive number plates in the world.

Buying the special number plates costs millions of dirhams, according to an expert. It could be a favorite number, a date of birth, or another special event in your life. While some people want to make a statement, others simply want to stand out,”

Shah Faisal

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