Most expensive plate record in Abu Dhabi
February 17, 2008 | Drive Arabia

The Abu Dhabi numberplate auction held on February 16 has set a new world record for selling the most expensive numberplate ever auctioned. Organised by Emirates Auction in association with Abu Dhabi police, the Code 5 plate numbered “1” fetched Dhs 52.2 million. That’s about US$14.4 million for a numberplate. The plate is expected to adorn a luxury car that only costs a fraction of that amount.
The record is recognised by the Guiness Book of World Records, and funds from the proceedings will go towards building a world-class rehabilitation centre in Abu Dhabi for accident victims. Interestingly, a recent news article state this country doesn’t even have such a proper facility yet. There is apparently one at Rashid Hospital in Dubai, but everyone knows how that place operates.
The winner of the auction is Saeed Abdul Ghaffar Khouri, if you were planning to bug the man for some cash for your own “charity” purposes.
The auction attracted 750 participants, and generated a record Dhs 89 million, or US$24.3 million, from the sale of 90 number plates. The youngest participant was 10 years old, bidding for his father. It’s never too early to start learning about the value of money.