Home Latest News Indian Businessman Pays $9mn for Dubai License Plate

Indian Businessman Pays $9mn for Dubai License Plate

by AFP
Dubai-based Indian businessman Balwinder Sahani attends the car registration plate auction on Oct. 8. AFP

Dubai-based Indian businessman Balwinder Sahani attends the car registration plate auction on Oct. 8. AFP

Single-digit car registration plate is one of 10 ‘collected’ by owner of property management company.

An Indian businessman has paid $9 million at auction to grab a single-digit car registration plate in Dubai, feeding a passion for “unique” number plates.

Balwinder Sahani, who owns a Dubai-based property management company, spent AED 33 million on the ‘D5’ number plate, in an auction organized by the road authority, Gulf News daily reported on Sunday. “I have collected 10 number plates so far and I am looking forward to having more. It’s a passion. This number will go to one of my Rolls-Royces,” he said.

The daily said more than 300 bidders participated on Saturday in the auction, which is organized every two months. Eighty special numbers were on offer.

Auctions for ‘unique’ car plates have become a fashion in the glitzy United Arab Emirates with auction organizers frequently netting millions of dollars.

Related Articles

Leave a Comment