RTA’s inaugural number plate auction for vintage vehicles garners Dhs1.824m

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Source:  www.gulftoday.ae

DUBAI: The first number plates auction for vintage vehicles organised by the Licensing Agency of the Roads & Transport Authority (RTA) has been a huge success and well received by clients who were keen on acquiring these unique vehicles, particularly as it is the first ever of its kind in the region. The auction’s proceeds clocked Dhs1.824 million.

Mohammed Abdul Kareem Nimaat, director of Vehicles Licensing at RTA Licensing Agency, said, “Holding this open number plate auction for classic vehicles is in line with our drive aimed at offering equitable chances and transparency for clients and meeting their continuous desires.

As there are considerable numbers of community members who have classic vehicles aspiring for a suitable mechanism for buying distinguished plates or licensing these vehicles, this ensures safer mobility on roads.

“During the open auction, about 63 distinguished plates were offered to satisfy the needs and expectations of the public. The sales topper was the plate (13), which fetched Dhs305,000, followed by the triple number (444) which was sold for Dhs123,000, whereas the five-digit plate (99999) was exchanged for Dhs90,000 and the 4-digit plate (5555) which was auctioned for Dhs85,000.

“All other numbers listed in the auction were sold for 3 times their initial value. Moreover, the numbers, which coincided with the vehicle’s manufacturing date, saw heated bidding. In future, the RTA will co-operate with the Automobile and Touring Club – UAE in setting up simple procedures for the owners of these vehicles to meet their needs and expectations in acquiring classic numbers, and facilitating the licensing processes of the respective codes and types.” More info