What other country that Dubai can afford to record such high auctions for a license plate? In this country where lust and the very high -end are in order, the traditional sale of the roads and transport authority (RTA) has once again been talked about.
A record still not equaled
Two figures and two letters were enough to ignite an entire room. “CC22” is the writing-as simple as it is-from the license plate sold to more than $ 8 million (just over 2 million euros). As we told you in the chapô of this article, symbolism and rarity are at the origin of this exorbitant price. Is this a valid justification? We let you judge it, but we have a little idea … The worst in all of this is that this sale is not even the record for a license plate. In 2023, the P7 plaque was sold for 55 million dirhams (around 13.2 million euros) and has never been equaled so far.
An obsession for license plates
If you did not know, this sale is part of a local tradition sticking well with the extravagance of the country. In Dubai, license plates have become real collectibles. They are much more than simple identification tools: they have become symbols of status. Having combinations of unique or rare numbers means prestige and social recognition, encouraging wealthy buyers to spend huge sums for special parts. Double or triple figure plates are particularly sought after, because their rarity makes them even more exclusive.
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A license plate sold more than 2 million euros panics the auctions
During an auction in Dubai, a license plate was acquired for the sum of 8.33 million dirhams. Symbolism and rarity are at the origin of this exorbitant price.
