This license plate cost nearly $14 million, but it was expected. The Dubai ones cost 10.3 million and 9.5 million dollars, respectively. Some UAE license plates cost 50–100 times more than the cars they’re on. However, the money usually goes to charity.
The most costly number plate is a fascinating narrative. How do you stand out among Lamborghinis, Ferraris, and Bentleys—even the police drive them? High-rollers get distinctive license plates. It’s a hobby and a means to match your car’s license plate, like f488 for a Ferrari 488.
Rare plates demonstrate your ability to indulge. In 2008 rare number plates reached $14.5 million in sales. That’s like buying 36 base-price Lamborghini Aventadors or 70 Mclaren GTs in a buyers’ market.
Syed Abdul Ghaffar Kuri said he bought it to be the greatest in Dubai and Abu Dhabi. Five-digit license plates are popular, although four or fewer draw attention and imply wealth. Getting a four-digit license plate would cost you a few thousand dollars and probably mean you’re financially comfortable owning a three-digit plate worth a couple hundred thousand. You’re rich two digits rare plate costs above a million. You’re probably a CEO roll-in anywhere with a single digit worth tens of millions, and people will think you’re royalty and treat you like it for obvious reasons.
In the UAE, buying a rear plate helps society. The UAE auctions rare plates for charity every year. This year’s auction in Dubai, Abu Dhabi, and online let collectors bid for the noblest numbers and contribute the revenues to the one billion meals initiative, which feeds the hungry in 50 countries.
If you win the rarest one, everyone will know Muhammad or Abdullah is aa8 within a year. That’s one reason the number plate was pricey and popular. F55y66 and d66 were additional unique plates auctioned.
The ultra-exclusive number two plate went for 6.3 million dollars in the Abu Dhabi charity auction, and aa8 broke another world record at 9.5 million dollars. The 14.5 million dollar number one plate in Abu Dhabi, the 10.3 million dollar aa9 plate in Dubai, and the 9.5 million dollar aa8 plate in Dubai were all bought at charity auctions.
In 1903, a high-society politician had his butler wait overnight at a council office for an a1 plate for his car. The plate belongs to a dusty 207 black mini Cooper in London valued at over 6.5 million dollars.
Rare number plates are a huge business in Dubai and Abu Dhabi because buyers know they will make a profit from them.
The California mm plate with an nft is worth 24.3 million dollars, and the UK f1 plate bought for 575 000 is worth over 44 million. Why are license plates worth millions? Scarcity and status—consecutive digits like one, two, three, four, five, or repeating numbers and alphabets like aa111 pay extra.
Plates with fewer characters, like the Aa plate in Dubai or the 1921 Alaska plate, are rarer and more valuable.