Indian man buys $9 million Dubai license plate for his Rolls Royce
Your support helps us to tell the story
From reproductive rights to climate change to Big Tech, The Independent is on the ground when the story is developing. Whether it's investigating the financials of Elon Musk's pro-Trump PAC or producing our latest documentary, 'The A Word', which shines a light on the American women fighting for reproductive rights, we know how important it is to parse out the facts from the messaging.
At such a critical moment in US history, we need reporters on the ground. Your donation allows us to keep sending journalists to speak to both sides of the story.
The Independent is trusted by Americans across the entire political spectrum. And unlike many other quality news outlets, we choose not to lock Americans out of our reporting and analysis with paywalls. We believe quality journalism should be available to everyone, paid for by those who can afford it.
Your support makes all the difference.Indian businessman Balwinder Sahani paid 33 million dirhams ($9 million) for a Dubai license plate for one of his Rolls Royces.
Plate ‘D5’ was sold at a government auction on Saturday, according to local media reports. Sahani, who owns a property management company, also purchased another plate for 1 million dirhams. He bought the number O9 last year at an auction for 25 million dirhams, Sahani told Gulf News.
Auctions of license plate numbers are a big draw in the United Arab Emirates where a shorter number is a status symbol coveted by the wealthy. In 2008, businessman Saeed Al Khouri, paid 52.2 million dirhams for the number 1 license plate in Abu Dhabi, a record for the country.
Eighty number plates went under the hammer at Saturday’s auction in Dubai. Bids for the ‘D5’ plate started at 20 million dirhams and the proceeds of the sale will go to Dubai’s Roads & Transport Authority.
Copyright: Bloomberg
Join our commenting forum
Join thought-provoking conversations, follow other Independent readers and see their replies
Comments