Businessman pays £3.4m for no.1 number plate at UAE auction

06 June 2016
 

A car registration plate bearing just the number one has been sold for the equivalent of £3.4m at an auction in the United Arab Emirates (UAE).

Emirati businessman Arif Ahmed al-Zarounio secured by bidding AWD18m, which was 18 times the reserve price: “My ambition is always to be number one.”

The plate auctioned was for the Sharjah emirate. The highest price ever paid for a number plate in the UAE was AED52.2m (£9.8m), which was auctioned in Abu Dhabi in 2008....

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