Share

Indian property tycoon spends R125-million on a number plate!

Dubai - An Indian businessman has paid $9-million at an auction to grab a single-digit car registration plate in Dubai, feeding a passion for "unique" number plates.

Balwinder Sahani, who owns a Dubai-based property management company, spent AED 33-million or the equivalent of $9-million on the "D5" number plate, in an auction organised by the road authority, Gulf News daily reported on Sunday (October 9).

Beat over 300 bidders

Sahani said: "I have collected 10 number plates so far and I am looking forward to having more. It's a passion. This number will go to one of my Rolls-Royces." 

The daily said more than 300 bidders participated Saturday (October 8) in the auction which is organised every two months. 80 special numbers were on offer.

Auctions for "unique" car plates have become a fashion in the glitzy United Arab Emirates with auction organisers frequently netting millions of dollars.

More on personalised license plates

We live in a world where facts and fiction get blurred
Who we choose to trust can have a profound impact on our lives. Join thousands of devoted South Africans who look to News24 to bring them news they can trust every day. As we celebrate 25 years, become a News24 subscriber as we strive to keep you informed, inspired and empowered.
Join News24 today
heading
description
username
Show Comments ()
Editorial feedback and complaints

Contact the public editor with feedback for our journalists, complaints, queries or suggestions about articles on News24.

LEARN MORE