Emirates Auction has achieved a new world record by selling the most expensive number plate in the world for a whopping AED 55 million, equivalent to $15 million at the "Most Noble Numbers" charity auction on April 8, 2023. The auction was held at the Four Seasons Resort in Jumeirah. The "P7" license plate that was up for sale is now the most valuable number plate sold ever.
The "P7" plate number sold at the charity auction for 55 million dirhams, smashes the previous record of AED 52.5 million ($ 14 million) set by the sale of the Abu Dhabi plate "51" by Emirates Auction in 2008.
The latest auction has raised around AED 97.6 million ($26.6 million) in support of the "1 Billion Meals Endowment" campaign. The campaign was launched by His Highness Sheikh Mohammed bin Rashid Al Maktoum, Vice President and Prime Minister of the UAE and Ruler of Dubai, to establish the world's biggest sustainable food aid endowment fund during Ramadan.
Since 2004, Emirates Auction has been conducting luxury registration plate auctions in the UAE, attracting global buyers and has sold all of the world's top 10 most expensive number plates to date. They also collaborate with charities and organizations to raise funds for education, health, and humanitarian aid, demonstrating the UAE's potential to support social causes.
A word from the Emirates Auction Officials
Abdulla Matar Almannaei, Chairman of Emirates Auction, said, "Breaking world records is always exhilarating, but breaking a world record while making a difference in people's lives is truly priceless. The sale of plate number P7 for AED 55 million ($ 15 million) at the Most Noble Numbers charity auction is a testament to the generosity and commitment of our bidders towards supporting the '1 Billion Meals Endowment' campaign. We at Emirates Auction are proud to have played a role in this achievement, and we look forward to continuing our support for charitable causes through innovative auction events."Omar Matar Almannaei, Executive Director of Emirates Auction, said, "The Most Noble Numbers charity auction has once again demonstrated the remarkable generosity of the UAE community in supporting charitable causes. We are proud to have played a part in raising AED 97.6 million ($26.6 million) towards the '1 Billion Meals Endowment' campaign through the sale of special vehicle plates.
