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Indian Pays A King's Ransom For VIP Number Plate — Dubai Number Plates Are As Expensive As The City
An Indian real estate businessman based in Dubai has paid a staggering amount of money to get his hands on a rather special number plate in Dubai.
Balvinder Sahni, won the auction for the prestigious ‘D5' number plate with a bid of 33 Million Dirhams (Rs. 59.9 crore). Sahni later told 7days.ae, "I'll put it on one of my Rolls-Royces, the black one." Sahani, also purchased another Dubai plate for 1 million dirham (Rs. 1.81 crore).
Sahani claims that buying number plates is a hobby for him and this isn't actually the first time the Dubai based Indian businessman has thrown money around to get himself a custom VIp number plate.
Just last year, Sahni had purchased the ‘O9' number plate for himself for 25 million dirhams (Rs. 45.27 crore).
In Dubai and the other Emirates that make up the UAE, license plates with shorter numbers are auctioned off as the rich and wealthy consider them to be status symbols.
The auction in which Sahni picked up his latest vanity plate saw 80 number plates go under the hammer.
However, Sahni's recent purchase comes nowhere close to the current record held by an Emirati businessman by the name Saeed Al Khouri who bid 52.2 million dirhams (Rs. 84.52 crore) to get the Abu Dhabi plate featuring only the number 1 on the board.
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