Indian tycoon pays $9m for Dubai car plate | kuwaittimes

Balwinder Sahani

Indian tycoon pays $9m for Dubai car plate

October 09, 2016 | 10:23 p.m EDT

Balwinder Sahani

DUBAI: An Indian businessman has paid $9 million at 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 on the "D5" number plate, in an auction organized by the road authority, Gulf News daily reported yesterday. "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," he said.

The daily said more than 300 bidders participated Saturday in the auction which is organized every two months. Eighty special numbers were on offer. Auctions for "unique" car plates have become a fashion in the glitzy United Arab Emirates with auction organizers frequently netting millions of dollars. - AFP

October 09, 2016 10:23 PM

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