Abu Dhabi Plate No.1

Abu Dhabi Police made a profit of nearly Dh99 million during a public auction in which 50 VIP car license plates, class 50, were auctioned in collaboration with Emirates Auction. The AD police department held this prestigious auction to commemorate its 50th anniversary.

With 750 bidders in attendance, AD Company License Plate No.1 set a new record for the most expensive license plate, selling for Dh31 million ($14.8 million) in Abu Dhabi in 2016. The price of the plate jumped from one million dirhams to 26 million dirhams just minutes after the bidding started. When the bidding for No.1 exceeded 47 million dirhams, the field was narrowed to Al Khouri and Yousuf Naser, a Dubai billionaire. The winner was a businessman named Saeed Al Khouri. Emirates Palace was the host of the auction.

This one-of-a-kind bargain will be entered into the Guinness World Records book. The auction proceeds will be used to build a specialized emergency hospital in the United Arab Emirates, which has seven members.

Price: $14.8 million