Number plate sold for $14.2 mn in UAE

A car number plate with number 1 has made an entry into the Guinness Book of World Records as the "most expensive number plate", as it was auctioned for $14.2 million.

A car number plate with number 1 was auctioned for AED 52.2 million ($14.2 million) at an auction in Abu Dhabi , making an entry into the Guinness Book of World Records as the "most expensive number plate", WAM news agency reported on Sunday.

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The plate was sold to Emirates businessman, Saeed Abdul Ghafar Khouri, at the auction conducted by the United Arab Emirates Road Transport Authority.

The previous highest bid for a car number plate was held by his countryman Talal Khouri for a plate with number 5 for $7 million.

The proceeds from the sale of these special car number plates would be used to build a hospital for treatment of road accident victims.