The world’s most expensive license plate just sold for $15 million in Dubai

The world’s most expensive license plate just sold for $15 million in Dubai

A license plate believed to be the world's most expensive sold for 55 million UAE dirhams ($15 million) in an auction at the weekend. The plate simply features one letter and one digit: "P 7." Emirates Auction, which auctioned off the license plate in Dubai on Saturday, that it was a new record. The company said that the proceeds would go to a food aid charity led by , the Dubai ruler. reported that the buyer of the plate hasn't been disclosed. Emirates Auction did not immediately respond to Insider's request for comment. The most expensive license plate sold prior to the weekend's auction was the single digit "1," . It was bought for 52.2 million dirhams (around $14.2 million) by Saeed Abdul Ghaffar Khouri from the United Arab Emirates in 2008, also during an auction organized by Emirates Auction. This is still listed as the record holder on the Guinness World Records website. In Hong Kong, , or around $3.2 million, in February. Dubai-based businessman, Balvinder Singh Sahni, told that he had bought the license plate "D 5" for 33 million dirhams in 2016. "Dubai is a city of gold," he told the outlet. "It's a city of big