“P-7”: Meet Rich Man in Dubai Who Bought World’s Most Expensive “Number Plate” for Over N6bn, Guinness Book Of Records Recognises Him

Dubai is known for its luxurious lifestyle, and it seems that its residents will go to any length to stand out from the crowd.  Continue Reading>>>

P-7 is world’s most expensive number plate

The latest example of this is a Dubai driver who spent a staggering $14.97 million (N6,894,732,900) on the world’s most expensive number plate – “P-7.”

@gwrarabicأغلى لوح ترخيص سيارة ⭐ 55 مليون درهم إماراتي من قبل “الإمارات للمزادات” لرقم اللوحة “P 7”♬ original sound – Guinness World Records Arabic

According to the Guinness World Records, the plate was bought during an auction held at Four Seasons Hotel Jumeirah meant for charity.  Continue Reading>>>

The funds generated from the sale were directed towards the One Billion Meals initiative, spearheaded by Sheikh Mohammed bin Rashid Al Maktoum, the ruler of Dubai and prime minister of the UAE.

The campaign was undertaken with the aim of assisting marginalized individuals worldwide during the sacred month of Ramadan.

Personalised number status symbol in UAE

Dubai is known for holding auctions for unique number plates, and many people in the UAE consider owning a personalised number plate as a status symbol.

The purchase of the world’s most expensive number plate by the Dubai driver is a testament to the extravagant lifestyle of the city’s residents.

However, the $14.97m (N6,894,732,900) price tag for “P-7” registration number is unprecedented and has made headlines around the world.

While some people may see this purchase as frivolous, others see it as an investment, given that the value of unique number plates has been known to appreciate over time.