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News 2026-10-06 12:21 UTC

New app Mazal targets luxury license plate resale market

Mazal’s founders say plates worth $463 million have changed hands in three years, and that the market is growing by about 20% a year. Dubai’s priciest license plate, P7, sold for $15 million in 2023. Yet the resale market has run largely on Instagram and independent brokers. A new app, Mazal, aims to change that by hol