CNN has reached out to Guinness World Records for confirmation of the new record but did not immediately receive a response.
License plates also sold for 2,950,000 dirhams ($800,000) and 140,000 dirhams ($38,000) at the auction held at the Four Seasons Hotel Jumeirah.
The license plate was sold as part of a charity auction. Credit: From Emirates Auction/Twitter
Prices for a vanity license plate normally run considerably cheaper in the United States, although they vary from state to state.
In Virginia, a personalized plate costs $10 a year in addition to the vehicle registration and special plate fees, whereas in New York it costs $31.25 annually, as well as a $60 initial fee.