I started by examining the selling prices of similar cars. The 2020 Toyota Corolla 1.6 I4 hybrid with similar mileage sold for AED 47500 on 2024-02-16. Another 2020 Toyota Corolla I4 1.6L with lower mileage sold for AED 48500 on 2024-08-14. These prices are for similar variants and conditions. I also considered dealer sales, where a 2020 Toyota Corolla 1.6L XLI with similar mileage sold for AED 50991.5 on 2023-09-28. Given the car's average condition and higher mileage, I adjusted the estimate slightly lower than the dealer sales but in line with the private sales, considering the time elapsed since those sales.