I started by looking at the selling price of a 2011 BMW 523 with 112000 km mileage, which sold for AED 31500 on 2023-08-13. Given that the car in question is a 2012 model with higher mileage (165200 km), I adjusted the price downwards. Next, I considered the offer accepted for a similar 2012 BMW 523 with the same mileage and specs, which was AED 26000 on 2024-06-14. This provides a strong indication of the market value. Additionally, I reviewed the listed prices of similar cars: a 2012 BMW 523 with the same mileage listed for AED 25500, and other 2011 models with varying mileages and prices ranging from AED 18500 to AED 33000. Given the condition and mileage of the car in question, I estimated the market price to be slightly above the accepted offer but below the highest listed price.