To estimate the price of the 2023 Land Rover Defender P400 First Edition, I considered the new car prices of similar variants. The closest variant in terms of engine and trim is the 2024 Land Rover Defender 110 HSE (P400) with a starting price of AED 369900. Given that the car in question is a 2023 model, I applied a 10% depreciation for one year, resulting in a value of AED 332910. Additionally, the First Edition trim is typically more expensive than the HSE trim, so I added an estimated premium of 10%, bringing the estimated price to AED 366201. The car's low mileage (9210 km) and good condition also support a higher valuation within this range.