The car to be estimated is a 2023 Land Rover Defender 110 HSE (P400). We have a new car price for the 2025 model of the same variant at AED 369,900. Using a 15% annual depreciation rate, the estimated new price for the 2023 model would be approximately AED 320,415. We have a recent sale of a 2023 Defender 110 HSE (P400) with 38,000 km for AED 301,750 on 2024-10-16. The car in question has lower mileage at 13,500 km, which should increase its value. Considering the lower mileage and the recent sale price, the estimated market price for the car is slightly higher than the recent sale price.