First, I considered the selling prices of similar cars. The 2019 Range Rover Velar 2.0L TC i4 with 53000 km sold for 174000 AED on 2023-12-04, and another 2019 model with 37000 km sold for 178000 AED on 2024-01-27. These cars have lower mileage compared to the target car (118500 km). The 2018 Range Rover Velar P380 3.0L V6 SC with 82250 km sold for 176800 AED on 2023-09-18, but it is a different variant (HSE P380) and has a more powerful engine. Next, I looked at the listed prices. The closest match is a 2019 Range Rover Velar 2.0L I4 with the same variant and mileage listed for 131000 AED. Other listings with lower mileage are priced significantly higher (199000 AED, 206000 AED, and 176500 AED). Considering the higher mileage of the target car and the selling prices of similar cars, I adjusted the estimate downwards from the listed price of 131000 AED.