The car to be estimated is a 2022 Volvo XC40 2.0L T4 R Design T4 Momentum (Base) with 28003 km mileage. The closest new car price for the same variant is AED 161000. Considering depreciation, the car is 2 years old, so we apply a 15% annual depreciation: 161000 * 0.85 * 0.85 = AED 116572.25. For similar cars, a 2022 XC40 T4 R-Design (Base) with higher mileage (45900 km) had an offer accepted at AED 138500. Dealer sold prices for 2022 XC40 T4 Momentum with higher mileage range from AED 101995.75 to AED 127491.5. The average of these dealer prices is approximately AED 115807.19. Considering the lower mileage of the car to be estimated, a slight premium over the average dealer price is reasonable, but less than the accepted offer due to the variant difference.