Given the lack of specific data points such as selling prices, offers accepted, and listed prices, I will use the new car price and apply depreciation logic. Assuming a new 2017 BMW 1M Standard coupe had an approximate price of 300,000 AED, and considering a depreciation rate of 10% per year, the car would depreciate by 30,000 AED each year. Over 7 years (from 2017 to 2024), the total depreciation would be 210,000 AED. Therefore, the estimated price would be 300,000 AED - 210,000 AED = 90,000 AED.