The National's Taste Test series takes you inside the latest restaurants just before they open their doors, and ask chefs what dishes they would recommend and what makes them special, for you to then order (or, indeed, avoid).
Here we get a preview of the menu at Rare, a steakhouse in Dubai that opens this evening.
Inside Rare
In many ways, Rare is a much-awaited evolution of its sister restaurant CMP Bar & Grill, which was among the restaurants that closed down last year due to redevelopment plans at The Pointe. Rare opens on Friday at C2, the new licensed restaurant hub at City Walk.
“CMP was my first venture, and operated at The Pointe for four and a half years,” owner Sahil Anand tells The National. “So it was definitely an experience and I've brought a lot of that here.”
The steakhouse features a muted colour palette, with earthy hues of maroon and green, as well as wood elements. A prominent central bar, plus marble-top surfaces, plush velvet seating and a stylised ceiling add to a sense of glamour.
“I wanted to meld a laid-back Parisian brasserie with a New York cocktail bar,” says Anand.
The restaurant's name offers sufficient clues as to the food offering – it is a smokehouse with all manner of steak on the menu. Even though Anand's family are vegetarian, the Indian-born restaurateur is a self-confessed carnivore.
The menu, designed by chef Jesse Blake, has more than 60 items, ranging from succulent meats to eclectic sides. “When you go to a steakhouse, all you tend to get is tenderloin, rib-eye or strip loin, but here we're adding more. We'd like to do as much of the animal as we can, including tongue” says Anand.
The restaurant can seat 140 guests between its indoor and outdoor areas and, when it opens on Friday evening, Anand and Blake recommend trying the following dishes.
Wagyu tartare with potato hash
“The tartare is seasoned simply with pickled radishes, diced shallots and a touch of horseradish. At the centre, we serve it with a wasabi creme fraiche and top it with a slow-cooked egg yolk,” says Blake, who was one of the chefs who opened Michelin-lauded Lowe. “We serve with it a side of potato hash fingers dusted with smoked sea salt.”
Taste test: I expected a bit more heat in the tartare given how pungent wasabi can be, but it's subtle and provides a fresh boost to the raw meat. The yolk adds textural variety to it, making the dish thicker. I'm not a big fan of the added creaminess, but the flavours are a hit. Something I would add is a hint of citrus to balance it out. The hash fingers are divine, though, with an interesting smoky flavour due to the sea salt that I would happily buy bottles of.
Charred octopus skewers with pickle
“We slow-cook the octopus to the point they are tender, but not overly so. We don't want it to melt in the mouth per se, as people should still feel like they are eating octopus,” explains Blake. “The meat is also glazed in a fermented chilli and garlic dressing, served with a fresh salad of pickled fennel, golden gooseberries and a little bit of aioli.”
Taste test: Octopus meat can be tricky to cook, but Rare does it with aplomb. The spicing is beautiful and subtle, and tenderness Blake refers to renders the dish soft but with a chewiness – all of which allow the meat to shine. The salad really brings the dish together, with the sweet gooseberries acting as a palate cleanser to remove the vague taste of the sea octopus meat inevitably has.
Strip loin with wasabi cream
“This is South African Wagyu, which is a relatively new product here, while the wasabi adds a Japanese influence to the flavour profile,” says Blake. “We make our own yakitori tare, brushed on the steak before finishing it with a beef glaze to accentuate the flavours. It's got some wasabi tobiko for pops of that wasabi freshness, and for crunch and texture we add tempura batter crispies.”
Taste Test: Wasabi makes for an interesting ingredient to cut through the richness of the meat, which is cooked to a perfect medium rare. Blake allows the meat to shine through with an easy hand when it comes to the marinade. Charred broccolini and snow peas (ordered separately on the side) are a fitting complement to the steak.
Oyster blade with pebre salsa
“The oyster blade comes with a simple salsa made with local cucumbers and tomatoes, plus a touch of jalapeno, green onion, and red and yellow chillies. There's also lime juice and coriander to make it more refreshing, because oyster blade can be a little fatty at times,” explains Blake.
Taste Test: The fattiness makes this an interesting cut for a steak because it's all the more rich, flavourful and juicy even on a medium rare cook. The meat sits on top of the bed of salsa, which lacks the acidity I was expecting to cut through the richness of the oyster blade. Although the simple flavours were spot on, it was a tad sweeter than expected given the drizzle of honey.
Whipped burnt cheesecake with maple-grilled peaches
“This is our take on a peach pie cheesecake flavour combination. There is whipped burnt cheesecake for the caramel flavour, but also that cheesiness. The maple-grilled peaches are poached and finished on the grill,” explains Blake. “We also add yuzu pearls for pops of freshness and a salted almond crumb.”
Taste Test: There is a lot going on in this dessert both visually and taste-wise, which can be tricky to appreciate after a rather heavy steak meal. But once I dig in, I enjoy the flavour combination with its delicate sweet-and-savoury dance. The yuzu pearls are a great addition, providing a prominent citrus taste to balance the sugary cheesecake and caramelised peaches. My only grouse is that the fruit was not cut smaller to allow every element of the dessert to fit into one bite.
Ten tax points to be aware of in 2026
1. Domestic VAT refund amendments: request your refund within five years
If a business does not apply for the refund on time, they lose their credit.
2. E-invoicing in the UAE
Businesses should continue preparing for the implementation of e-invoicing in the UAE, with 2026 a preparation and transition period ahead of phased mandatory adoption.
3. More tax audits
Tax authorities are increasingly using data already available across multiple filings to identify audit risks.
4. More beneficial VAT and excise tax penalty regime
Tax disputes are expected to become more frequent and more structured, with clearer administrative objection and appeal processes. The UAE has adopted a new penalty regime for VAT and excise disputes, which now mirrors the penalty regime for corporate tax.
5. Greater emphasis on statutory audit
There is a greater need for the accuracy of financial statements. The International Financial Reporting Standards standards need to be strictly adhered to and, as a result, the quality of the audits will need to increase.
6. Further transfer pricing enforcement
Transfer pricing enforcement, which refers to the practice of establishing prices for internal transactions between related entities, is expected to broaden in scope. The UAE will shortly open the possibility to negotiate advance pricing agreements, or essentially rulings for transfer pricing purposes.
7. Limited time periods for audits
Recent amendments also introduce a default five-year limitation period for tax audits and assessments, subject to specific statutory exceptions. While the standard audit and assessment period is five years, this may be extended to up to 15 years in cases involving fraud or tax evasion.
8. Pillar 2 implementation
Many multinational groups will begin to feel the practical effect of the Domestic Minimum Top-Up Tax (DMTT), the UAE's implementation of the OECD’s global minimum tax under Pillar 2. While the rules apply for financial years starting on or after January 1, 2025, it is 2026 that marks the transition to an operational phase.
9. Reduced compliance obligations for imported goods and services
Businesses that apply the reverse-charge mechanism for VAT purposes in the UAE may benefit from reduced compliance obligations.
10. Substance and CbC reporting focus
Tax authorities are expected to continue strengthening the enforcement of economic substance and Country-by-Country (CbC) reporting frameworks. In the UAE, these regimes are increasingly being used as risk-assessment tools, providing tax authorities with a comprehensive view of multinational groups’ global footprints and enabling them to assess whether profits are aligned with real economic activity.
Contributed by Thomas Vanhee and Hend Rashwan, Aurifer
Skoda Superb Specs
Engine: 2-litre TSI petrol
Power: 190hp
Torque: 320Nm
Price: From Dh147,000
Available: Now
Mercer, the investment consulting arm of US services company Marsh & McLennan, expects its wealth division to at least double its assets under management (AUM) in the Middle East as wealth in the region continues to grow despite economic headwinds, a company official said.
Mercer Wealth, which globally has $160 billion in AUM, plans to boost its AUM in the region to $2-$3bn in the next 2-3 years from the present $1bn, said Yasir AbuShaban, a Dubai-based principal with Mercer Wealth.
“Within the next two to three years, we are looking at reaching $2 to $3 billion as a conservative estimate and we do see an opportunity to do so,” said Mr AbuShaban.
Mercer does not directly make investments, but allocates clients’ money they have discretion to, to professional asset managers. They also provide advice to clients.
“We have buying power. We can negotiate on their (client’s) behalf with asset managers to provide them lower fees than they otherwise would have to get on their own,” he added.
Mercer Wealth’s clients include sovereign wealth funds, family offices, and insurance companies among others.
From its office in Dubai, Mercer also looks after Africa, India and Turkey, where they also see opportunity for growth.
Wealth creation in Middle East and Africa (MEA) grew 8.5 per cent to $8.1 trillion last year from $7.5tn in 2015, higher than last year’s global average of 6 per cent and the second-highest growth in a region after Asia-Pacific which grew 9.9 per cent, according to consultancy Boston Consulting Group (BCG). In the region, where wealth grew just 1.9 per cent in 2015 compared with 2014, a pickup in oil prices has helped in wealth generation.
BCG is forecasting MEA wealth will rise to $12tn by 2021, growing at an annual average of 8 per cent.
Drivers of wealth generation in the region will be split evenly between new wealth creation and growth of performance of existing assets, according to BCG.
Another general trend in the region is clients’ looking for a comprehensive approach to investing, according to Mr AbuShaban.
“Institutional investors or some of the families are seeing a slowdown in the available capital they have to invest and in that sense they are looking at optimizing the way they manage their portfolios and making sure they are not investing haphazardly and different parts of their investment are working together,” said Mr AbuShaban.
Some clients also have a higher appetite for risk, given the low interest-rate environment that does not provide enough yield for some institutional investors. These clients are keen to invest in illiquid assets, such as private equity and infrastructure.
“What we have seen is a desire for higher returns in what has been a low-return environment specifically in various fixed income or bonds,” he said.
“In this environment, we have seen a de facto increase in the risk that clients are taking in things like illiquid investments, private equity investments, infrastructure and private debt, those kind of investments were higher illiquidity results in incrementally higher returns.”
The Abu Dhabi Investment Authority, one of the largest sovereign wealth funds, said in its 2016 report that has gradually increased its exposure in direct private equity and private credit transactions, mainly in Asian markets and especially in China and India. The authority’s private equity department focused on structured equities owing to “their defensive characteristics.”
The specs
- Engine: 3.9-litre twin-turbo V8
- Power: 640hp
- Torque: 760nm
- On sale: 2026
- Price: Not announced yet
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MATCH INFO
Uefa Champions League semi-final, first leg
Tottenham 0-1 Ajax, Tuesday
Second leg
Ajax v Tottenham, Wednesday, May 8, 11pm
Game is on BeIN Sports
'Shakuntala Devi'
Starring: Vidya Balan, Sanya Malhotra
Director: Anu Menon
Rating: Three out of five stars