The 29-year old defender has been linked with a move to Fenerbahce in this summer window.
He had injury problems at Arsenal but performed well in the pre-season and will fight for his place in this term.
The Portuguese right-back has Hector Bellerin ahead of him in the pecking order.
But if Bellerin leaves this summer, Soares would naturally become the first-choice right back.
Goal journalist Charles Watts claims Soares is happy at Arsenal and is not looking for a move elsewhere.
Watts said: “Fenerbahce continue to be linked with Cedric Soares. Now obviously, his move to Arsenal hasn’t quite gone to plan, I know he has been very impressive this summer since he’s come back and he’s been really, really fit, he’s been working really, really hard. And he feels like he’s got an opportunity here.
“From my understanding, Cedric Soares is very, very happy at Arsenal. He’s determined to make a go of it, he’s been working really hard in the summer to try and impress Mikel Arteta and force his way into his plans. Yes, there is interest from Turkey from Fenerbahce, but Cedric’s preference is absolutely to stay at Arsenal.”
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