The Spaniard has long been linked with a move back to his homeland, with the current Primera Division champions reportedly keen on his signature.
Cazorla has missed just a single game for the Gunners this season, netting seven goals along the way, and says he feels valued at Arsenal, although admitting that anything can happen in football.
“I’ve heard [about Atletico’s interest], like everybody,” the midfielder told Spanish publication El Mundo.
“But at the moment there is nothing concrete, only rumours. I don’t worry about that.
“I’m focused on Arsenal, where I am very happy. I have another year on my contract and the option for one more.
“As long as I feel valued, I will continue here… although you never know what the future will bring in football.”