The left-sided midfielder was handed his Real debut against Auxerre earlier this season, but is yet to sign a professional deal with the club.
Real Madrid are keen to open talks with the youngster about a deal following reports that Arsenal are tracking him.
“Some clubs are looking at Sarabia and Real knows this,” Sarabia’s agent Gines Carvajal confirmed.
“The kid wants to triumph in Real and I will have a meeting with the club’s directors at the end of the season.”
