The Real Madrid midfielder has agreed to rejoin the Gunners on loan for another campaign after his successful stint last season.
The Spaniard claims he turned down offers from elsewhere, and the chance to stay and fight for his place at the Bernabeu, but opted to return to the Emirates.
“I spoke to the coach before the final, and told him that I wanted to stay at Arsenal and win titles," Ceballos told Arsenal's official website.
"I’d been really happy with what Mikel had built at the club since he came in. I had a great time at this club last season and there was never any doubt in my mind that I wanted to come back.
“I think everybody can see what Arteta is doing at the club. He’s only been here for eight months.
"There were three competitions we could fight for. We got knocked out of the Europa League, unfairly in my view, but then we won the FA Cup and the Community Shield, which were well-deserved titles.
“More than that, though, it’s about what he’s created here – there’s real positive energy in the dressing room, the players are happy and everyone is doing their bit.
"We’re bringing through young players, which I think is really important for this club, because it’s something that’s always been done here.
“Mikel is the right person to get this club back to where it deserves to be, which I believe is in the Champions League, competing against the best teams in Europe.”
Ceballos added that he feels important at Arsenal and this was partly why he decided to make a return.
“I’m very pleased to be back with Arsenal - I’m very happy to have come back to a club where I feel important,” he added.
“It’s true that I had other options, such as staying at Real Madrid and going back to the Spanish league, where there were teams interested in me."
Arteta is trying to build on last year’s success and is going about things the right way with several decent signings having been made so far this summer.