The Dutch international has made 32 league appearances - netting five times - since joining the Madridistas last summer.
However, following the expensive acquisitions of Kaka, Cristiano Ronaldo, Karim Benzema and Xabi Alonso, Real have been open to offers for Dutch sextuplet Van der Vaart, Wesley Sneijder, Arjen Robben, Roysten Drenthe. Ruud van Nistelrooy and Klaas-Jan Huntleaar.
Huntelaar departed for AC Milan earlier this summer, while Sneijder and Robben eventually joined Inter Milan and Bayern Munich respectively.
A move also appeared inevitable for 26-year-old Van der Vaart, after he was not handed a squad number ahead of the new season.
As a result, Hamburg, Ajax, Inter Milan, Besiktas, Chelsea, Tottenham Hotspur, Aston Villa, Liverpool and Arsenal were all linked with the midfielder, who has been capped 69 times by his country.
However, he will now not be joining any of them, with Sneijder and Robben's swift exits last week sparing the midfielder the chop.
"The club has assured me that they believe in my quality," he said in De Telegraaf.
"Real Madrid has never said it was a quality problem, but rather the new players. They appreciated my desire to play and they told me they need me.
"I can play an important role in this team."
‘He instantly popped into our ratings as one of the best U21 midfielders in Europe. The impressive thing is Slot has made him into more of a no.6' Inside Ryan Gravenberch's transformation at Liverpool
‘I don’t think Liverpool would look at Ollie Watkins, a striker isn’t a pressing issue for them – it’s Arsenal who need one’ Former Reds star explains why his old club don’t need an out-and-out forward this summer
