Club president Louis Nicollin already revealed earlier in June that he has received five offers for the Morocco international, including bids from Inter, AC Milan and Atletico Madrid.
Al Jazira recently joined the race for Belhanda's signature and two offers have now seemingly been accepted, with the midfielder set to make a decision on his future shortly.
"My decision is imminent, I have still got the time to think a bit but I will stand by the decision I will take," he told reporters. "I wanted to play in the Premier League, I have the opportunity, so let’s see."
Belhanda has a contract with Montpellier until June 2014 and the Ligue 1 side is ready to cash in on the playmaker this summer if a fee in the region of 12 million euros comes in.
The 23-year-old is a product of the club's youth academy and guided it to its first-ever French title in 2011-12.