The former Gunners ace is in no doubt that the 20-year-old German midfielder would flourish in north London under the tutelage of Arsene Wenger.
The Gunners have sent a team of officials to Germany in hopes of negotiating a deal for the 20-year-old attacking midfielder before the close of the January transfer window Friday.
Former Arsenal ace Pires hopes Arsene Wenger gets his man as he feels Draxler would be a fine addition to the Premier League leaders' lineup.
"Julian is a good player," the Frenchman told SPOX.com. "He's young and has a lot of potential for development. When I watch him play, I always think that he fits perfectly with Arsenal's style of football.
"I can see him playing well on the left-hand side or in attack. He could really strengthen the team."
Meanwhile, Pires admitted he was touched by Wenger's recent statement that he sees similarities between the World Cup winner and current Arsenal star Mesut Ozil.
"It's a huge honor that I'm mentioned in the same breath as Mesut," the now-retired 40-year-old said. "He plays for the German national team, he played for Real Madrid. As a playmaker, he's one of the best in the world."
Pires spent six years at Arsenal during his playing days, during which time he won two Premier League titles and three FA Cups.