The Bosnia international, who arrived at the Etihad Stadium in a £27 million move in January 2011, has scored 19 goals in 40 appearances this season, including a crucial header against QPR on Sunday.
Despite a positive to start to the season, Dzeko's form dipped somewhat after January, resulting in his first-team opportunities being limited and speculation regarding his future.
However, his representative Irfan Redzepagic has rubbished such conjecture, telling Bosnian website SportSport: "Everything that is being said about Edin's transfer away from Manchestery City is purely speculation.
|STAYING FOR SUCCESS?|
|5/4||Manchester City are 5/4 with Bet365 to win the 2012-13 Premier League|
"But let's be serious, Edin is more than happy at City and there is no way that he would go somewhere else.
"Let's stop talking about transfers right away."
The centre forward has been most notably linked with a move back to Germany, where he previously enjoyed a successful spell at Wolfsburg, scoring 66 goals in a 111 appearances between 2007 and 2011.
Due to Bosnia and Herzegovina's failure to qualify for Euro 2012, Dzeko can look forward to a full summer's rest before the start of next season.