The 23-year-old came close to joining the Gunners in the January transfer window but the two clubs failed to agree on a deal due to Nice’s high asking price.
Nice wanted £13million for the highly-rated striker.
Remy said: “My preference would be Arsenal over Lyon.
“I won’t hide it. They are a young team with a developing game and with ambitions.
“I really take pleasure in watching them play. It is an ideal place to continue to progress.
“You never know in football what will happen. But Arsenal are a club that make me feel desire.”