The Portuguese made the switch to the Saudi Pro League in July, becoming the club's record signing at the time after moving from Scottish giants Celtic.
Jota helped the Hoops to easily take the Scottish Premiership title off arch rivals Rangers, scoring 11 goals and providing 11 assists in 33 league appearances.
The winger is yet to receive his maiden call-up for the Portugal senior side, however he has featured for his nation at both Under-20 and Under-21 level.
According to 90min, Tottenham are among a list of clubs who have been handed the opportunity to sign Jota before the window shuts on September 1.
The report claims that the former Benfica man has already been made available for a departure by Al Ittihad after just two months at the club.
Jota has featured seven times for the Saudi giants since making the move from Celtic Park earlier in the summer, however he is yet to start a Pro League match for the club.
The likes of Romarinho and Igor Coronado are currently being preferred to the Portuguese on the flanks, handed the responsibility of providing Real Madrid legend Karim Benzema with adequate service.
Former Wolverhampton Wanderers and Tottenham boss Nuno Espirito Santo is currently in charge at Al Ittihad, and the 49-year-old is reportedly prepared to offload Jota.
Ange Postecoglou worked with Jota at Celtic last season to great effect, however the Lilywhites are already targeting other offensive options in the latter stages of the window.
It is understood that the Lilywhites are leading the race to sign Nottingham Forest attacker Brennan Johnson, with the Welshman informing friends that he would like a switch to North London.
Spurs' London rivals Chelsea and West Ham United are also supposedly keen on the former Lincoln City man, however Johnson currently favours a move to Postecoglou's men.
Supporters at the Tottenham Hotspur Stadium were treated to a promising display against Manchester United last weekend, when Spurs eased to a 2-0 victory over Erik ten Hag's Red Devils.
Postecoglou's charges will be looking to make it back-to-back victories in the Premier League when they face Bournemouth at the Vitality Stadium on Saturday afternoon.