The 31-year-old looks set to remain in Germany with Hamburg after the Bundesliga club's chairman claimed that he is "counting" on the playmaker.
"I'm glad we have him, Rafa is an exceptional player. I'm counting on Rafa. He's making a good impression," Dietmar Beiersdorfer told German newspaper Bild.
Hamburg struggled last season and only narrowly avoided relegation, with Van der Vaart one of many players who endured a disappointing campaign.
Though Beiersdorfer believed that the new club-captain is in perfect shape and is ready to lead Hamburg to better things this season.
"Rafa is fully motivated for the season. He is proud to be captain again. He has worked a lot on himself, he's 100 per cent fit in mind and body. In this form, he can not be replaced. It would be very hard for us to do without him."
The midfielder scored 28 goals in 78 appearances for Spurs during his three years in north London but a return to England with QPR would no longer appear to be on the cards.
Jordon Mutch has already been brought in to add some creativity to the R's midfield but the chance to sign Van der Vaart would have had many fans excited.
Do Queens Park Rangers need to further strengthen before the end of the window?