The Gunners moved to the top of the table following their 2-1 home victory over Everton.
It completes an excellent period for Arsene Wenger’s side, starting with a crushing 3-0 win over rivals Manchester United and including a morale-boosting Champions League victory against Bayern Munich.
With last season’s champions Chelsea once again suffering defeat, their fifth already, Jenas believes the title race is wide open and that this is Arsenal’s best chance in years of coming out on top.
Speaking on BBC Five Live during their clash with Everton, Jenas admitted he genuinely believes they can do it despite a number of pundits and observers previously dismissing their chances.
"I fancy Arsenal to go a long way this year," Jenas said. "I honestly believe they could win it and it’s wide open. They’ve never had a better chance."
Proving the doubters wrong
Arsenal’s biggest critics this season have largely pointed to the club's refusal to buy an extra defensive midfielder in the summer and their preparation ahead of big games.
Popular pundit Gary Neville claimed earlier this campaign that the Gunners simply do not set themselves up properly when facing higher calibre opposition, an opinion backed by many.
However, the north Londoners’ recent wins over Manchester United and Bayern Munich have somewhat disproved that theory. Additionally, Arsenal have been nothing short of superb at the back.
Since the turn of the New Year, no Premier League team has conceded fewer goals than Arsenal while 2015 victories over Manchester City, United, Chelsea and Bayern prove they are tactically switched on. If only Neville could have riled Wenger into action earlier?