Dowell has been making a name for himself on Merseyside with some superb performances for the club's development squad this season and has been tipped for a bright future by senior boss Roberto Martinez.
The 18-year-old, who has played once for the Toffees first team in a Europa League group stage match in December 2014, admitted this week that he is itching to get more senior action under his belt.
Dowell joined his boyhood club at the age of seven in 2005 and has seen a number of top-quality midfielders turn out for the club in his time as a fan and young player.
Although he highlighted current stalwart Leon Osman and former favourite Tim Cahill as players he looked up to, he admits it is former captain Arteta for whom he has the most admiration.
Dowell told the Echo: "Ossie [Osman] has always been there, and always been a big favourite. He's a local lad, from not far away from me, so he's one I look up to.
"I loved Cahill and especially Arteta. Arteta was class, I would make sure I always wore the same shirt number as him. I started out as number 6 then went to number 10. You try and model yourself on those players."
Arteta joined Everton in the same year as Dowell and immediately went on to star for the club, becoming captain and helping them reach the FA Cup final in 2009.
In total, the Spaniard played over 200 games in all competitions before leaving for Arsenal as a 29-year-old in 2011.