The Soweto-born midfielder has been strongly linked to Kaizer Chiefs, though he would not be drawn on the name of his new club.
"The name of my new club will be revealed soon and I will be playing in the PSL next season," Jayiya told KickOff.com.
"I want to thank Cape Town City for the opportunity they gave me to be part of history. I enjoyed myself in Cape Town and I wish the club all the best next season and for the future."
Jayiya scored the quickest hat-trick in PSL history when he netted a treble inside 16 minutes in a 4-1 victory over Chippa United in April.