diff --git a/src/pool/pool_jemalloc.c b/src/pool/pool_jemalloc.c
index bed78ce26..b9d0d07c4 100644
--- a/src/pool/pool_jemalloc.c
+++ b/src/pool/pool_jemalloc.c
@@ -6,6 +6,7 @@
 */
 
 #include <assert.h>
+#include <errno.h>
 #include <stdio.h>
 #include <stdlib.h>
 #include <string.h>
@@ -430,19 +431,26 @@ static umf_result_t op_initialize(umf_memory_provider_handle_t provider,
 
     extent_hooks_t *pHooks = &arena_extent_hooks;
     size_t unsigned_size = sizeof(unsigned);
+    int n_arenas_set_from_params = 0;
     int err;
     const umf_jemalloc_pool_params_t *jemalloc_params = params;
 
     size_t n_arenas = 0;
     if (jemalloc_params) {
         n_arenas = jemalloc_params->n_arenas;
+        n_arenas_set_from_params = 1;
     }
 
     if (n_arenas == 0) {
         n_arenas = utils_get_num_cores() * 4;
+        if (n_arenas > MALLOCX_ARENA_MAX) {
+            n_arenas = MALLOCX_ARENA_MAX;
+        }
     }
+
     if (n_arenas > MALLOCX_ARENA_MAX) {
-        LOG_ERR("Number of arenas exceeds the limit.");
+        LOG_ERR("Number of arenas %zu exceeds the limit (%i).", n_arenas,
+                MALLOCX_ARENA_MAX);
         return UMF_RESULT_ERROR_INVALID_ARGUMENT;
     }
 
@@ -461,8 +469,21 @@ static umf_result_t op_initialize(umf_memory_provider_handle_t provider,
         err = je_mallctl("arenas.create", (void *)&arena_index, &unsigned_size,
                          NULL, 0);
         if (err) {
-            LOG_ERR("Could not create arena.");
-            goto err_cleanup;
+            // EAGAIN - means that a memory allocation failure occurred
+            // (2 * utils_get_num_cores()) is the required minimum number of arenas
+            if (n_arenas_set_from_params || err != EAGAIN ||
+                (i < (2 * utils_get_num_cores()))) {
+                LOG_ERR("Could not create a jemalloc arena (n_arenas = %zu, i "
+                        "= %zu, arena_index = %u, unsigned_size = %zu): %s",
+                        n_arenas, i, arena_index, unsigned_size, strerror(err));
+                goto err_cleanup;
+            }
+
+            LOG_WARN("Could not create the #%zu jemalloc arena (%s), setting "
+                     "n_arenas = %zu",
+                     i + 1, strerror(err), i);
+            n_arenas = i;
+            break;
         }
 
         pool->arena_index[num_created++] = arena_index;