The Argentina international is expected to return from his knee injury ahead of schedule while defender Matija Nastasic has been ruled out for up to six weeks with an ankle knock
The 25-year-old is yet to feature in a single pre-season game under new manager Manuel Pellegrini after being diagnosed with muscle and ligament fatigue to his knee and his return to training will mark a welcome development in his battle to be fit for the start of the upcoming Premier League season.
The £38 million signing has been plagued by knee problems in recent months, suffering an injury during last season's opening fixture which saw him struggle throughout the campaign to hit the heights of his debut year.
But the Argentine is making good progress in his most recent recovery according to the club's medical staff.
Aguero's last appearance came in a 5-3 win over Chelsea at Yankee Stadium in New York at the end of May.
Elsewhere, defender Matija Nastasic (ankle) has been sidelined for an expected four to six weeks after being stretchered off in the Barclays Asia Trophy final win over Sunderland last month.