The former Valencia boss admits his side will have to focus on defensive solidarity if they are to get anything from the visit to face Diego Simeone's "tremendous" outfit
Diego Simeone's high-flying Atletico side slipped to third in the Liga table after Real Madrid's 5-0 win over Real Betis.
Atletico's game in hand is at home to Sevilla and Emery has acknowledged the size of the challenge facing his team.
"We're going to have to play the perfect match," Emery said.
"We'll have to play with intensity and be at our very best to win.
"They are favourites – that is clear. The evolution of Atleti under Simeone is just tremendous.
"They have improved in every facet of their game, and have established themselves as the third big team.