Zinedine Zidane's side narrowly beat UAE champions Al Jazira in their previous outing, with Cristiano Ronaldo and Gareth Bale scoring in the second half to send Real to the final.
Gremio beat Pachuca after extra time to seal their spot in the showdown with the Spanish giants, but who will be crowned Club World Cup winners come Sunday evening?
|Game||Real Madrid vs Gremio|
|Date||Saturday, December 16|
|Time||17:00 GMT / 12:00 ET|
TV CHANNEL & LIVE STREAM
In the UK, the game will be available to stream live on the Goal Facebook page. It will not appear on TV, so this is the only way to watch the game.
|UK TV channel||Online stream|
|Goal Facebook||Goal Facebook|
In the US, the game will be broadcast live on television on Telemundo Deportes, and available to stream live online on FuboTV.
|US TV channel||Online stream|
SQUADS & TEAM NEWS
|Position||Real Madrid players|
|Goalkeepers||Navas, Casilla, Moha|
|Defenders||Carvajal, Vallejo, Ramos, Varane, Nacho, Marcelo, Theo, Achraf|
|Midfielders||Kroos, Modric, Casemiro, M. Llorente, Asensio, Isco, Kovacic, Ceballos|
|Forwards||Ronaldo, Benzema, Bale, Lucas Vazquez, Mayoral|
Zidane has so far used a star-studded team in the competition and is likely to do so again in his chase for silverware.
Ronaldo - who to become the tournament's all-time top scorer with six goals following his strike against Al Jazira - will almost certainly start the game, with Bale joining him in the XI after his contribution as a substitute.
Potential starting XI: Navas; Carvajal, Ramos, Varane, Marcelo; Vazquez, Kroos, Modric, Asensio; Bale, Ronaldo
|Goalkeepers||Grohe, Grassi, Victor|
|Defenders||Edilson, Geromel, Kannemann, Gomes, Cortez, Rodrigo, Thyere, Bressan, Oliveira, Moura|
|Midfielders||Michel, Maicon, Ramiro, Jailson, Kaio|
|Forwards||Luan, Jael, Barrios, Fernandinho, Everton|
The Brazilians are likely to stick with the team which progressed into the final, with Barrios set to lead the attack.
Everton, who scored the winning goal last time out having come on as a 75th minute substitute, will be pushing for a spot in the starting XI.
Potential starting XI: Grohe; Edilson, Geromel, Kannemann, Bruno Cortez; Jailson, Michel, Ramiro, Fernandinho, Luan; Barrios
BETTING & MATCH ODDS
Real Madrid are overwhelming favourites to lift the trophy at 1/7 with dabblebet, with Gremio priced at 17/2 to be crowned winners. A draw is considered a 17/4 bet.
It took Gremio 95 minutes to break the deadlock in their semi-final meeting with Pachucha, with winger Everton proving the match-winner.
The Brazilian outfit face a considerably more difficult task this weekend in Real, and Zidane will be confident in steering his side to the trophy.
While the competition is far from the Spaniards' top priority, it'll serve as a welcome break from life in La Liga where they find themselves seven points behind Barcelona after just 15 games.
This will be the first time Real and Gremio have ever faced each other in a competitive match and there could hardly be more at stake for both sides.