The 26-year-old would relish the opportunity to play against his old team mates Sergio Ramos, Karim Benzema and Cristiano Ronaldo.
Özil joined Arsenal from Real Madrid for £44 million back in September 2013.
“I’d like to play against Real Madrid, against my old friends. And then I’d get to see Sergio Ramos, Karim Benzema and Cristiano Ronaldo.” Özil told SportReview.
The Gunners, who lost the 2006 final to Barcelona, have never won the Champions League.
Arsenal have been knocked out in the Round of 16 for the last five seasons. The North London based side were eliminated by Monaco last season after losing by a 3-1 scoreline at home.
Özil provided nine assists and five goals in 32 appearances for Arsenal in all competitions this season.