The first leg will be played on 18 October and the second leg is scheduled a week later.
Al Jazira continued their poor run in the competition, as they appeared in three finals and lost them all.
Real Madrid tried to score the first goal to have the upper hand in the game but Al Jazira’s goalkeeper, Ali Khasif, saved all their chances.
Al Jazira will play against Real Madrid on December 13 at Zayed Sports City Stadium in Abu Dhabi.
Al Jazira will participate in the competition for the first time as the winner of the 2017 UAE Pro League.
Al Jazira’s first team won the Basketball Championship of the Cairo Area League, after beating Al Ahly 59-69 in the final.