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The final was contested in two-legged home-and-away format between South Korean team Jeonbuk Hyundai Motors and United Arab Emirates team Al-Ain. The first leg was hosted by Jeonbuk Hyundai Motors at the Jeonju World Cup Stadium in Jeonju on 19 November 2016, while the second leg was hosted by Al-Ain at the Hazza Bin Zayed Stadium in Al Ain on 26 November 2016. Jeonbuk Hyundai Motors won the final 3–2 on aggregate and clinched their second title.
The final was played on a home-and-away two-legged basis, with the order of legs decided by draw. The away goals rule, extra time (away goals do not apply in extra time) and penalty shoot-out were used to decide the winner if necessary.