On 9 May 2017, Alves scored once and assisted a goal for Mario Mandžukić as Juventus defeated Monaco 2–1 to qualify for the 2017 Champions League final. Six days earlier, Alves had assisted both goals for Gonzalo Higuaín in the first leg of the tie at the Stade Louis II. On 17 May, Alves scored the opening goal of a 2–0 win over Lazio in the 2017 Coppa Italia Final. On 3 June, Alves appeared in his third UEFA Champions League final as Juventus were defeated 4–1 by Real Madrid at the Millennium Stadium in Cardiff.