Kashima Antlers came back from two goals down to salvage a 3-3 draw with Suwon Samsung Bluewings of South Korea on Wednesday in the second leg of the semi-final, and progressing final with a 6-5 aggregate win.
On Tuesday, Persepolis had booked a place in the final match after a 1-1 draw against Al Sadd of Qatar, 2-1 on aggregate.
Kashima will host Persepolis on November 3 and will travel to Azadi Stadium in Tehran on November 10.