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The Gunners will be looking to repeat recent history as they saw off Manchester City in the semi-finals three years ago before beating the west-Londoners in the final to claim their 13th, and most recent, FA Cup.
Silverware in his very first season in the hot seat would be an impressive statement from novice manager Mikel Arteta - but his opposite number, Frank Lampard, will also be eyeing the chance to secure his first trophy as Chelsea manager.
The Blues saw off Manchester United in a convincing 3-1 semi-final win to book their place in the tournament showpiece and, with a talented, young squad at his disposal, Lampard has every opportunity to conquer the competition at the first time of asking in his debut season.
Will Arsenal repeat their 2017 magic - or can Chelsea claim their ninth FA Cup win?
When is Arsenal v Chelsea?
Our coverage gets underway at 4.15pm (5.30pm kick off) on Saturday 1 August, live on BT Sport 1 HD and BT Sport Ultimate on TV.
How to watch Arsenal v Chelsea on your mobile or tablet
Watch on the go with the BT Sport app with a link to the live stream available at the top of the homepage when our coverage gets underway.
With the enhanced video player featuring an interactive timeline, multi-camera functionality, 360° live streaming and highlights, the app truly offers the most-immersive viewing experience available.
How to live stream Arsenal v Chelsea on your laptop
Arsenal v Man City is available to live stream here!
Follow the link above or access the live stream via the bt.com/sport home page when our broadcast begins.
With access to in-game stats, real-time table changes and more, our matchday page will enhance your viewing ever further.
How to watch Arsenal v Chelsea on TV
*BT Sport customers can download the BT Sport app on PS4, Xbox, NOWTV, Apple TV and Samsung Smart TVs (2015 models onwards). To watch the action, follow the link at the top of the homepage.
The Swiss midfielder looked a certainty to depart from the Emirates after an explosive fall-out with the fans but Xhaka has turned the tide around and has his sights on FA Cup glory.
Watch in stunning quality on BT Sport Ultimate or create you own viewing experience with the enhanced player as we provide the most in-depth coverage.
What if I can't watch live?
No problem. A highlights package of the clash will be made available to all shortly after the game on both the BT Sport app and bt.com/sport. We'll also publish in-game clips throughout the 90 minutes.
There will also be several opportunities to watch the match in full on TV and online after the event. For more information on the latest listings, check out our TV Guide.
What other live football does BT Sport show?
For full details of BT Sport's upcoming live football schedule, check out our What's on BT Sport page.