Manchester United boss Jose Mourinho is planning to strengthen his midfield in the summer.
And Goal claim he has begun monitoring both Oxlade-Chamberlain and Ozil.
The duo’s futures at Arsenal have becoming increasingly doubtful this season.
Manchester United are eyeing a double swoop for Arsenal's Alex Oxlade-Chamberlain and Mesut Ozil
Oxlade-Chamberlain is out of contract at the end of next season and is yet to be offered a new deal.
The England international has struggled for game time under Arsene Wenger over the last few years, and has scored just two Premier League goals in his last two seasons at the Emirates.
But Mourinho believes the midfielder’s versatility could be extremely useful at Old Trafford.
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Jose Mourinho is looking to add to his midfield in the summer
Meanwhile Ozil has 15 months left on his current contract with Arsenal.
But talks over a new deal had stalled between the club and the Germany international.
Ozil is reportedly demanding wages in excess of £250,000 a week before he extends his terms, however he insists he is happy in north London.
Mourinho knows Ozil having worked with him at Real Madrid, and the two could now be set for a reunion at Old Trafford.