Sergio Aguero could be sold at the end of the season, with Gabriel Jesus seemingly the new main man at City.
Chelsea boss Antonio Conte watched Dybala in action during Juve's 1-0 win over Inter earlier this month and is said to rate the frontman highly.
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They have to come to an agreement, but our intentions are there
And Real Madrid have also been mooted as suitors of Argentine Dybala, who has had a mixed time of it at Juve since arriving from Palermo in 2015.
A move away from Turin was supposedly on the forward's mind in January, with Juve manager Massimiliano Allegri also considering his options up front for next season.
But Dybala has spoken out to deny suggestions he wants to quit the club, instead confirming he will sign a contract with the Serie A champions soon.
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Manchester City, Chelsea and Real Madrid want to sign Paulo Dybala
Dybala says he is close to signing a new contract at Juventus
Dybala joined Juve in 2015
“We’ve very close to the renewal,” Dybala told Sky Sport Italia.
“There’s very little missing. My agent has to come to Italy to talk about the final things (with Giuseppe Marotta) and I think that soon there will be this meeting.
"They have to come to an agreement, but our intentions are there."