Gabi is set to pen new terms with Atletico Madrid this week.
The midfielder, reports AS, has agreed to a new contract with the Madrid giants.
Gabi will extend his deal from 2018 to 2019.
The 34 year-old, as per club policy, has accepted Atletico's new one-year contract offer as is their approach to any player over 32 years of age.
Defender Juanfran has also been offered a new deal, though is still to accept.