Reports had claimed Wembley Stadium was being considered as a possible alternative venue amid the political conflict, but the governing body has since insisted the game will go ahead in Russia as planned.
The final is set to take place in St Petersburg on May 28, with Premier League club Chelsea hoping to defend their title they beat Man City to win last season.
UEFA have said they will continue to closely monitoring the situation between Russia and Ukraine, amidst suspicions of an imminent Russian invasion of their neighbouring country with the final fast approaching.
The statement released on Tuesday read: "UEFA is constantly and closely monitoring the situation. At present, there are no plans to change the venue."
Reports has claimed that, should Russian president Vladimir Putin launch an invasion on Ukraine, Europe's governing body would have no choice but to abandon plans to host the final at the Krestovsky Stadium - known as the Gazprom Arena for sponsorship reason, with the Russian gas company also big sponsors of Europe's elite competition.
UK health secretary Sajid Javid stated on Tuesday morning that Russia had 'sent in tanks and troops' in to Ukraine and believes 'the invasion of Ukraine has begun'.
As it stands, however, UEFA have confirmed that they are yet to make plans to change venues.
Whilst UEFA are yet to alter their current arrangements for the tournament's finale, security concerns for travelling fans are already mounting.
A last ditch switch would mean this is the second year in a row that the destination for the final has had to be changed at short notice, with the 2021 l final being swapped from Istanbul to Porto after the Turkish city was put on the COVID-19 red list.
Should the footballing body change their stance, Wembley Stadium is said to be one of the venues considered to be in the running to host the prestigious event, which would mark the first time in nine years the Champions League final would be held at the Home of Football.
It has already been agreed that the 2024 Champions League Final will be played at England's national stadium.