The Argentine international has scored 12 goals and registered three assists from 17 appearances in the league this season. According to Rai Sport via Spanish publication Sport, the player is not enjoying the "greatest spell" with the Old Lady.
Dybala is looking for a move away from the Turin club and his brother Gustavo Dybala, who is also his agent, has approached the Champions League winners and the 20-time champions of England.
The 24-year-old is open to the idea of leaving Juventus and making a switch to one of the top European clubs. It is still not clear whether Paulo has set his sights on leaving his current employers in January or after the end of the season.
He moved to the Allianz Stadium from Palermo in 2015 and has won the league twice. Paulo also has two more Coppa Italia medals, and has won the Supercoppa Italiana once in his debut season.
The Juventus forward is aware that he is attracting interest from top clubs across Europe. Real Madrid president Florentino Perez has closely followed Paulo's evolution as a player and could make an approach for his services.
Paulo is currently earning €7m a year (£6.2m, $8.3m) and is looking for a pay rise of around €10m a year (£8.8m, 11.8m). The report claims that it will be difficult for the ex-Palermo star to demand high wages, especially after he has been dropped to the bench by Massimiliano Allegri after a series of poor performances.
He has scored only two goals and has three assists to his name in all competitions since October. His dip in form saw him being benched in Juventus' 3-0 win over Bologna. The Serie A winners' manager even questioned Paulo's fitness level, and also urged him to be in the right frame of mind.
"Dybala came on today and did well, but there are moments when a player just isn't at his best and luck isn't on his side," Allegri told Mediaset Premium, as quoted by Goal.com.
"I have important players, it's motivating to have competition for places. Of course, every player is annoyed when he's on the bench, the important thing is to react. Football is a team sport, you have to take away the 'I' and rely only on the 'we'.
"Paulo's talent is beyond doubt, but he also needs to be in good physical and psychological shape."
Earlier in November, Paulo hinted that the ongoing campaign could be his last season at Juventus. The forward also went on to reveal that he misses his friend Paul Pogba, who is at United.
"I don't know if I will be at Juventus for life and I can't even sat that this will not be my last year in Turin," Dybala told France Football.
"I must admit I miss Dani Alves and Pogba. Alves had an amazing vision and is really self-confident, he is one of the best players I have ever seen. Pogba is a friend of mine, we were on very good terms on and off the pitch."