Arturo Vidal gave Juventus the lead from the penalty spot in a first half largely controlled by the home side.
Soon after the break a Martin Caceres error let Madrid back into the game though.
His misplaced pass allowed Cristiano Ronaldo to level on the night, with Gareth Bale giving Los Blancos the lead not long after.
Raphael Varane, who had given away the earlier spot kick, then switched off to allowe Fernando Llorente to head in an equaliser for the Old Lady.
Here are the Real Madrid player ratings and analysis.
|Real Madrid player ratings vs. Juventus|
|Player||Half Time||Full Time|
|Substitutes||Half Time||Full Time|
|Angel di Maria||N/A||5|
Iker Casillas: Dealt with a couple of shaky back passes well and made one super save from Fernando Llorente.
Sergio Ramos: Playing at right-back, it felt like Juventus targeted him as he made a couple of sloppy mistakes.
Pepe: Defended deep, but defended OK.
Raphael Varane: Showed great athleticism to bail out a suicide pass from Sami Khedira early on, but was naive to give away the penalty.
Marcelo: Typical Marcelo performance: quite lively going forward, just average defensively.
Sami Khedira: Sloppy in possession and offered little to Madrid's counter attacks. Good positionally though.
Xabi Alonso: Still finding his feet following a lengthy lay off; his presence is key for this Madrid side though.
Luka Modric: Started well, leading some impressive Madrid possession, but dipped as Juventus took control after 20 minutes.
Gareth Bale: One decent strike on goal following some great persistence, one other which was comfortably wide.
Karim Benzema: Quiet, denied the ball and got in Ronaldo's way when Madrid had a great chance to equalise just before the break.
Cristiano Ronaldo: Frustrated and unable to find his best form in the opening half, although he'll get a chance in the second period.
Iker Casillas: A few routine saves to build on his first half showing and some impressive reflexes. Nothing he could do about the goal.
Sergio Ramos: Much better second half performance, but, and this isn't his fault, he needs to playing in the middle of defence.
Pepe: The experience of Pepe was needed alongside Varane, with his young colleague having a night to forget.
Raphael Varane: After giving away the penalty he then switched off for Llorente's equaliser. A disappointing night for the Frenchman.
Marcelo: Some great passing in the second half, one with the outside of his boot to Bale was particularly memorable.
Sami Khedira: His performance was lacking in quality on the ball at key moments, but not disastrous.
Xabi Alonso: Over 70 minutes under his belt and a solid, if not spectacular, performance from the Basque midfielder. Hit the bar with a great strike.
Luka Modric: Impressive in the second half, orchestrating Madrid's play and driving forward with the ball.
Gareth Bale: Not explosive and clearly still not quite at full match fitness, but he took his goal exceptionally well.
Karim Benzema: Worked hard and produced the perfectly weighted pass for Ronaldo's goal.
Cristiano Ronaldo: Far from vintage Ronaldo, but he's in such a rich vein of form he's always likely to cause problems. Got on the score sheet and set up Bale's goal.