When asked about reports that she will star opposite him in "Tera Intezaar", the "Mastizaade" actress told PTI, "Yes the rumours are true. I am very excited to work with Arbaaz. I don't know where life is going to take me and the way things will happen. I believe things happen for a reason."
The movie will mark the directorial debut of Rajeev Walia.
The year has been quite busy for the 35-year-old actress so far with two film releases - "Mastizaade" and "One Night Stand".
She also did a special song in superstar Shah Rukh Khan's "Raees".
Now with a film with Arbaaz in her kitty, Leone says she can't thank her stars enough.
"I feel very fortunate. I always feel very thankful and very blessed for everything that has happened with me here in Bollywood. This is no exception. I am so beyond excited," she said.
The actress will be seen as a host on MTV "Splitsvilla" seasone nine.