No, he won't. They don't need him, and they proved it.
Madrid are probably going to bring in Salah, or maybe someone younger like Nkunku, and blend youth with experience.
With Rudiger, Tchouameni and Salah/Nkunku, they're going to be even more menacing next season. Let's not forget the likes of Camavinga, Rodrygo and Vinicius will have more experience under their belts as well.