The French star makes the cut after suffering a knee problem during the opener against the Germans, while Carvajal replaces Danilo in an expected switch from the home side.
Real Madrid's hopes of reversing a 2-0 Champions League deficit against Wolfsburg have received a boost with the return of Karim Benzema to the starting XI.
The France international was taken off in the first half of Wednesday's defeat in Germany with a heavy knock to his left knee.
Benzema subsequently sat out Madrid's weekend victory over Eibar, but Zinedine Zidane is happy with his recovery and will start the striker alongside Cristiano Ronaldo and Gareth Bale up front.