Harry Styles, Niall Horan, Zayn Malik, Liam Payne and Louis Tomlinson are hoping to have yet more chart success with the album, which will include their most recent hit 'Best Song Ever'.
Midnight Memories will be the band's third studio album and its release will come ahead of their huge worldwide stadium tour next year.
Last week, the lads - who shot to fame following their 2010 stint on The X Factor - made their cinema debut with their movie One Direction: This Is Us.
So far this year, they have already played more than 100 shows around the world and, since bursting onto the music scene, have sold 32 million records.
Midnight Memories will be released on 25 November.
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