The Dagestan and Gepard-3 patrol ships will be launched at the Zelenodolsk plant in Tatarstan, Russian media report.
Gepard-class frigates are designed to patrol at sea and fight enemy ships, submarines and aircraft.
With its Gepard Project 1166.1, Russia entered the export market for ships with 1,500-2,000 tonnes displacement.
Intended for export, the design is the successor to the smaller Koni, Parchim and Grisha corvettes.
Design work on the Gepard-class frigates was done in 1983-1988. Construction began in 1988.