diff --git a/sdk/servicebus/Azure.Messaging.ServiceBus/CHANGELOG.md b/sdk/servicebus/Azure.Messaging.ServiceBus/CHANGELOG.md
index 5e72f33f2822..03e2f9222a2d 100644
--- a/sdk/servicebus/Azure.Messaging.ServiceBus/CHANGELOG.md
+++ b/sdk/servicebus/Azure.Messaging.ServiceBus/CHANGELOG.md
@@ -1,5 +1,15 @@
 # Release History
 
+## 7.17.0-beta.1 (Unreleased)
+
+### Features Added
+
+### Breaking Changes
+
+### Bugs Fixed
+
+### Other Changes
+
 ## 7.16.1 (2023-08-15)
 
 ### Bugs Fixed
diff --git a/sdk/servicebus/Azure.Messaging.ServiceBus/src/Azure.Messaging.ServiceBus.csproj b/sdk/servicebus/Azure.Messaging.ServiceBus/src/Azure.Messaging.ServiceBus.csproj
index 77692a7051a5..1db31a4d6d92 100644
--- a/sdk/servicebus/Azure.Messaging.ServiceBus/src/Azure.Messaging.ServiceBus.csproj
+++ b/sdk/servicebus/Azure.Messaging.ServiceBus/src/Azure.Messaging.ServiceBus.csproj
@@ -1,9 +1,9 @@
 <Project Sdk="Microsoft.NET.Sdk">
   <PropertyGroup>
     <Description>Azure Service Bus is a fully managed enterprise integration message broker. Service Bus can decouple applications and services. Service Bus offers a reliable and secure platform for asynchronous transfer of data and state. This client library allows for both sending and receiving messages using Azure Service Bus. For more information about Service Bus, see https://docs.microsoft.com/en-us/azure/service-bus-messaging/service-bus-messaging-overview</Description>
-    <Version>7.16.1</Version>
+    <Version>7.17.0-beta.1</Version>
     <!--The ApiCompatVersion is managed automatically and should not generally be modified manually.-->
-    <ApiCompatVersion>7.16.0</ApiCompatVersion>
+    <ApiCompatVersion>7.16.1</ApiCompatVersion>
     <PackageTags>Azure;Service Bus;ServiceBus;.NET;AMQP;$(PackageCommonTags)</PackageTags>
     <TargetFrameworks>$(RequiredTargetFrameworks)</TargetFrameworks>
     <EnableBannedApiAnalyzers>false</EnableBannedApiAnalyzers>