diff --git a/CHANGELOG.md b/CHANGELOG.md
index 08ebfbdf6b2d..3b08e8d21e8f 100644
--- a/CHANGELOG.md
+++ b/CHANGELOG.md
@@ -1,6 +1,30 @@
 # CHANGELOG
 Inspired from [Keep a Changelog](https://keepachangelog.com/en/1.0.0/)
 
+## [Unreleased](https://github.com/opensearch-project/OpenSearch-Dashboards/compare/1.3.17...1.3)
+
+### 💥 Breaking Changes
+
+### Deprecations
+
+### 🛡   Security
+
+### 📈 Features/Enhancements
+
+### 🐛 Bug Fixes
+
+### 🚞 Infrastructure
+
+### 📝 Documentation
+
+### 🛠   Maintenance
+
+- [Version] Increment version to 1.3.18 ([#7191](https://github.com/opensearch-project/OpenSearch-Dashboards/pull/7191))
+
+### 🪛  Refactoring
+
+### 🔩 Tests
+
 ## [1.3.17 - 2024-06-06](https://github.com/opensearch-project/OpenSearch-Dashboards/releases/tag/1.3.17)
 
 ### 💥 Breaking Changes
diff --git a/package.json b/package.json
index 384575d94d82..3c8bfc6e1354 100644
--- a/package.json
+++ b/package.json
@@ -11,7 +11,7 @@
     "dashboarding"
   ],
   "private": true,
-  "version": "1.3.17",
+  "version": "1.3.18",
   "branch": "1.3",
   "types": "./opensearch_dashboards.d.ts",
   "tsdocMetadata": "./build/tsdoc-metadata.json",