diff --git a/sdk/servicebus/Azure.Messaging.ServiceBus/CHANGELOG.md b/sdk/servicebus/Azure.Messaging.ServiceBus/CHANGELOG.md
index 630311e3244d..77b7f5ec9a2a 100644
--- a/sdk/servicebus/Azure.Messaging.ServiceBus/CHANGELOG.md
+++ b/sdk/servicebus/Azure.Messaging.ServiceBus/CHANGELOG.md
@@ -1,5 +1,16 @@
 # Release History
 
+## 7.3.0-beta.1 (Unreleased)
+
+### Features Added
+
+### Breaking Changes
+
+### Key Bugs Fixed
+
+### Fixed
+
+
 ## 7.2.0 (2021-06-22)
 
 ### Acknowledgments
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 101f55933ed7..d6ffb1e56da4 100644
--- a/sdk/servicebus/Azure.Messaging.ServiceBus/src/Azure.Messaging.ServiceBus.csproj
+++ b/sdk/servicebus/Azure.Messaging.ServiceBus/src/Azure.Messaging.ServiceBus.csproj
@@ -1,8 +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>7.2.0</Version>
-    <ApiCompatVersion>7.1.0</ApiCompatVersion>
+    <Version>7.3.0-beta.1</Version>
+    <!--The ApiCompatVersion is managed automatically and should not generally be modified manually.-->
+    <ApiCompatVersion>7.2.0</ApiCompatVersion>
     <PackageTags>Azure;Service Bus;ServiceBus;.NET;AMQP;$(PackageCommonTags)</PackageTags>
     <TargetFrameworks>$(RequiredTargetFrameworks)</TargetFrameworks>
     <NoWarn>