diff --git a/eng/Versions.props b/eng/Versions.props
index bce7ad3063..390fa97b32 100644
--- a/eng/Versions.props
+++ b/eng/Versions.props
@@ -2,7 +2,7 @@
 <Project>
   <PropertyGroup>
     <!-- This repo version -->
-    <VersionPrefix>17.1.0</VersionPrefix>
+    <VersionPrefix>17.2.0</VersionPrefix>
     <PreReleaseVersionLabel>preview</PreReleaseVersionLabel>
     <!-- Opt-out repo features -->
     <UsingToolXliff>false</UsingToolXliff>
diff --git a/scripts/build/TestPlatform.Settings.targets b/scripts/build/TestPlatform.Settings.targets
index b48174052f..3e2e4a5176 100644
--- a/scripts/build/TestPlatform.Settings.targets
+++ b/scripts/build/TestPlatform.Settings.targets
@@ -5,7 +5,7 @@
     <!-- This version is read by vsts-prebuild.ps1 and is a base for the current version, this should be updated
     at the start of new iteration to the goal number. This is also used to version the local packages. This version needs to be statically
     readable when we read the file as xml, don't move it to a .props file, unless you change the build server process -->
-    <TPVersionPrefix>17.1.0</TPVersionPrefix>
+    <TPVersionPrefix>17.2.0</TPVersionPrefix>
   </PropertyGroup>
   <PropertyGroup>
     <!-- Versioning is defined from the build script. Use a default dev build if it's not defined.