diff --git a/examples/pom.xml b/examples/pom.xml
index 82a753c03..054bf6de4 100644
--- a/examples/pom.xml
+++ b/examples/pom.xml
@@ -7,13 +7,13 @@
   <parent>
     <groupId>io.dapr</groupId>
     <artifactId>dapr-sdk-parent</artifactId>
-    <version>0.5.0-rc-1</version>
+    <version>0.5.0</version>
   </parent>
 
   <groupId>io.dapr</groupId>
   <artifactId>dapr-sdk-examples</artifactId>
   <packaging>jar</packaging>
-  <version>0.5.0-rc-1</version>
+  <version>0.5.0</version>
   <name>dapr-sdk-examples</name>
 
   <properties>
diff --git a/pom.xml b/pom.xml
index 706588189..b52405c7e 100644
--- a/pom.xml
+++ b/pom.xml
@@ -7,7 +7,7 @@
   <groupId>io.dapr</groupId>
   <artifactId>dapr-sdk-parent</artifactId>
   <packaging>pom</packaging>
-  <version>0.5.0-rc-1</version>
+  <version>0.5.0</version>
   <name>dapr-sdk-parent</name>
   <description>SDK for Dapr.</description>
   <url>https://dapr.io</url>
diff --git a/sdk-actors/pom.xml b/sdk-actors/pom.xml
index 50969cbc7..39932fb77 100644
--- a/sdk-actors/pom.xml
+++ b/sdk-actors/pom.xml
@@ -7,12 +7,12 @@
   <parent>
     <groupId>io.dapr</groupId>
     <artifactId>dapr-sdk-parent</artifactId>
-    <version>0.5.0-rc-1</version>
+    <version>0.5.0</version>
   </parent>
 
   <artifactId>dapr-sdk-actors</artifactId>
   <packaging>jar</packaging>
-  <version>0.5.0-rc-1</version>
+  <version>0.5.0</version>
   <name>dapr-sdk-actors</name>
   <description>SDK for Actors on Dapr</description>
 
diff --git a/sdk-autogen/pom.xml b/sdk-autogen/pom.xml
index 46f99bd1c..f3d7f3838 100644
--- a/sdk-autogen/pom.xml
+++ b/sdk-autogen/pom.xml
@@ -7,12 +7,12 @@
   <parent>
     <groupId>io.dapr</groupId>
     <artifactId>dapr-sdk-parent</artifactId>
-    <version>0.5.0-rc-1</version>
+    <version>0.5.0</version>
   </parent>
 
   <artifactId>dapr-sdk-autogen</artifactId>
   <packaging>jar</packaging>
-  <version>0.5.0-rc-1</version>
+  <version>0.5.0</version>
   <name>dapr-sdk-autogen</name>
   <description>Auto-generated SDK for Dapr</description>
 
diff --git a/sdk-springboot/pom.xml b/sdk-springboot/pom.xml
index 65c3a39d9..323ea61af 100644
--- a/sdk-springboot/pom.xml
+++ b/sdk-springboot/pom.xml
@@ -7,12 +7,12 @@
   <parent>
     <groupId>io.dapr</groupId>
     <artifactId>dapr-sdk-parent</artifactId>
-    <version>0.5.0-rc-1</version>
+    <version>0.5.0</version>
   </parent>
 
   <artifactId>dapr-sdk-springboot</artifactId>
   <packaging>jar</packaging>
-  <version>0.5.0-rc-1</version>
+  <version>0.5.0</version>
   <name>dapr-sdk-springboot</name>
   <description>SDK extension for Springboot</description>
 
diff --git a/sdk-tests/pom.xml b/sdk-tests/pom.xml
index 13c1c6f11..d6e0a5e98 100644
--- a/sdk-tests/pom.xml
+++ b/sdk-tests/pom.xml
@@ -25,7 +25,7 @@
     <maven.compiler.source>11</maven.compiler.source>
     <maven.compiler.target>11</maven.compiler.target>
     <maven.deploy.skip>true</maven.deploy.skip>
-    <dapr.sdk.version>0.5.0-rc-1</dapr.sdk.version>
+    <dapr.sdk.version>0.5.0</dapr.sdk.version>
   </properties>
 
   <dependencies>
diff --git a/sdk/pom.xml b/sdk/pom.xml
index cac374fc9..2c4e3a450 100644
--- a/sdk/pom.xml
+++ b/sdk/pom.xml
@@ -7,12 +7,12 @@
   <parent>
     <groupId>io.dapr</groupId>
     <artifactId>dapr-sdk-parent</artifactId>
-    <version>0.5.0-rc-1</version>
+    <version>0.5.0</version>
   </parent>
 
   <artifactId>dapr-sdk</artifactId>
   <packaging>jar</packaging>
-  <version>0.5.0-rc-1</version>
+  <version>0.5.0</version>
   <name>dapr-sdk</name>
   <description>SDK for Dapr</description>