diff --git a/gradle.properties b/gradle.properties
index 9c4fe8007ce30..3a07a5b0afbde 100644
--- a/gradle.properties
+++ b/gradle.properties
@@ -30,8 +30,8 @@ signing.gnupg.useLegacyGpg=true
 # buildSrc/src/main/groovy/org/apache/beam/gradle/BeamModulePlugin.groovy.
 # To build a custom Beam version make sure you change it in both places, see
 # https://github.com/apache/beam/issues/21302.
-version=2.49.0-SNAPSHOT
-sdk_version=2.49.0.dev
+version=2.49.0
+sdk_version=2.49.0
 
 javaVersion=1.8
 
diff --git a/sdks/go/pkg/beam/core/core.go b/sdks/go/pkg/beam/core/core.go
index f401ffd74165a..527f75eac7a9a 100644
--- a/sdks/go/pkg/beam/core/core.go
+++ b/sdks/go/pkg/beam/core/core.go
@@ -27,7 +27,7 @@ const (
 	// SdkName is the human readable name of the SDK for UserAgents.
 	SdkName = "Apache Beam SDK for Go"
 	// SdkVersion is the current version of the SDK.
-	SdkVersion = "2.49.0.dev"
+	SdkVersion = "2.49.0"
 
 	// DefaultDockerImage represents the associated image for this release.
 	DefaultDockerImage = "apache/beam_go_sdk:" + SdkVersion
diff --git a/sdks/python/apache_beam/version.py b/sdks/python/apache_beam/version.py
index 2ac20b0e3a616..1c005057e5d5a 100644
--- a/sdks/python/apache_beam/version.py
+++ b/sdks/python/apache_beam/version.py
@@ -17,4 +17,4 @@
 
 """Apache Beam SDK version information and utilities."""
 
-__version__ = '2.49.0.dev'
+__version__ = '2.49.0'
diff --git a/sdks/typescript/package.json b/sdks/typescript/package.json
index 2894e95030f60..e4d72a55c70cf 100644
--- a/sdks/typescript/package.json
+++ b/sdks/typescript/package.json
@@ -1,6 +1,6 @@
 {
   "name": "apache-beam",
-  "version": "2.49.0-SNAPSHOT",
+  "version": "2.49.0",
   "devDependencies": {
     "@google-cloud/bigquery": "^5.12.0",
     "@types/mocha": "^9.0.0",