diff --git a/CHANGELOG.md b/CHANGELOG.md
index 37c4fd423ab8..9c19d5b4d4c8 100644
--- a/CHANGELOG.md
+++ b/CHANGELOG.md
@@ -40,6 +40,7 @@ and this project adheres to [Semantic Versioning](https://semver.org/spec/v2.0.0
 - Incorrect work when copy job list with "Copy" button (<https://github.com/openvinotoolkit/cvat/pull/3749>)
 - Iterating over manifest (<https://github.com/openvinotoolkit/cvat/pull/3792>)
 - Manifest removing (<https://github.com/openvinotoolkit/cvat/pull/3791>)
+- Fixed project updated date (<https://github.com/openvinotoolkit/cvat/pull/3814>)
 - Fixed dextr deployment (<https://github.com/openvinotoolkit/cvat/pull/3820>)
 - Migration of `dataset_repo` application (<https://github.com/openvinotoolkit/cvat/pull/3827>)
 
diff --git a/cvat/apps/engine/migrations/0043_auto_20211027_0718.py b/cvat/apps/engine/migrations/0043_auto_20211027_0718.py
new file mode 100644
index 000000000000..66ab83a28dd3
--- /dev/null
+++ b/cvat/apps/engine/migrations/0043_auto_20211027_0718.py
@@ -0,0 +1,18 @@
+# Generated by Django 3.1.13 on 2021-10-27 07:18
+
+from django.db import migrations, models
+
+
+class Migration(migrations.Migration):
+
+    dependencies = [
+        ('engine', '0042_auto_20210830_1056'),
+    ]
+
+    operations = [
+        migrations.AlterField(
+            model_name='project',
+            name='updated_date',
+            field=models.DateTimeField(auto_now=True),
+        ),
+    ]
diff --git a/cvat/apps/engine/models.py b/cvat/apps/engine/models.py
index 22272423655f..a3e32a0b57b8 100644
--- a/cvat/apps/engine/models.py
+++ b/cvat/apps/engine/models.py
@@ -189,7 +189,7 @@ class Project(models.Model):
                                  on_delete=models.SET_NULL, related_name="+")
     bug_tracker = models.CharField(max_length=2000, blank=True, default="")
     created_date = models.DateTimeField(auto_now_add=True)
-    updated_date = models.DateTimeField(auto_now_add=True)
+    updated_date = models.DateTimeField(auto_now=True)
     status = models.CharField(max_length=32, choices=StatusChoice.choices(),
                               default=StatusChoice.ANNOTATION)
     training_project = models.ForeignKey(TrainingProject, null=True, blank=True, on_delete=models.SET_NULL)
diff --git a/cvat/apps/engine/views.py b/cvat/apps/engine/views.py
index 920c7a15d3ac..4032636e38d3 100644
--- a/cvat/apps/engine/views.py
+++ b/cvat/apps/engine/views.py
@@ -564,14 +564,28 @@ def retrieve(self, request, pk=None):
             raise serializers.ValidationError(
                 "Unexpected action specified for the request")
 
+    def perform_update(self, serializer):
+        instance = serializer.instance
+        project_id = instance.project_id
+        updated_instance = serializer.save()
+        if project_id != updated_instance.project_id:
+            if project_id is not None:
+                Project.objects.get(id=project_id).save()
+            if updated_instance.project_id is not None:
+                Project.objects.get(id=updated_instance.project_id).save()
+
+
     def perform_create(self, serializer):
         owner = self.request.data.get('owner', None)
         if owner:
             self._validate_task_limit(owner)
-            serializer.save()
+            instance = serializer.save()
         else:
             self._validate_task_limit(self.request.user)
-            serializer.save(owner=self.request.user)
+            instance = serializer.save(owner=self.request.user)
+        if instance.project:
+            db_project = instance.project
+            db_project.save()
 
     def perform_destroy(self, instance):
         task_dirname = instance.get_task_dirname()
@@ -580,6 +594,9 @@ def perform_destroy(self, instance):
         if instance.data and not instance.data.tasks.all():
             shutil.rmtree(instance.data.get_data_dirname(), ignore_errors=True)
             instance.data.delete()
+        if instance.project:
+            db_project = instance.project
+            db_project.save()
 
     @swagger_auto_schema(method='get', operation_summary='Returns a list of jobs for a specific task',
         responses={'200': JobSerializer(many=True)})