diff --git a/eng/Versions.props b/eng/Versions.props
index b7eb5a08de..ded9d85c3b 100644
--- a/eng/Versions.props
+++ b/eng/Versions.props
@@ -2,7 +2,7 @@
 <Project>
   <PropertyGroup Label="Version settings">
     <!-- This repo version -->
-    <VersionPrefix>3.1.0</VersionPrefix>
+    <VersionPrefix>3.1.1</VersionPrefix>
     <PreReleaseVersionLabel>preview</PreReleaseVersionLabel>
   </PropertyGroup>
   <PropertyGroup Label="Arcade settings">