diff --git a/CHANGELOG.md b/CHANGELOG.md
index 2578c84fca..76213263f2 100644
--- a/CHANGELOG.md
+++ b/CHANGELOG.md
@@ -2,6 +2,18 @@
 
 ## Unreleased
 
+## 1.39.3
+
+Features:
+- Add `waitToSettleTimeoutMs` to other swipe related commands ([#2153](https://github.com/mobile-dev-inc/maestro/pull/2153))
+- Add retry command for flaky conditions ([#2168](https://github.com/mobile-dev-inc/maestro/pull/2168))
+
+Fixes:
+- Fix: multiple xcodebuild process and leading to IOSDriverTimeoutException ([#2097](https://github.com/mobile-dev-inc/maestro/pull/2097))
+- Fix: NullPointerException during view hierarchy operations for android ([#2172](https://github.com/mobile-dev-inc/maestro/pull/2172))
+- Fix: Debug level logs in maestro.log file leading to large debug files ([#2170](https://github.com/mobile-dev-inc/maestro/pull/2170))
+- Fix: Environment variable not being set for test suite ([#2163](https://github.com/mobile-dev-inc/maestro/pull/2163))
+
 ## 1.39.2
 
 Released on 2024-11-19
diff --git a/gradle.properties b/gradle.properties
index 84b4bdb021..2991fef6cd 100644
--- a/gradle.properties
+++ b/gradle.properties
@@ -2,7 +2,7 @@ android.useAndroidX=true
 android.enableJetifier=true
 kotlin.code.style=official
 GROUP=dev.mobile
-VERSION_NAME=1.39.2
+VERSION_NAME=1.39.3
 POM_DESCRIPTION=Maestro is a server-driven platform-agnostic library that allows to drive tests for both iOS and Android using the same implementation through an intuitive API.
 POM_URL=https://github.com/mobile-dev-inc/maestro
 POM_SCM_URL=https://github.com/mobile-dev-inc/maestro
diff --git a/maestro-cli/gradle.properties b/maestro-cli/gradle.properties
index 0abe0fd973..48d972648c 100644
--- a/maestro-cli/gradle.properties
+++ b/maestro-cli/gradle.properties
@@ -1 +1 @@
-CLI_VERSION=1.39.2
+CLI_VERSION=1.39.3