diff --git a/CHANGELOG.md b/CHANGELOG.md
index 76814e5cd1..29dc30b0d2 100644
--- a/CHANGELOG.md
+++ b/CHANGELOG.md
@@ -39,6 +39,13 @@ Chores:
 
 === My Changes ===
 
+## 1.38.3
+
+Released on 2024-10-18
+
+- android waitToSettleTimeoutMs not wait for settle for faster commands
+
+=======
 ## 1.38.2
 
 Released on 2024-09-26
diff --git a/gradle.properties b/gradle.properties
index 7c27f833b6..c6661d2c57 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=1.38.2
+VERSION_NAME=1.38.3
 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 0f85fb6c76..e268f9f02e 100644
--- a/maestro-cli/gradle.properties
+++ b/maestro-cli/gradle.properties
@@ -1 +1 @@
-CLI_VERSION=1.38.2
+CLI_VERSION=1.38.3
diff --git a/version b/version
index 2c959a01bb..569d978f61 100644
--- a/version
+++ b/version
@@ -1 +1 @@
-{"major":1,"minor":38,"patch":2}
\ No newline at end of file
+{"major":1,"minor":38,"patch":3}
\ No newline at end of file