diff --git a/sdk/eventhub/azure-eventhub/CHANGELOG.md b/sdk/eventhub/azure-eventhub/CHANGELOG.md
index 68ab22b84312..62a3a3f29edf 100644
--- a/sdk/eventhub/azure-eventhub/CHANGELOG.md
+++ b/sdk/eventhub/azure-eventhub/CHANGELOG.md
@@ -1,5 +1,8 @@
 # Release History
 
+## 5.3.1 (Unreleased)
+
+
 ## 5.3.0 (2021-02-08)
 
 **New Features**
diff --git a/sdk/eventhub/azure-eventhub/azure/eventhub/_version.py b/sdk/eventhub/azure-eventhub/azure/eventhub/_version.py
index a29f4550a409..2c5d3a351ac5 100644
--- a/sdk/eventhub/azure-eventhub/azure/eventhub/_version.py
+++ b/sdk/eventhub/azure-eventhub/azure/eventhub/_version.py
@@ -3,4 +3,4 @@
 # Licensed under the MIT License.
 # ------------------------------------
 
-VERSION = "5.3.0"
+VERSION = "5.3.1"