diff --git a/build/version.props b/build/version.props
index d0d8274e7..eb5772f9d 100644
--- a/build/version.props
+++ b/build/version.props
@@ -2,13 +2,13 @@
   <PropertyGroup>
 
     <!-- package version of grpc-dotnet -->
-    <GrpcDotnetVersion>2.24.0-dev</GrpcDotnetVersion>
+    <GrpcDotnetVersion>2.25.0-pre1</GrpcDotnetVersion>
     
     <!-- assembly version of grpc-dotnet -->
     <GrpcDotnetAssemblyVersion>2.0.0.0</GrpcDotnetAssemblyVersion>
 
     <!-- file version of all grpc-dotnet -->
-    <GrpcDotnetAssemblyFileVersion>2.24.0.0</GrpcDotnetAssemblyFileVersion>
+    <GrpcDotnetAssemblyFileVersion>2.25.0.0</GrpcDotnetAssemblyFileVersion>
 
   </PropertyGroup>
 </Project>