diff --git a/subprojects/gradle.properties b/subprojects/gradle.properties
index 75ad441a6a..f209324b08 100644
--- a/subprojects/gradle.properties
+++ b/subprojects/gradle.properties
@@ -7,7 +7,7 @@ org.gradle.caching=true
 android.useAndroidX=true
 # The next version of all artifacts
 # Scheme: year.<version>
-projectVersion=2020.34-rc2
+projectVersion=2020.34
 # TODO: MBS-9285 - https://github.com/gradle/gradle/issues/12660
 systemProp.kotlinVersion=1.3.72
 systemProp.androidGradlePluginVersion=4.1.1