diff --git a/sdk/eventgrid/azure-eventgrid/CHANGELOG.md b/sdk/eventgrid/azure-eventgrid/CHANGELOG.md
index 9f51c34e2180..2aaed40f7a05 100644
--- a/sdk/eventgrid/azure-eventgrid/CHANGELOG.md
+++ b/sdk/eventgrid/azure-eventgrid/CHANGELOG.md
@@ -1,5 +1,15 @@
 # Release History
 
+## 4.7.2 (Unreleased)
+
+### Features Added
+
+### Breaking Changes
+
+### Bugs Fixed
+
+### Other Changes
+
 ## 4.7.1 (2021-11-18)
 
 ### Bugs Fixed
diff --git a/sdk/eventgrid/azure-eventgrid/azure/eventgrid/_version.py b/sdk/eventgrid/azure-eventgrid/azure/eventgrid/_version.py
index 7fee23b86c27..d5e1e0207361 100644
--- a/sdk/eventgrid/azure-eventgrid/azure/eventgrid/_version.py
+++ b/sdk/eventgrid/azure-eventgrid/azure/eventgrid/_version.py
@@ -9,4 +9,4 @@
 # regenerated.
 # --------------------------------------------------------------------------
 
-VERSION = "4.7.1"
+VERSION = "4.7.2"