diff --git a/RELEASE b/RELEASE
index c514bd85c2e..c239c60cba2 100644
--- a/RELEASE
+++ b/RELEASE
@@ -1 +1 @@
-1.4.6
+1.5
diff --git a/meson.build b/meson.build
index c12b906516b..b282060f5a9 100644
--- a/meson.build
+++ b/meson.build
@@ -1,4 +1,4 @@
-project('dxvk', ['c', 'cpp'], version : 'v1.4.6', meson_version : '>= 0.46')
+project('dxvk', ['c', 'cpp'], version : 'v1.5', meson_version : '>= 0.46')
 
 cpu_family = target_machine.cpu_family()
 
diff --git a/src/dxvk/dxvk_instance.cpp b/src/dxvk/dxvk_instance.cpp
index ea88d649d2a..8611e0c9f6a 100644
--- a/src/dxvk/dxvk_instance.cpp
+++ b/src/dxvk/dxvk_instance.cpp
@@ -119,7 +119,7 @@ namespace dxvk {
     appInfo.pApplicationName      = appName.c_str();
     appInfo.applicationVersion    = 0;
     appInfo.pEngineName           = "DXVK";
-    appInfo.engineVersion         = VK_MAKE_VERSION(1, 4, 6);
+    appInfo.engineVersion         = VK_MAKE_VERSION(1, 5, 0);
     appInfo.apiVersion            = VK_MAKE_VERSION(1, 1, 0);
     
     VkInstanceCreateInfo info;