diff --git a/common/config/rush/version-policies.json b/common/config/rush/version-policies.json
index f0ee0569edf..ea776f44dac 100644
--- a/common/config/rush/version-policies.json
+++ b/common/config/rush/version-policies.json
@@ -2,7 +2,7 @@
   {
     "policyName": "prerelease-monorepo-lockStep",
     "definitionName": "lockStepVersion",
-    "version": "5.0.0-dev.2",
+    "version": "5.0.0-dev.3",
     "nextBump": "prerelease"
   },
   {
diff --git a/ui/appui-react/package.json b/ui/appui-react/package.json
index 5bf8727a820..14db9b5268c 100644
--- a/ui/appui-react/package.json
+++ b/ui/appui-react/package.json
@@ -1,6 +1,6 @@
 {
   "name": "@itwin/appui-react",
-  "version": "5.0.0-dev.2",
+  "version": "5.0.0-dev.3",
   "description": "A react component library for AppUI framework",
   "type": "module",
   "types": "./lib/appui-react.d.ts",
@@ -54,15 +54,15 @@
   },
   "peerDependencies": {
     "@itwin/appui-abstract": "^4.0.0",
-    "@itwin/components-react": "workspace:^5.0.0-dev.2",
+    "@itwin/components-react": "workspace:^5.0.0-dev.3",
     "@itwin/core-bentley": "^4.0.0",
     "@itwin/core-common": "^4.0.0",
     "@itwin/core-frontend": "^4.0.0",
     "@itwin/core-geometry": "^4.0.0",
     "@itwin/core-quantity": "^4.0.0",
-    "@itwin/core-react": "workspace:^5.0.0-dev.2",
+    "@itwin/core-react": "workspace:^5.0.0-dev.3",
     "@itwin/core-telemetry": "^4.0.0",
-    "@itwin/imodel-components-react": "workspace:^5.0.0-dev.2",
+    "@itwin/imodel-components-react": "workspace:^5.0.0-dev.3",
     "@itwin/itwinui-react": "^3.15.0",
     "react": "^18.0.0",
     "react-dom": "^18.0.0",
diff --git a/ui/components-react/package.json b/ui/components-react/package.json
index 82db921af3f..89ff360f7c5 100644
--- a/ui/components-react/package.json
+++ b/ui/components-react/package.json
@@ -1,6 +1,6 @@
 {
   "name": "@itwin/components-react",
-  "version": "5.0.0-dev.2",
+  "version": "5.0.0-dev.3",
   "description": "A react component library of iTwin.js UI data-oriented components",
   "type": "module",
   "types": "./lib/components-react.d.ts",
@@ -56,7 +56,7 @@
   "peerDependencies": {
     "@itwin/appui-abstract": "^4.0.0",
     "@itwin/core-bentley": "^4.0.0",
-    "@itwin/core-react": "workspace:^5.0.0-dev.2",
+    "@itwin/core-react": "workspace:^5.0.0-dev.3",
     "@itwin/itwinui-react": "^3.15.0",
     "react": "^18.0.0",
     "react-dom": "^18.0.0"
diff --git a/ui/core-react/package.json b/ui/core-react/package.json
index 3914d9889ee..3f21acf347a 100644
--- a/ui/core-react/package.json
+++ b/ui/core-react/package.json
@@ -1,6 +1,6 @@
 {
   "name": "@itwin/core-react",
-  "version": "5.0.0-dev.2",
+  "version": "5.0.0-dev.3",
   "description": "A react component library of iTwin.js UI general purpose components",
   "type": "module",
   "types": "./lib/core-react.d.ts",
diff --git a/ui/imodel-components-react/package.json b/ui/imodel-components-react/package.json
index 7ab4d966e13..693b3a32995 100644
--- a/ui/imodel-components-react/package.json
+++ b/ui/imodel-components-react/package.json
@@ -1,6 +1,6 @@
 {
   "name": "@itwin/imodel-components-react",
-  "version": "5.0.0-dev.2",
+  "version": "5.0.0-dev.3",
   "description": "A react component library of iTwin.js UI iModel components",
   "type": "module",
   "types": "./lib/imodel-components-react.d.ts",
@@ -54,13 +54,13 @@
   },
   "peerDependencies": {
     "@itwin/appui-abstract": "^4.0.0",
-    "@itwin/components-react": "workspace:^5.0.0-dev.2",
+    "@itwin/components-react": "workspace:^5.0.0-dev.3",
     "@itwin/core-bentley": "^4.0.0",
     "@itwin/core-common": "^4.0.0",
     "@itwin/core-frontend": "^4.0.0",
     "@itwin/core-geometry": "^4.0.0",
     "@itwin/core-quantity": "^4.0.0",
-    "@itwin/core-react": "workspace:^5.0.0-dev.2",
+    "@itwin/core-react": "workspace:^5.0.0-dev.3",
     "@itwin/itwinui-react": "^3.15.0",
     "react": "^18.0.0",
     "react-dom": "^18.0.0"