diff --git a/dapr/version/version.py b/dapr/version/version.py
index 8c6c12960..33fff4321 100644
--- a/dapr/version/version.py
+++ b/dapr/version/version.py
@@ -13,4 +13,4 @@
 limitations under the License.
 """
 
-__version__ = '1.16.1rc1'
+__version__ = '1.16.1'
diff --git a/examples/demo_actor/demo_actor/requirements.txt b/examples/demo_actor/demo_actor/requirements.txt
index 9496602ed..bfca817e8 100644
--- a/examples/demo_actor/demo_actor/requirements.txt
+++ b/examples/demo_actor/demo_actor/requirements.txt
@@ -1 +1 @@
-dapr-ext-fastapi>=1.16.1rc1
+dapr-ext-fastapi>=1.16.1
diff --git a/examples/demo_workflow/demo_workflow/requirements.txt b/examples/demo_workflow/demo_workflow/requirements.txt
index a70b02692..89f71c20a 100644
--- a/examples/demo_workflow/demo_workflow/requirements.txt
+++ b/examples/demo_workflow/demo_workflow/requirements.txt
@@ -1 +1 @@
-dapr-ext-workflow>=1.16.1rc1
+dapr-ext-workflow>=1.16.1
diff --git a/examples/invoke-simple/requirements.txt b/examples/invoke-simple/requirements.txt
index e77f5d6e2..0ac614717 100644
--- a/examples/invoke-simple/requirements.txt
+++ b/examples/invoke-simple/requirements.txt
@@ -1,2 +1,2 @@
-dapr-ext-grpc >= 1.16.1rc1
-dapr >= 1.16.1rc1
+dapr-ext-grpc >= 1.16.1
+dapr >= 1.16.1
diff --git a/examples/w3c-tracing/requirements.txt b/examples/w3c-tracing/requirements.txt
index 514e2606a..a349a8cd9 100644
--- a/examples/w3c-tracing/requirements.txt
+++ b/examples/w3c-tracing/requirements.txt
@@ -1,5 +1,5 @@
-dapr-ext-grpc >= 1.16.1rc1
-dapr >= 1.16.1rc1
+dapr-ext-grpc >= 1.16.1
+dapr >= 1.16.1
 opentelemetry-sdk
 opentelemetry-instrumentation-grpc
 opentelemetry-exporter-zipkin
diff --git a/examples/workflow/requirements.txt b/examples/workflow/requirements.txt
index fab86e728..2a34fde3d 100644
--- a/examples/workflow/requirements.txt
+++ b/examples/workflow/requirements.txt
@@ -1,2 +1,2 @@
-dapr-ext-workflow>=1.16.1rc1
-dapr>=1.16.1rc1
+dapr-ext-workflow>=1.16.1
+dapr>=1.16.1
diff --git a/ext/dapr-ext-fastapi/dapr/ext/fastapi/version.py b/ext/dapr-ext-fastapi/dapr/ext/fastapi/version.py
index 8c6c12960..33fff4321 100644
--- a/ext/dapr-ext-fastapi/dapr/ext/fastapi/version.py
+++ b/ext/dapr-ext-fastapi/dapr/ext/fastapi/version.py
@@ -13,4 +13,4 @@
 limitations under the License.
 """
 
-__version__ = '1.16.1rc1'
+__version__ = '1.16.1'
diff --git a/ext/dapr-ext-fastapi/setup.cfg b/ext/dapr-ext-fastapi/setup.cfg
index 8b6080ebf..fad9af625 100644
--- a/ext/dapr-ext-fastapi/setup.cfg
+++ b/ext/dapr-ext-fastapi/setup.cfg
@@ -24,7 +24,7 @@ python_requires = >=3.9
 packages = find_namespace:
 include_package_data = True
 install_requires =
-    dapr >= 1.16.1rc1
+    dapr >= 1.16.1
     uvicorn >= 0.11.6
     fastapi >= 0.60.1
 
diff --git a/ext/dapr-ext-grpc/dapr/ext/grpc/version.py b/ext/dapr-ext-grpc/dapr/ext/grpc/version.py
index 8c6c12960..33fff4321 100644
--- a/ext/dapr-ext-grpc/dapr/ext/grpc/version.py
+++ b/ext/dapr-ext-grpc/dapr/ext/grpc/version.py
@@ -13,4 +13,4 @@
 limitations under the License.
 """
 
-__version__ = '1.16.1rc1'
+__version__ = '1.16.1'
diff --git a/ext/dapr-ext-grpc/setup.cfg b/ext/dapr-ext-grpc/setup.cfg
index d08757c78..70ed13b0c 100644
--- a/ext/dapr-ext-grpc/setup.cfg
+++ b/ext/dapr-ext-grpc/setup.cfg
@@ -24,7 +24,7 @@ python_requires = >=3.9
 packages = find_namespace:
 include_package_data = True
 install_requires =
-    dapr >= 1.16.1rc1
+    dapr >= 1.16.1
     cloudevents >= 1.0.0
 
 [options.packages.find]
diff --git a/ext/dapr-ext-workflow/dapr/ext/workflow/version.py b/ext/dapr-ext-workflow/dapr/ext/workflow/version.py
index 8c6c12960..33fff4321 100644
--- a/ext/dapr-ext-workflow/dapr/ext/workflow/version.py
+++ b/ext/dapr-ext-workflow/dapr/ext/workflow/version.py
@@ -13,4 +13,4 @@
 limitations under the License.
 """
 
-__version__ = '1.16.1rc1'
+__version__ = '1.16.1'
diff --git a/ext/dapr-ext-workflow/setup.cfg b/ext/dapr-ext-workflow/setup.cfg
index 83869566c..840bb59fd 100644
--- a/ext/dapr-ext-workflow/setup.cfg
+++ b/ext/dapr-ext-workflow/setup.cfg
@@ -24,7 +24,7 @@ python_requires = >=3.9
 packages = find_namespace:
 include_package_data = True
 install_requires =
-    dapr >= 1.16.1rc1
+    dapr >= 1.16.1
     durabletask-dapr >= 0.2.0a9
 
 [options.packages.find]
diff --git a/ext/flask_dapr/flask_dapr/version.py b/ext/flask_dapr/flask_dapr/version.py
index 8c6c12960..33fff4321 100644
--- a/ext/flask_dapr/flask_dapr/version.py
+++ b/ext/flask_dapr/flask_dapr/version.py
@@ -13,4 +13,4 @@
 limitations under the License.
 """
 
-__version__ = '1.16.1rc1'
+__version__ = '1.16.1'
diff --git a/ext/flask_dapr/setup.cfg b/ext/flask_dapr/setup.cfg
index 531a9aea5..f459d9ddd 100644
--- a/ext/flask_dapr/setup.cfg
+++ b/ext/flask_dapr/setup.cfg
@@ -26,4 +26,4 @@ include_package_data = true
 zip_safe = false
 install_requires =
     Flask >= 1.1
-    dapr >= 1.16.1rc1
+    dapr >= 1.16.1