diff --git a/CHANGELOG.md b/CHANGELOG.md
index 842c5c0e43..e06a9565ac 100644
--- a/CHANGELOG.md
+++ b/CHANGELOG.md
@@ -1,5 +1,59 @@
 # Version changelog
 
+## 1.49.0
+
+### New Features and Improvements
+ * Added `databricks_dashboard` resource ([#3729](https://github.com/databricks/terraform-provider-databricks/pull/3729)).
+ * Added `databricks_schema` data source ([#3732](https://github.com/databricks/terraform-provider-databricks/pull/3732)).
+ * Added support for binding storage credentials and external locations to specific workspaces ([#3678](https://github.com/databricks/terraform-provider-databricks/pull/3678)).
+ * Added `databricks_volume` as data source  ([#3211](https://github.com/databricks/terraform-provider-databricks/pull/3211)).
+ * Make the `schedule.pause_status` field read-only ([#3692](https://github.com/databricks/terraform-provider-databricks/pull/3692)).
+ * Renamed `databricks_catalog_workspace_binding` to `databricks_workspace_binding` ([#3703](https://github.com/databricks/terraform-provider-databricks/pull/3703)).
+ * Make `cluster_name_contains` optional in `databricks_clusters` data source ([#3760](https://github.com/databricks/terraform-provider-databricks/pull/3760)).
+ * Tolerate OAuth errors in databricks_mws_workspaces when managing tokens ([#3761](https://github.com/databricks/terraform-provider-databricks/pull/3761)).
+ * Permissions for `databricks_dashboard` resource ([#3762](https://github.com/databricks/terraform-provider-databricks/pull/3762)).
+ * Fix model serving resource ([#3690](https://github.com/databricks/terraform-provider-databricks/pull/3690))
+
+### Exporter
+ * Emit directories during the listing only if they are explicitly configured in `-listing` ([#3673](https://github.com/databricks/terraform-provider-databricks/pull/3673)).
+ * Export libraries specified as `requirements.txt` ([#3649](https://github.com/databricks/terraform-provider-databricks/pull/3649)).
+ * Fix generation of `run_as` blocks in `databricks_job` ([#3724](https://github.com/databricks/terraform-provider-databricks/pull/3724)).
+ * Use Go SDK structs for `databricks_job` resource ([#3727](https://github.com/databricks/terraform-provider-databricks/pull/3727)).
+ * Clarify use of `-listing` and `-services` options ([#3755](https://github.com/databricks/terraform-provider-databricks/pull/3755)).
+ * Improve code generation for SQL Endpoints ([#3764](https://github.com/databricks/terraform-provider-databricks/pull/3764))
+ * Fix to support Serverless DLT ([#3796](https://github.com/databricks/terraform-provider-databricks/pull/3796))
+
+### Documentation
+ * Fix invalid priviledges in grants.md ([#3716](https://github.com/databricks/terraform-provider-databricks/pull/3716)).
+ * Update cluster.md: add data_security_mode parameters `NONE` and `NO_ISOLATION` ([#3740](https://github.com/databricks/terraform-provider-databricks/pull/3740)).
+ * Remove references to basic auth ([#3720](https://github.com/databricks/terraform-provider-databricks/pull/3720)).
+ * Update resources diagram ([#3765](https://github.com/databricks/terraform-provider-databricks/pull/3765)).
+ * Improve docs for Network Connectivity Config ([#3794](https://github.com/databricks/terraform-provider-databricks/pull/3794))
+ * Document serverless flag in databricks_pipeline ([#3797](https://github.com/databricks/terraform-provider-databricks/pull/3797))
+ * Add description of environment block to databricks_job ([#3798](https://github.com/databricks/terraform-provider-databricks/pull/3798))
+ 
+
+### Internal Changes
+ * Add Release tag ([#3748](https://github.com/databricks/terraform-provider-databricks/pull/3748)).
+ * Improve Changelog by grouping changes ([#3747](https://github.com/databricks/terraform-provider-databricks/pull/3747)).
+ * Change TF registry ownership ([#3736](https://github.com/databricks/terraform-provider-databricks/pull/3736)).
+ * Refactored `databricks_cluster(s)` data sources to Go SDK ([#3685](https://github.com/databricks/terraform-provider-databricks/pull/3685)).
+ * Upgrade databricks-sdk-go ([#3743](https://github.com/databricks/terraform-provider-databricks/pull/3743)).
+ * Run goreleaser action in snapshot mode from merge queue ([#3646](https://github.com/databricks/terraform-provider-databricks/pull/3646)).
+ * Make `dashboard_name` random in integration tests for `databricks_dashboard` resource ([#3763](https://github.com/databricks/terraform-provider-databricks/pull/3763)).
+ * Clear stale go.sum values ([#3768](https://github.com/databricks/terraform-provider-databricks/pull/3768)).
+ * Add "Owner" tag to test cluster in acceptance test ([#3771](https://github.com/databricks/terraform-provider-databricks/pull/3771)).
+ * Fix integration test for restrict workspace admins setting ([#3772](https://github.com/databricks/terraform-provider-databricks/pull/3772)).
+ * Add "Owner" tag to test SQL endpoint in acceptance test ([#3774](https://github.com/databricks/terraform-provider-databricks/pull/3774)).
+ * Move PR message validation to a separate workflow ([#3777](https://github.com/databricks/terraform-provider-databricks/pull/3777)).
+ * Trigger the validate workflow in the merge queue ([#3782](https://github.com/databricks/terraform-provider-databricks/pull/3782)).
+ * Update properties for managed SQL table on latest DBR ([#3784](https://github.com/databricks/terraform-provider-databricks/pull/3784)).
+ * Add "Owner" tag to test SQL endpoint in acceptance test ([#3785](https://github.com/databricks/terraform-provider-databricks/pull/3785)).
+ * Ignore managed property for liquid clustering integration test ([#3786](https://github.com/databricks/terraform-provider-databricks/pull/3786))
+ * Fix processing of quoted titles ([#3790](https://github.com/databricks/terraform-provider-databricks/pull/3790))
+
+
+
 ## 1.48.3
 
 ### Internal Changes 
diff --git a/common/version.go b/common/version.go
index 927e473e3a..458ca2e667 100644
--- a/common/version.go
+++ b/common/version.go
@@ -3,7 +3,7 @@ package common
 import "context"
 
 var (
-	version = "1.48.2"
+	version = "1.49.0"
 	// ResourceName is resource name without databricks_ prefix
 	ResourceName contextKey = 1
 	// Provider is the current instance of provider