diff --git a/kubernetes/dcaegen2/charts/dcae-redis/Chart.yaml b/kubernetes/dcaegen2/charts/dcae-redis/Chart.yaml
index f01b628..49ae5d2 100644
--- a/kubernetes/dcaegen2/charts/dcae-redis/Chart.yaml
+++ b/kubernetes/dcaegen2/charts/dcae-redis/Chart.yaml
@@ -16,4 +16,4 @@
 apiVersion: v1
 description: ONAP DCAE Redis
 name: dcae-redis
-version: 4.0.0
+version: 5.0.0
diff --git a/kubernetes/dcaegen2/charts/dcae-redis/requirements.yaml b/kubernetes/dcaegen2/charts/dcae-redis/requirements.yaml
index f6b1545..c0e6595 100644
--- a/kubernetes/dcaegen2/charts/dcae-redis/requirements.yaml
+++ b/kubernetes/dcaegen2/charts/dcae-redis/requirements.yaml
@@ -14,5 +14,5 @@
 
 dependencies:
   - name: common
-    version: ~4.x-0
+    version: ~5.x-0
     repository: '@local'