diff --git a/CHANGELOG.md b/CHANGELOG.md
index c6fd9c6e..d7a39a9a 100644
--- a/CHANGELOG.md
+++ b/CHANGELOG.md
@@ -5,7 +5,7 @@ All notable changes to this project will be documented in this file.
 The format is based on [Keep a Changelog](https://keepachangelog.com/en/1.0.0/),
 and this project adheres to [Semantic Versioning](https://semver.org/spec/v2.0.0.html).
 
-## \[1.7.0] - Unreleased
+## \[1.7.0] - 2021-11-15
 
 ### Added
 
@@ -24,14 +24,6 @@ and this project adheres to [Semantic Versioning](https://semver.org/spec/v2.0.0
 - Migration from NPM 6 to NPM 7 (<https://github.com/openvinotoolkit/cvat/pull/3773>)
 - Update Datumaro dependency to 0.2.0 (<https://github.com/openvinotoolkit/cvat/pull/3813>)
 
-### Deprecated
-
-- TDB
-
-### Removed
-
-- TDB
-
 ### Fixed
 
 - Fixed JSON transform issues in network requests (<https://github.com/openvinotoolkit/cvat/pull/3706>)
diff --git a/cvat/__init__.py b/cvat/__init__.py
index abb3e229..ca5b50f9 100644
--- a/cvat/__init__.py
+++ b/cvat/__init__.py
@@ -4,6 +4,6 @@
 
 from cvat.utils.version import get_version
 
-VERSION = (1, 7, 0, 'alpha', 0)
+VERSION = (1, 7, 0, 'final', 0)
 
 __version__ = get_version(VERSION)