diff --git a/icu4j/build.properties b/icu4j/build.properties
index 29719423789e..e76a11ed0aa2 100644
--- a/icu4j/build.properties
+++ b/icu4j/build.properties
@@ -8,5 +8,5 @@ api.report.version = 74
 api.report.prev.version = 73
 release.file.ver = 74rc
 api.doc.version = 74
-maven.pom.ver = 74.1
+maven.pom.ver = 74.1-SNAPSHOT
 
diff --git a/icu4j/demos/pom.xml b/icu4j/demos/pom.xml
index beaf8682a41f..3515d4cedeef 100644
--- a/icu4j/demos/pom.xml
+++ b/icu4j/demos/pom.xml
@@ -8,7 +8,7 @@
   <parent>
     <groupId>com.ibm.icu</groupId>
     <artifactId>icu4j-root</artifactId>
-    <version>74.1</version>
+    <version>74.1-SNAPSHOT</version>
   </parent>
 
   <artifactId>demos</artifactId>
diff --git a/icu4j/main/charset/pom.xml b/icu4j/main/charset/pom.xml
index e24c265bfd68..5626b166c789 100644
--- a/icu4j/main/charset/pom.xml
+++ b/icu4j/main/charset/pom.xml
@@ -8,7 +8,7 @@
   <parent>
     <groupId>com.ibm.icu</groupId>
     <artifactId>main</artifactId>
-    <version>74.1</version>
+    <version>74.1-SNAPSHOT</version>
   </parent>
 
   <artifactId>icu4j-charset</artifactId>
diff --git a/icu4j/main/collate/pom.xml b/icu4j/main/collate/pom.xml
index 996f3636f7e6..e58ee511ce30 100644
--- a/icu4j/main/collate/pom.xml
+++ b/icu4j/main/collate/pom.xml
@@ -8,7 +8,7 @@
   <parent>
     <groupId>com.ibm.icu</groupId>
     <artifactId>main</artifactId>
-    <version>74.1</version>
+    <version>74.1-SNAPSHOT</version>
   </parent>
 
   <artifactId>collate</artifactId>
diff --git a/icu4j/main/common_tests/pom.xml b/icu4j/main/common_tests/pom.xml
index a2fd75203f44..6f8abdddaa6d 100644
--- a/icu4j/main/common_tests/pom.xml
+++ b/icu4j/main/common_tests/pom.xml
@@ -8,7 +8,7 @@
   <parent>
     <groupId>com.ibm.icu</groupId>
     <artifactId>main</artifactId>
-    <version>74.1</version>
+    <version>74.1-SNAPSHOT</version>
   </parent>
 
   <artifactId>common_tests</artifactId>
diff --git a/icu4j/main/core/pom.xml b/icu4j/main/core/pom.xml
index 54a6b4f21a6f..773546c020e8 100644
--- a/icu4j/main/core/pom.xml
+++ b/icu4j/main/core/pom.xml
@@ -8,7 +8,7 @@
   <parent>
     <groupId>com.ibm.icu</groupId>
     <artifactId>main</artifactId>
-    <version>74.1</version>
+    <version>74.1-SNAPSHOT</version>
   </parent>
 
   <artifactId>core</artifactId>
diff --git a/icu4j/main/currdata/pom.xml b/icu4j/main/currdata/pom.xml
index 0d741c805b98..61b717824f48 100644
--- a/icu4j/main/currdata/pom.xml
+++ b/icu4j/main/currdata/pom.xml
@@ -8,7 +8,7 @@
   <parent>
     <groupId>com.ibm.icu</groupId>
     <artifactId>main</artifactId>
-    <version>74.1</version>
+    <version>74.1-SNAPSHOT</version>
   </parent>
 
   <artifactId>currdata</artifactId>
diff --git a/icu4j/main/framework/pom.xml b/icu4j/main/framework/pom.xml
index 4a1ec6022720..c3bcdbdc38b9 100644
--- a/icu4j/main/framework/pom.xml
+++ b/icu4j/main/framework/pom.xml
@@ -8,7 +8,7 @@
   <parent>
     <groupId>com.ibm.icu</groupId>
     <artifactId>main</artifactId>
-    <version>74.1</version>
+    <version>74.1-SNAPSHOT</version>
   </parent>
 
   <artifactId>framework</artifactId>
diff --git a/icu4j/main/icu4j/pom.xml b/icu4j/main/icu4j/pom.xml
index c8a6720c3543..27c8f6d99575 100644
--- a/icu4j/main/icu4j/pom.xml
+++ b/icu4j/main/icu4j/pom.xml
@@ -9,7 +9,7 @@
   <parent>
     <groupId>com.ibm.icu</groupId>
     <artifactId>main</artifactId>
-    <version>74.1</version>
+    <version>74.1-SNAPSHOT</version>
   </parent>
 
   <artifactId>icu4j</artifactId>
diff --git a/icu4j/main/langdata/pom.xml b/icu4j/main/langdata/pom.xml
index adb14afcaead..4818fa5ac531 100644
--- a/icu4j/main/langdata/pom.xml
+++ b/icu4j/main/langdata/pom.xml
@@ -8,7 +8,7 @@
   <parent>
     <groupId>com.ibm.icu</groupId>
     <artifactId>main</artifactId>
-    <version>74.1</version>
+    <version>74.1-SNAPSHOT</version>
   </parent>
 
   <artifactId>langdata</artifactId>
diff --git a/icu4j/main/localespi/pom.xml b/icu4j/main/localespi/pom.xml
index 1d3e3b4093f6..ccdbb89a50ee 100644
--- a/icu4j/main/localespi/pom.xml
+++ b/icu4j/main/localespi/pom.xml
@@ -8,7 +8,7 @@
   <parent>
     <groupId>com.ibm.icu</groupId>
     <artifactId>main</artifactId>
-    <version>74.1</version>
+    <version>74.1-SNAPSHOT</version>
   </parent>
 
   <artifactId>icu4j-localespi</artifactId>
diff --git a/icu4j/main/pom.xml b/icu4j/main/pom.xml
index a06b20814a0f..095eb574f6c4 100644
--- a/icu4j/main/pom.xml
+++ b/icu4j/main/pom.xml
@@ -8,7 +8,7 @@
   <parent>
     <groupId>com.ibm.icu</groupId>
     <artifactId>icu4j-root</artifactId>
-    <version>74.1</version>
+    <version>74.1-SNAPSHOT</version>
   </parent>
 
   <artifactId>main</artifactId>
diff --git a/icu4j/main/regiondata/pom.xml b/icu4j/main/regiondata/pom.xml
index a60ff661e601..07d5f86c2976 100644
--- a/icu4j/main/regiondata/pom.xml
+++ b/icu4j/main/regiondata/pom.xml
@@ -8,7 +8,7 @@
   <parent>
     <groupId>com.ibm.icu</groupId>
     <artifactId>main</artifactId>
-    <version>74.1</version>
+    <version>74.1-SNAPSHOT</version>
   </parent>
 
   <artifactId>regiondata</artifactId>
diff --git a/icu4j/main/translit/pom.xml b/icu4j/main/translit/pom.xml
index 2f6192a93829..c7fae364602a 100644
--- a/icu4j/main/translit/pom.xml
+++ b/icu4j/main/translit/pom.xml
@@ -8,7 +8,7 @@
   <parent>
     <groupId>com.ibm.icu</groupId>
     <artifactId>main</artifactId>
-    <version>74.1</version>
+    <version>74.1-SNAPSHOT</version>
   </parent>
 
   <artifactId>translit</artifactId>
diff --git a/icu4j/perf-tests/pom.xml b/icu4j/perf-tests/pom.xml
index 454d3411fb18..b8b94e085757 100644
--- a/icu4j/perf-tests/pom.xml
+++ b/icu4j/perf-tests/pom.xml
@@ -8,7 +8,7 @@
   <parent>
     <groupId>com.ibm.icu</groupId>
     <artifactId>icu4j-root</artifactId>
-    <version>74.1</version>
+    <version>74.1-SNAPSHOT</version>
   </parent>
 
   <artifactId>perf-tests</artifactId>
diff --git a/icu4j/pom.xml b/icu4j/pom.xml
index a763d0a86c3b..b37c92385aea 100644
--- a/icu4j/pom.xml
+++ b/icu4j/pom.xml
@@ -8,7 +8,7 @@
 
   <groupId>com.ibm.icu</groupId>
   <artifactId>icu4j-root</artifactId>
-  <version>74.1</version>
+  <version>74.1-SNAPSHOT</version>
   <packaging>pom</packaging>
 
   <name>${proj-title} (${project.artifactId})</name>
diff --git a/icu4j/releases_tools/api_reports.sh b/icu4j/releases_tools/api_reports.sh
index ab970bb80515..9ef244233b5d 100755
--- a/icu4j/releases_tools/api_reports.sh
+++ b/icu4j/releases_tools/api_reports.sh
@@ -5,7 +5,7 @@
 export MAVEN_ARGS='--no-transfer-progress'
 
 # Version update!
-export artifact_version='74.1.0'
+export artifact_version='74.1-SNAPSHOT'
 export api_report_version='74'
 export api_report_prev_version='73'
 export out_dir=target
diff --git a/icu4j/samples/pom.xml b/icu4j/samples/pom.xml
index c3a48b442b36..499cf5380efa 100644
--- a/icu4j/samples/pom.xml
+++ b/icu4j/samples/pom.xml
@@ -8,7 +8,7 @@
   <parent>
     <groupId>com.ibm.icu</groupId>
     <artifactId>icu4j-root</artifactId>
-    <version>74.1</version>
+    <version>74.1-SNAPSHOT</version>
   </parent>
 
   <artifactId>samples</artifactId>
diff --git a/icu4j/tools/build/pom.xml b/icu4j/tools/build/pom.xml
index 830e4a6e008c..588442c3f57a 100644
--- a/icu4j/tools/build/pom.xml
+++ b/icu4j/tools/build/pom.xml
@@ -8,7 +8,7 @@
   <parent>
     <groupId>com.ibm.icu</groupId>
     <artifactId>icu4j-root</artifactId>
-    <version>74.1</version>
+    <version>74.1-SNAPSHOT</version>
     <relativePath>../../pom.xml</relativePath>
   </parent>
 
diff --git a/icu4j/tools/misc/pom.xml b/icu4j/tools/misc/pom.xml
index 494629d8a4a9..6eb6f4344633 100644
--- a/icu4j/tools/misc/pom.xml
+++ b/icu4j/tools/misc/pom.xml
@@ -8,7 +8,7 @@
   <parent>
     <groupId>com.ibm.icu</groupId>
     <artifactId>icu4j-root</artifactId>
-    <version>74.1</version>
+    <version>74.1-SNAPSHOT</version>
     <relativePath>../../pom.xml</relativePath>
   </parent>