diff --git a/CHANGELOG.md b/CHANGELOG.md
index 8a908f2..ebf6fff 100644
--- a/CHANGELOG.md
+++ b/CHANGELOG.md
@@ -1,6 +1,9 @@
 # Changelog
 All notable changes to this project since 0.82.0 will be documented in this file.
 
+## [3.3.1] - 2021-10-20
+- Updated Python Docker package versions to newest version and enable simulator dependencies
+
 ## [3.3.0] - 2021-8-24
 - Add support for layered deployment manifests when building, pushing and generating
 - Add support for creating deployments in IoTHub via the new command: `iotedgedev iothub deploy`
diff --git a/iotedgedev/__init__.py b/iotedgedev/__init__.py
index c87b8e2..90e84ff 100644
--- a/iotedgedev/__init__.py
+++ b/iotedgedev/__init__.py
@@ -2,5 +2,5 @@
 
 __author__ = 'Microsoft Corporation'
 __email__ = 'opencode@microsoft.com'
-__version__ = '3.3.0'
+__version__ = '3.3.1'
 __AIkey__ = '95b20d64-f54f-4de3-8ad5-165a75a6c6fe'
\ No newline at end of file
diff --git a/requirements.txt b/requirements.txt
index 2b86af5..c9dee3c 100644
--- a/requirements.txt
+++ b/requirements.txt
@@ -1,10 +1,10 @@
 click==8.0.1
-docker==4.4.1
+docker==5.0.0
 python-dotenv==0.19.0
 requests==2.25.1
 fstrings==0.1.0
 msrestazure==0.4.34
-iotedgehubdev==0.14.9
+iotedgehubdev>=0.14.9
 applicationinsights==0.11.9
 commentjson==0.9.0
 pypiwin32==219; sys_platform == 'win32' and python_version < '3.6'
diff --git a/requirements_dev.txt b/requirements_dev.txt
index 8facfc5..d95b99e 100644
--- a/requirements_dev.txt
+++ b/requirements_dev.txt
@@ -3,7 +3,7 @@ pip==21.2.3
 bumpversion==0.5.3
 wheel==0.30.0
 watchdog==0.8.3
-docker-compose==1.28.3
+docker-compose==1.29.1
 flake8==3.9.2
 pycodestyle==2.7.0
 autopep8==1.5.7
diff --git a/setup.cfg b/setup.cfg
index eac2c52..23285d4 100644
--- a/setup.cfg
+++ b/setup.cfg
@@ -1,5 +1,5 @@
 [bumpversion]
-current_version = 3.3.0
+current_version = 3.3.1
 commit = True
 tag = True
 
diff --git a/setup.py b/setup.py
index ae91f1a..ab507cd 100644
--- a/setup.py
+++ b/setup.py
@@ -8,7 +8,7 @@ with open('CHANGELOG.md') as history_file:
 requirements = [
     'click>=6.0',
     'bcrypt<=3.1.7',
-    'docker >= 3.7.0, <= 4.4.1',
+    'docker >= 3.7.0',
     'python-dotenv',
     'requests >= 2.20.0, <= 2.25.1',
     'fstrings',
@@ -31,7 +31,7 @@ test_requirements = [
 
 setup(
     name='iotedgedev',
-    version='3.3.0',
+    version='3.3.1',
     description='The Azure IoT Edge Dev Tool greatly simplifies the IoT Edge development process by automating many routine manual tasks, such as building, deploying, pushing modules and configuring the IoT Edge Runtime.',
     long_description='See https://github.com/azure/iotedgedev for usage instructions.',
     author='Microsoft Corporation',
diff --git a/tests/__init__.py b/tests/__init__.py
index cc825f5..857cd4b 100644
--- a/tests/__init__.py
+++ b/tests/__init__.py
@@ -2,4 +2,4 @@
 
 __author__ = 'Microsoft Corporation'
 __email__ = 'opencode@microsoft.com'
-__version__ = '3.3.0'
+__version__ = '3.3.1'