diff --git a/CHANGELOG.md b/CHANGELOG.md
index 6aae07ecda..ac74c02a7f 100644
--- a/CHANGELOG.md
+++ b/CHANGELOG.md
@@ -1,3 +1,41 @@
+Changes in [1.12.0](https://github.com/element-hq/element-web/releases/tag/v1.12.0) (2025-09-23)
+================================================================================================
+## 🦖 Deprecations
+
+* Remove remaining support for outdated .well-known settings ([#30702](https://github.com/element-hq/element-web/pull/30702)). Contributed by @richvdh.
+
+## ✨ Features
+
+* Add decline button to call notification toast (use new notification event) ([#30729](https://github.com/element-hq/element-web/pull/30729)). Contributed by @toger5.
+* Use the new room list by default ([#30640](https://github.com/element-hq/element-web/pull/30640)). Contributed by @langleyd.
+* "Verify this device" redesign ([#30596](https://github.com/element-hq/element-web/pull/30596)). Contributed by @uhoreg.
+* Set Element Call "intents" when starting and answering DM calls. ([#30730](https://github.com/element-hq/element-web/pull/30730)). Contributed by @Half-Shot.
+* Add axe compliance for new room list ([#30700](https://github.com/element-hq/element-web/pull/30700)). Contributed by @langleyd.
+* Stop ringing and remove toast if another device answers a RTC call. ([#30728](https://github.com/element-hq/element-web/pull/30728)). Contributed by @Half-Shot.
+* Automatically adjust history visibility when making a room private ([#30713](https://github.com/element-hq/element-web/pull/30713)). Contributed by @Half-Shot.
+* Release announcement for new room list ([#30675](https://github.com/element-hq/element-web/pull/30675)). Contributed by @dbkr.
+
+## 🐛 Bug Fixes
+
+* [Backport staging] Room list: make the filter resize correctly ([#30795](https://github.com/element-hq/element-web/pull/30795)). Contributed by @RiotRobot.
+* [Backport staging] Avoid flicker of the room list filter on resize ([#30794](https://github.com/element-hq/element-web/pull/30794)). Contributed by @RiotRobot.
+* Don't show release announcements while toasts are displayed ([#30770](https://github.com/element-hq/element-web/pull/30770)). Contributed by @dbkr.
+* Fix enabling key backup not working if there is an untrusted key backup ([#30707](https://github.com/element-hq/element-web/pull/30707)). Contributed by @Half-Shot.
+* Force `preload` to be false when setting an intent on an Element Call. ([#30759](https://github.com/element-hq/element-web/pull/30759)). Contributed by @Half-Shot.
+* Fix handling of 413 server response when uploading media ([#30737](https://github.com/element-hq/element-web/pull/30737)). Contributed by @hughns.
+* Make landmark navigation work with new room list ([#30747](https://github.com/element-hq/element-web/pull/30747)). Contributed by @dbkr.
+* Prevent voice message from displaying spurious errors ([#30736](https://github.com/element-hq/element-web/pull/30736)). Contributed by @florianduros.
+* Align default avatar and fix colors in composer pills ([#30739](https://github.com/element-hq/element-web/pull/30739)). Contributed by @florianduros.
+* Use configured URL for link to desktop app in message search settings ([#30742](https://github.com/element-hq/element-web/pull/30742)). Contributed by @t3chguy.
+* Fix history visibility when creating space rooms ([#30745](https://github.com/element-hq/element-web/pull/30745)). Contributed by @dbkr.
+* Check HTML-encoded quotes when handling translations for embedded pages (such as welcome.html) ([#30743](https://github.com/element-hq/element-web/pull/30743)). Contributed by @Half-Shot.
+* Fix local room encryption status always not enabled ([#30461](https://github.com/element-hq/element-web/pull/30461)). Contributed by @BillCarsonFr.
+* fix: make url in topic in room intro clickable ([#30686](https://github.com/element-hq/element-web/pull/30686)). Contributed by @florianduros.
+* Block change recovery key button while a change is ongoing. ([#30664](https://github.com/element-hq/element-web/pull/30664)). Contributed by @Half-Shot.
+* Hide advanced settings during room creation when `UIFeature.advancedSettings=false` ([#30684](https://github.com/element-hq/element-web/pull/30684)). Contributed by @florianduros.
+* A11y: improve accessibility of pinned messages ([#30558](https://github.com/element-hq/element-web/pull/30558)). Contributed by @florianduros.
+
+
 Changes in [1.11.112](https://github.com/element-hq/element-web/releases/tag/v1.11.112) (2025-09-16)
 ====================================================================================================
 Fix [CVE-2025-59161](https://www.cve.org/CVERecord?id=CVE-2025-59161) / [GHSA-m6c8-98f4-75rr](https://github.com/element-hq/element-web/security/advisories/GHSA-m6c8-98f4-75rr)
diff --git a/package.json b/package.json
index eea7bbed00..d891ea356c 100644
--- a/package.json
+++ b/package.json
@@ -1,6 +1,6 @@
 {
     "name": "element-web",
-    "version": "1.11.112",
+    "version": "1.12.0",
     "description": "Element: the future of secure communication",
     "author": "New Vector Ltd.",
     "repository": {
@@ -134,7 +134,7 @@
         "maplibre-gl": "^5.0.0",
         "matrix-encrypt-attachment": "^1.0.3",
         "matrix-events-sdk": "0.0.1",
-        "matrix-js-sdk": "github:matrix-org/matrix-js-sdk#develop",
+        "matrix-js-sdk": "38.3.0",
         "matrix-widget-api": "^1.10.0",
         "memoize-one": "^6.0.0",
         "mime": "^4.0.4",
diff --git a/yarn.lock b/yarn.lock
index 9bca9fc9ec..bddc2b9543 100644
--- a/yarn.lock
+++ b/yarn.lock
@@ -2680,10 +2680,10 @@
     emojibase "^15.3.1"
     emojibase-data "^15.3.1"
 
-"@matrix-org/matrix-sdk-crypto-wasm@^15.1.0":
-  version "15.1.0"
-  resolved "https://registry.yarnpkg.com/@matrix-org/matrix-sdk-crypto-wasm/-/matrix-sdk-crypto-wasm-15.1.0.tgz#653956f5f6daced55a9df3d2c1114eb2c017b528"
-  integrity sha512-ZsDdjn46J3+VxsDLmaSODuS+qtGZB/i3Cg9tWL1QPNjvAWzNaTHQ7glleByI2PKVBm83aklfuhGKT2MqE1ZsEA==
+"@matrix-org/matrix-sdk-crypto-wasm@^15.2.0":
+  version "15.3.0"
+  resolved "https://registry.yarnpkg.com/@matrix-org/matrix-sdk-crypto-wasm/-/matrix-sdk-crypto-wasm-15.3.0.tgz#141fd041ae382b793369bcee4394b0b577bdea0c"
+  integrity sha512-QyxHvncvkl7nf+tnn92PjQ54gMNV8hMSpiukiDgNrqF6IYwgySTlcSdkPYdw8QjZJ0NR6fnVrNzMec0OohM3wA==
 
 "@matrix-org/react-sdk-module-api@^2.4.0":
   version "2.5.0"
@@ -11065,12 +11065,13 @@ matrix-events-sdk@0.0.1:
   resolved "https://registry.yarnpkg.com/matrix-events-sdk/-/matrix-events-sdk-0.0.1.tgz#c8c38911e2cb29023b0bbac8d6f32e0de2c957dd"
   integrity sha512-1QEOsXO+bhyCroIe2/A5OwaxHvBm7EsSQ46DEDn8RBIfQwN5HWBpFvyWWR4QY0KHPPnnJdI99wgRiAl7Ad5qaA==
 
-"matrix-js-sdk@github:matrix-org/matrix-js-sdk#develop":
-  version "38.1.0"
-  resolved "https://codeload.github.com/matrix-org/matrix-js-sdk/tar.gz/82aa04d894d7adc7c6be245220c4a89b69357d26"
+matrix-js-sdk@38.3.0:
+  version "38.3.0"
+  resolved "https://registry.yarnpkg.com/matrix-js-sdk/-/matrix-js-sdk-38.3.0.tgz#5604a76db018bbe1876794bf1f290d2e9fe2a35c"
+  integrity sha512-Mfrbhz3ihkh9FPKoYptbGihi+mMXF7NBvckVLeQmgD5428bQ/1ItQOrioOlJCdWIbCIvJ3k0mBA43AoJqNYdfQ==
   dependencies:
     "@babel/runtime" "^7.12.5"
-    "@matrix-org/matrix-sdk-crypto-wasm" "^15.1.0"
+    "@matrix-org/matrix-sdk-crypto-wasm" "^15.2.0"
     another-json "^0.2.0"
     bs58 "^6.0.0"
     content-type "^1.0.4"