diff --git a/npm-shrinkwrap.json b/npm-shrinkwrap.json
index dbab4b475..e191e45e3 100644
--- a/npm-shrinkwrap.json
+++ b/npm-shrinkwrap.json
@@ -11,7 +11,7 @@
 			"dependencies": {
 				"@jridgewell/sourcemap-codec": "^1.5.0",
 				"@jridgewell/trace-mapping": "^0.3.25",
-				"@sapui5/types": "1.120.23",
+				"@sapui5/types": "1.120.24",
 				"@ui5/fs": "^4.0.1",
 				"@ui5/logger": "^4.0.1",
 				"@ui5/project": "^4.0.4",
@@ -3266,9 +3266,10 @@
 			}
 		},
 		"node_modules/@sapui5/types": {
-			"version": "1.120.23",
-			"resolved": "https://registry.npmjs.org/@sapui5/types/-/types-1.120.23.tgz",
-			"integrity": "sha512-qnIY6TTxeKi7WPiezXr/8SLIf6Loi3InTosDz52P9OkQ6AypPsAAcCvdta4hsKfEkNOhxieAKo5wIdWzpB8Z2A==",
+			"version": "1.120.24",
+			"resolved": "https://registry.npmjs.org/@sapui5/types/-/types-1.120.24.tgz",
+			"integrity": "sha512-ZFSuQt4Bo5FiK72uxAIOxTDHpzyJWjNxzlbQzE3H54D9QRDpqDTkezQf+FP49B+TUotQLGS+rTaXV2ApQ2agSQ==",
+			"license": "SEE LICENSE IN LICENSE.txt",
 			"dependencies": {
 				"@types/jquery": "3.5.13",
 				"@types/offscreencanvas": "2019.6.4",
diff --git a/package.json b/package.json
index 7d17e2d84..a4ec2c5d6 100644
--- a/package.json
+++ b/package.json
@@ -67,7 +67,7 @@
 	"dependencies": {
 		"@jridgewell/sourcemap-codec": "^1.5.0",
 		"@jridgewell/trace-mapping": "^0.3.25",
-		"@sapui5/types": "1.120.23",
+		"@sapui5/types": "1.120.24",
 		"@ui5/fs": "^4.0.1",
 		"@ui5/logger": "^4.0.1",
 		"@ui5/project": "^4.0.4",
diff --git a/resources/api-extract.json b/resources/api-extract.json
index 8704f1661..f6c6c9179 100644
--- a/resources/api-extract.json
+++ b/resources/api-extract.json
@@ -1,7 +1,7 @@
 {
   "framework": {
     "name": "SAPUI5",
-    "version": "1.120.23"
+    "version": "1.120.24"
   },
   "defaultAggregations": {
     "sap.ca.ui.CustomerControlListItem": "content",