diff --git a/.versions b/.versions
index 75f7eb148853e..f8b0b43eb8e49 100644
--- a/.versions
+++ b/.versions
@@ -18,7 +18,7 @@ PNPM_VERSION=8.10.3
 PYENV_GIT_TAG=v2.3.25
 PYTHON_INSPECTOR_VERSION=0.10.0
 PYTHON_PIPENV_VERSION=2023.10.24
-PYTHON_POETRY_VERSION=1.6.1
+PYTHON_POETRY_VERSION=1.7.0
 PYTHON_VERSION=3.11.5
 RUBY_VERSION=3.1.2
 RUST_VERSION=1.72.0
diff --git a/Dockerfile b/Dockerfile
index 15ab73f615760..b791e68e7e3c8 100644
--- a/Dockerfile
+++ b/Dockerfile
@@ -149,7 +149,7 @@ RUN curl -kSs https://pyenv.run | bash \
 ARG CONAN_VERSION=1.61.0
 ARG PYTHON_INSPECTOR_VERSION=0.10.0
 ARG PYTHON_PIPENV_VERSION=2023.10.24
-ARG PYTHON_POETRY_VERSION=1.6.1
+ARG PYTHON_POETRY_VERSION=1.7.0
 ARG PIPTOOL_VERSION=23.3.1
 ARG SCANCODE_VERSION=32.0.8
 
diff --git a/Dockerfile-legacy b/Dockerfile-legacy
index e342913358284..ab805775dcc7e 100644
--- a/Dockerfile-legacy
+++ b/Dockerfile-legacy
@@ -80,7 +80,7 @@ ENV \
     PNPM_VERSION=8.10.3 \
     PIPTOOL_VERSION=23.3.1 \
     PYTHON_PIPENV_VERSION=2023.10.24 \
-    PYTHON_POETRY_VERSION=1.6.1 \
+    PYTHON_POETRY_VERSION=1.7.0 \
     SBT_VERSION=1.9.7 \
     SWIFT_VERSION=5.8.1 \
     YARN_VERSION=1.22.19 \