diff --git a/docs/cli.md b/docs/cli.md
index 4a950a9b2a5..d5d02a74c63 100644
--- a/docs/cli.md
+++ b/docs/cli.md
@@ -1360,8 +1360,21 @@ The option `--next-phase` allows the increment of prerelease phase versions.
 | prerelease --next-phase | 1.0.3b0  | 1.0.3rc0 |
 | prerelease --next-phase | 1.0.3rc0 | 1.0.3    |
 
+The option `--dev` creates or bumps development release versions for bump rules.
+
+| rule                           | before        | after         |
+|--------------------------------|---------------|---------------|
+| major --dev                    | 1.1.0         | 2.0.0.dev0    |
+| major --dev                    | 2.0.0.dev0    | 2.0.0.dev1    |
+| major                          | 2.0.0.dev1    | 2.0.0         |
+| prerelease --dev               | 1.1.0         | 1.1.1a0.dev0  |
+| prerelease --dev               | 1.1.1a0.dev0  | 1.1.1a0.dev1  |
+| prerelease                     | 1.1.1a0.dev1  | 1.1.1a0       |
+| prerelease --next-phase --dev  | 1.1.0a2.dev1  | 1.1.0b0.dev0  |
+
 #### Options
 
+* `--dev`: Create or bump a development release for a bump rule.
 * `--next-phase`: Increment the phase of the current version.
 * `--short (-s)`: Output the version number only.
 * `--dry-run`: Do not update pyproject.toml file.
diff --git a/src/poetry/console/commands/version.py b/src/poetry/console/commands/version.py
index f3b1575927c..f80f6c428b0 100644
--- a/src/poetry/console/commands/version.py
+++ b/src/poetry/console/commands/version.py
@@ -22,6 +22,17 @@ class VersionCommand(Command):
         "Shows the version of the project or bumps it when a valid "
         "bump rule is provided."
     )
+    BUMP_RULES: ClassVar[frozenset[str]] = frozenset(
+        {
+            "major",
+            "minor",
+            "patch",
+            "premajor",
+            "preminor",
+            "prepatch",
+            "prerelease",
+        }
+    )
 
     arguments: ClassVar[list[Argument]] = [
         argument(
@@ -38,6 +49,7 @@ class VersionCommand(Command):
             "Do not update pyproject.toml file",
         ),
         option("next-phase", None, "Increment the phase of the current version"),
+        option("dev", None, "Create or bump a development release for a bump rule"),
     ]
 
     help = """\
@@ -54,7 +66,10 @@ def handle(self) -> int:
 
         if version:
             version = self.increment_version(
-                self.poetry.package.pretty_version, version, self.option("next-phase")
+                self.poetry.package.pretty_version,
+                version,
+                self.option("next-phase"),
+                self.option("dev"),
             )
 
             if self.option("short"):
@@ -87,7 +102,7 @@ def handle(self) -> int:
         return 0
 
     def increment_version(
-        self, version: str, rule: str, next_phase: bool = False
+        self, version: str, rule: str, next_phase: bool = False, dev: bool = False
     ) -> Version:
         from poetry.core.constraints.version import Version
 
@@ -96,6 +111,12 @@ def increment_version(
         except InvalidVersionError:
             raise ValueError("The project's version doesn't seem to follow semver")
 
+        if dev and rule not in self.BUMP_RULES:
+            raise ValueError(
+                "The --dev option can only be used with a bump rule, "
+                "not an explicit version."
+            )
+
         if rule in {"major", "premajor"}:
             new = parsed.next_major()
             if rule == "premajor":
@@ -109,7 +130,9 @@ def increment_version(
             if rule == "prepatch":
                 new = new.first_prerelease()
         elif rule == "prerelease":
-            if parsed.is_unstable():
+            if parsed.dev is not None and (not next_phase or parsed.pre is None):
+                new = parsed.without_devrelease()
+            elif parsed.is_unstable():
                 pre = parsed.pre
                 assert pre is not None
                 pre = pre.next_phase() if next_phase else pre.next()
@@ -119,4 +142,10 @@ def increment_version(
         else:
             new = Version.parse(rule)
 
+        if dev:
+            if parsed.dev is not None and new == parsed.without_devrelease():
+                new = parsed.next_devrelease()
+            else:
+                new = new.first_devrelease()
+
         return new
diff --git a/tests/console/commands/test_version.py b/tests/console/commands/test_version.py
index 5741cf3d9f5..4e471568232 100644
--- a/tests/console/commands/test_version.py
+++ b/tests/console/commands/test_version.py
@@ -89,6 +89,80 @@ def test_next_phase_version(
     assert command.increment_version(version, rule, True).text == expected
 
 
+@pytest.mark.parametrize(
+    "version, rule, next_phase, expected",
+    [
+        ("1.1.0", "major", False, "2.0.0.dev0"),
+        ("1.1.0", "minor", False, "1.2.0.dev0"),
+        ("1.1.0", "patch", False, "1.1.1.dev0"),
+        ("1.1.0", "premajor", False, "2.0.0a0.dev0"),
+        ("1.1.0", "preminor", False, "1.2.0a0.dev0"),
+        ("1.1.0", "prepatch", False, "1.1.1a0.dev0"),
+        ("1.1.0", "prerelease", False, "1.1.1a0.dev0"),
+        ("2.0.0.dev0", "major", False, "2.0.0.dev1"),
+        ("1.1.0.dev0", "minor", False, "1.1.0.dev1"),
+        ("1.1.1a0.dev0", "prerelease", False, "1.1.1a0.dev1"),
+    ],
+)
+def test_dev_version_creates_or_increments_dev_release(
+    version: str,
+    rule: str,
+    next_phase: bool,
+    expected: str,
+    command: VersionCommand,
+) -> None:
+    assert (
+        command.increment_version(version, rule, next_phase, dev=True).text == expected
+    )
+
+
+@pytest.mark.parametrize(
+    "version, rule, next_phase, expected",
+    [
+        ("1.1.1.dev0", "minor", False, "1.2.0.dev0"),
+        ("1.1.0a2.dev1", "prerelease", True, "1.1.0b0.dev0"),
+    ],
+)
+def test_dev_version_resets_dev_release_when_base_changes(
+    version: str,
+    rule: str,
+    next_phase: bool,
+    expected: str,
+    command: VersionCommand,
+) -> None:
+    assert (
+        command.increment_version(version, rule, next_phase, dev=True).text == expected
+    )
+
+
+@pytest.mark.parametrize(
+    "version, rule, next_phase, expected",
+    [
+        ("2.0.0.dev1", "major", False, "2.0.0"),
+        ("1.1.1a0.dev1", "prerelease", False, "1.1.1a0"),
+        ("1.1.0a2.dev1", "prerelease", True, "1.1.0b0"),
+    ],
+)
+def test_version_without_dev_flag_removes_dev_release(
+    version: str,
+    rule: str,
+    next_phase: bool,
+    expected: str,
+    command: VersionCommand,
+) -> None:
+    assert command.increment_version(version, rule, next_phase).text == expected
+
+
+def test_dev_option_requires_bump_rule(command: VersionCommand) -> None:
+    with pytest.raises(ValueError) as e:
+        command.increment_version("1.0.0", "2.0.0", dev=True)
+
+    assert (
+        str(e.value) == "The --dev option can only be used with a bump rule, "
+        "not an explicit version."
+    )
+
+
 def test_version_show(tester: CommandTester) -> None:
     tester.execute()
     assert tester.io.fetch_output() == "simple-project 1.2.3\n"
@@ -124,6 +198,13 @@ def test_phase_version_update(tester: CommandTester) -> None:
     assert tester.io.fetch_output() == "Bumping version from 1.2.4a0 to 1.2.4b0\n"
 
 
+def test_dev_version_update(tester: CommandTester) -> None:
+    assert isinstance(tester.command, VersionCommand)
+    tester.command.poetry.package._set_version("1.1.0")
+    tester.execute("major --dev")
+    assert tester.io.fetch_output() == "Bumping version from 1.1.0 to 2.0.0.dev0\n"
+
+
 def test_dry_run(tester: CommandTester) -> None:
     assert isinstance(tester.command, VersionCommand)
     old_pyproject = tester.command.poetry.file.path.read_text(encoding="utf-8")