watchOS 5.0 (build 16R5334f) is an official Apple over-the-air update for the Apple Watch Series 3 (38mm, LTE), released on 2018-07-30T17:10:05Z. The update package is 710.68 MB. This is a delta (partial) update that requires 4.2.3 already installed. This update is no longer signed by Apple, meaning it can no longer be applied on-device through Settings.

Payload file: faa156759a39211c5561e668031449a7de3e2a6b.zip.