diff --git a/runtime/contract_test.go b/runtime/contract_test.go
index 2c1250f866..f188075382 100644
--- a/runtime/contract_test.go
+++ b/runtime/contract_test.go
@@ -1060,10 +1060,17 @@ func TestRuntimeContractTryUpdate(t *testing.T) {
 		updateTx := []byte(`
 			transaction {
 				prepare(signer: auth(UpdateContract) &Account) {
-					signer.contracts.tryUpdate(
+					let code = "access(all) contract Foo { access(all) fun sayHello(): String {return \"hello\"} }".utf8
+
+					let deploymentResult = signer.contracts.tryUpdate(
 						name: "Foo",
-						code: "access(all) contract Foo { access(all) fun sayHello(): String {return \"hello\"} }".utf8,
+						code: code,
 					)
+
+					let deployedContract = deploymentResult.deployedContract!
+					assert(deployedContract.name == "Foo")
+					assert(deployedContract.address == 0x1)
+					assert(deployedContract.code == code)
 				}
 			}
 		`)
diff --git a/runtime/interpreter/value_deployment_result.go b/runtime/interpreter/value_deployment_result.go
index 21e8116b08..c39f2a25ed 100644
--- a/runtime/interpreter/value_deployment_result.go
+++ b/runtime/interpreter/value_deployment_result.go
@@ -31,7 +31,7 @@ var deploymentResultFieldNames []string = nil
 
 func NewDeploymentResultValue(
 	gauge common.MemoryGauge,
-	deployedContract Value,
+	deployedContract OptionalValue,
 ) Value {
 
 	return NewSimpleCompositeValue(
diff --git a/runtime/stdlib/account.go b/runtime/stdlib/account.go
index bbd14d105c..57a0071593 100644
--- a/runtime/stdlib/account.go
+++ b/runtime/stdlib/account.go
@@ -1664,11 +1664,14 @@ func newAccountContractsTryUpdateFunction(
 					}
 				}
 
+				var optionalDeployedContract interpreter.OptionalValue
 				if deployedContract == nil {
-					deployedContract = interpreter.Nil
+					optionalDeployedContract = interpreter.NilOptionalValue
+				} else {
+					optionalDeployedContract = interpreter.NewSomeValueNonCopying(invocation.Interpreter, deployedContract)
 				}
 
-				deploymentResult = interpreter.NewDeploymentResultValue(gauge, deployedContract)
+				deploymentResult = interpreter.NewDeploymentResultValue(gauge, optionalDeployedContract)
 			}()
 
 			deployedContract = changeAccountContracts(invocation, handler, addressValue, true)
diff --git a/runtime/tests/checker/account_test.go b/runtime/tests/checker/account_test.go
index 8699daf001..971d74d377 100644
--- a/runtime/tests/checker/account_test.go
+++ b/runtime/tests/checker/account_test.go
@@ -1110,6 +1110,18 @@ func TestCheckAccountContractsUpdate(t *testing.T) {
         `)
 		require.NoError(t, err)
 	})
+
+	t.Run("deployment result fields", func(t *testing.T) {
+		t.Parallel()
+
+		_, err := ParseAndCheck(t, `
+            fun test(contracts: auth(Contracts) &Account.Contracts) {
+                let deploymentResult: DeploymentResult = contracts.tryUpdate(name: "foo", code: "012".decodeHex())
+                let deployedContract: DeployedContract? = deploymentResult.deployedContract
+            }
+        `)
+		require.NoError(t, err)
+	})
 }
 
 func TestCheckAccountContractsRemove(t *testing.T) {