diff --git a/packages/main/cypress/specs/ToolbarSelect.cy.tsx b/packages/main/cypress/specs/ToolbarSelect.cy.tsx
index 1c07e3644ea1..5f10a2d145fe 100644
--- a/packages/main/cypress/specs/ToolbarSelect.cy.tsx
+++ b/packages/main/cypress/specs/ToolbarSelect.cy.tsx
@@ -605,6 +605,70 @@ describe("Toolbar general interaction", () => {
 		cy.get("[ui5-toolbar-select-option]").eq(2).should("have.attr", "selected");
 		cy.get("[ui5-toolbar-select-option]").eq(0).should("not.have.attr", "selected");
 		cy.get("[ui5-toolbar-select-option]").eq(1).should("not.have.attr", "selected");
-		cy.get("ui5-select", { includeShadowDom: true }).should("have.attr", "value", "3");
+		cy.get("[ui5-toolbar]")
+			.find("[ui5-toolbar-select]")
+			.shadow()
+			.find("[ui5-select]")
+			.find("[ui5-option]")
+			.eq(2)
+			.should("have.attr", "selected");
+	});
+
+	it("Should clear the inner select when value is set to empty string after render", () => {
+		cy.mount(
+			<Toolbar>
+				<ToolbarSelect value="Option 2">
+					<ToolbarSelectOption>Option 1</ToolbarSelectOption>
+					<ToolbarSelectOption>Option 2</ToolbarSelectOption>
+					<ToolbarSelectOption>Option 3</ToolbarSelectOption>
+				</ToolbarSelect>
+			</Toolbar>
+		);
+
+		cy.document().then(doc => {
+			const select = doc.querySelector("ui5-toolbar-select") as ToolbarSelect;
+			select.value = "";
+		});
+
+		cy.get("[ui5-toolbar]")
+			.find("[ui5-toolbar-select]")
+			.shadow()
+			.find("[ui5-select]")
+			.should("have.attr", "value", "");
+	});
+
+	it("Should not let stale _value override a later programmatic selected change", () => {
+		cy.mount(
+			<>
+				<Toolbar>
+					<ToolbarSelect value="Option 1">
+						<ToolbarSelectOption id="prog-opt1">Option 1</ToolbarSelectOption>
+						<ToolbarSelectOption id="prog-opt2">Option 2</ToolbarSelectOption>
+						<ToolbarSelectOption id="prog-opt3">Option 3</ToolbarSelectOption>
+					</ToolbarSelect>
+				</Toolbar>
+				<Button id="prog-btn">Select Option 3</Button>
+			</>
+		);
+
+		cy.get("#prog-btn").then($btn => {
+			$btn.get(0).addEventListener("click", () => {
+				const options = document.querySelectorAll("ui5-toolbar-select-option");
+				options.forEach(opt => { (opt as ToolbarSelectOption).selected = false; });
+				(document.getElementById("prog-opt3") as ToolbarSelectOption).selected = true;
+			});
+		});
+
+		cy.get("#prog-btn").realClick();
+
+		cy.get("[ui5-toolbar-select-option]").eq(2).should("have.attr", "selected");
+		cy.get("[ui5-toolbar-select-option]").eq(0).should("not.have.attr", "selected");
+		cy.get("[ui5-toolbar]")
+			.find("[ui5-toolbar-select]")
+			.shadow()
+			.find("[ui5-select]")
+			.find("[ui5-option]")
+			.eq(2)
+			.should("have.attr", "selected");
 	});
 });
\ No newline at end of file
diff --git a/packages/main/src/ToolbarSelect.ts b/packages/main/src/ToolbarSelect.ts
index 74fde918b1ad..9049b4193b41 100644
--- a/packages/main/src/ToolbarSelect.ts
+++ b/packages/main/src/ToolbarSelect.ts
@@ -154,14 +154,22 @@ class ToolbarSelect extends ToolbarItemBase {
 	 */
 	@property()
 	set value(newValue: string) {
-		if (this.select && this.select.value !== newValue) {
-			this.select.value = newValue;
+		if (this.select) {
+			if (this.select.value !== newValue) {
+				this.select.value = newValue;
+			}
+			this._value = "";
+		} else {
+			this._value = newValue;
 		}
-		this._value = newValue;
 	}
 
 	get value(): string | undefined {
-		return this.select ? this.select.value : this._value;
+		if (this._value) {
+			return this._value;
+		}
+		const selectedOption = this.options.find(o => o.selected);
+		return selectedOption?.textContent || this.select?.value || "";
 	}
 
 	get select(): Select | null {
@@ -195,6 +203,30 @@ class ToolbarSelect extends ToolbarItemBase {
 		}
 	}
 
+	onBeforeRendering(): void {
+		super.onBeforeRendering();
+		let lastSelectedIndex = -1;
+		this.options.forEach((option, index) => {
+			if (option.selected) {
+				lastSelectedIndex = index;
+			}
+		});
+		this.options.forEach((option, index) => {
+			const shouldBeSelected = index === lastSelectedIndex;
+			if (option.selected !== shouldBeSelected) {
+				option.selected = shouldBeSelected;
+			}
+		});
+	}
+
+	onAfterRendering(): void {
+		super.onAfterRendering();
+		if (this._value && this.select) {
+			this.select.value = this._value;
+			this._value = "";
+		}
+	}
+
 	onChange(e: CustomEvent<SelectChangeEventDetail>): void {
 		e.stopImmediatePropagation();
 		const selectedOptionIndex = Number(e.detail.selectedOption?.getAttribute("data-ui5-external-action-item-index"));
@@ -208,6 +240,7 @@ class ToolbarSelect extends ToolbarItemBase {
 	}
 
 	_syncOptions(selectedOptionIndex: number): void {
+		this._value = "";
 		this.options.forEach((option: ToolbarSelectOption, index: number) => {
 			option.selected = index === selectedOptionIndex;
 		});
diff --git a/packages/main/src/ToolbarSelectOption.ts b/packages/main/src/ToolbarSelectOption.ts
index 9c324c8fa70a..5443e6bebad6 100644
--- a/packages/main/src/ToolbarSelectOption.ts
+++ b/packages/main/src/ToolbarSelectOption.ts
@@ -3,7 +3,6 @@ import type { DefaultSlot } from "@ui5/webcomponents-base/dist/UI5Element.js";
 import customElement from "@ui5/webcomponents-base/dist/decorators/customElement.js";
 import slot from "@ui5/webcomponents-base/dist/decorators/slot-strict.js";
 import property from "@ui5/webcomponents-base/dist/decorators/property.js";
-import type ToolbarSelect from "./ToolbarSelect.js";
 
 /**
  * @class
@@ -34,32 +33,7 @@ class ToolbarSelectOption extends UI5Element {
 	 * @public
 	 */
 	@property({ type: Boolean })
-	set selected(value: boolean) {
-		if (value) {
-			this.setAttribute("selected", "");
-			this._clearSiblingsAndSync();
-		} else {
-			this.removeAttribute("selected");
-		}
-	}
-
-	get selected(): boolean {
-		return this.hasAttribute("selected");
-	}
-
-	_clearSiblingsAndSync(): void {
-		const parent = this.parentElement as ToolbarSelect;
-		if (parent) {
-			parent.options?.forEach(option => {
-				if (option !== this) {
-					option.removeAttribute("selected");
-				}
-			});
-			if (parent.select) {
-				parent.select.value = this.value !== undefined && this.value !== "" ? this.value : (this.textContent || "");
-			}
-		}
-	}
+	selected = false;
 
 	/**
 	 * Defines the text of the component.
diff --git a/packages/main/src/ToolbarSelectTemplate.tsx b/packages/main/src/ToolbarSelectTemplate.tsx
index b1ffef24f03b..1ac2d1384de4 100644
--- a/packages/main/src/ToolbarSelectTemplate.tsx
+++ b/packages/main/src/ToolbarSelectTemplate.tsx
@@ -7,7 +7,6 @@ export default function ToolbarSelectTemplate(this: ToolbarSelect) {
 		<Select
 			class={this.classes.root}
 			style={this.styles}
-			value={this.value}
 			data-ui5-external-action-item-id={this._id}
 			valueState={this.valueState}
 			disabled={this.disabled}