diff --git a/meilisearch-http/src/index/dump.rs b/meilisearch-http/src/index/dump.rs
index 3b10a1562..7df704339 100644
--- a/meilisearch-http/src/index/dump.rs
+++ b/meilisearch-http/src/index/dump.rs
@@ -8,7 +8,9 @@ use heed::RoTxn;
 use indexmap::IndexMap;
 use milli::update::{IndexDocumentsMethod, UpdateFormat::JsonStream};
 use serde::{Deserialize, Serialize};
+use serde_json::Value;
 
+use crate::index_controller::{asc_ranking_rule, desc_ranking_rule};
 use crate::option::IndexerOpts;
 
 use super::error::Result;
@@ -93,10 +95,22 @@ impl Index {
 
         let meta_path = src.as_ref().join(META_FILE_NAME);
         let mut meta_file = File::open(meta_path)?;
+
+        // We first deserialize the dump meta into a serde_json::Value and change
+        // the custom ranking rules settings from the old format to the new format.
+        let mut meta: Value = serde_json::from_reader(&mut meta_file)?;
+        if let Some(ranking_rules) = meta.pointer_mut("/settings/rankingRules") {
+            convert_custom_ranking_rules(ranking_rules);
+        }
+
+        // Then we serialize it back into a vec to deserialize it
+        // into a `DumpMeta` struct with the newly patched `rankingRules` format.
+        let patched_meta = serde_json::to_vec(&meta)?;
+
         let DumpMeta {
             settings,
             primary_key,
-        } = serde_json::from_reader(&mut meta_file)?;
+        } = serde_json::from_slice(&patched_meta)?;
         let settings = settings.check();
         let index = Self::open(&dst_dir_path, size)?;
         let mut txn = index.write_txn()?;
@@ -132,3 +146,25 @@ impl Index {
         Ok(())
     }
 }
+
+/// Converts the ranking rules from the format `asc(_)`, `desc(_)` to the format `_:asc`, `_:desc`.
+///
+/// This is done for compatibility reasons, and to avoid a new dump version,
+/// since the new syntax was introduced soon after the new dump version.
+fn convert_custom_ranking_rules(ranking_rules: &mut Value) {
+    *ranking_rules = match ranking_rules.take() {
+        Value::Array(values) => values
+            .into_iter()
+            .filter_map(|value| match value {
+                Value::String(s) if s.starts_with("asc") => asc_ranking_rule(&s)
+                    .map(|f| format!("{}:asc", f))
+                    .map(Value::String),
+                Value::String(s) if s.starts_with("desc") => desc_ranking_rule(&s)
+                    .map(|f| format!("{}:desc", f))
+                    .map(Value::String),
+                otherwise => Some(otherwise),
+            })
+            .collect(),
+        otherwise => otherwise,
+    }
+}
diff --git a/meilisearch-http/src/index_controller/dump_actor/loaders/v1.rs b/meilisearch-http/src/index_controller/dump_actor/loaders/v1.rs
index 3c22a8236..997fd2801 100644
--- a/meilisearch-http/src/index_controller/dump_actor/loaders/v1.rs
+++ b/meilisearch-http/src/index_controller/dump_actor/loaders/v1.rs
@@ -12,6 +12,7 @@ use serde::{Deserialize, Deserializer, Serialize};
 use uuid::Uuid;
 
 use crate::index_controller::{self, uuid_resolver::HeedUuidStore, IndexMetadata};
+use crate::index_controller::{asc_ranking_rule, desc_ranking_rule};
 use crate::{
     index::{update_handler::UpdateHandler, Index, Unchecked},
     option::IndexerOpts,
@@ -138,20 +139,6 @@ fn load_index(
     Ok(())
 }
 
-/// Parses the v1 version of the Asc ranking rules `asc(price)`and returns the field name.
-fn asc_ranking_rule(text: &str) -> Option<&str> {
-    text.split_once("asc(")
-        .and_then(|(_, tail)| tail.rsplit_once(")"))
-        .map(|(field, _)| field)
-}
-
-/// Parses the v1 version of the Desc ranking rules `asc(price)`and returns the field name.
-fn desc_ranking_rule(text: &str) -> Option<&str> {
-    text.split_once("desc(")
-        .and_then(|(_, tail)| tail.rsplit_once(")"))
-        .map(|(field, _)| field)
-}
-
 /// we need to **always** be able to convert the old settings to the settings currently being used
 impl From<Settings> for index_controller::Settings<Unchecked> {
     fn from(settings: Settings) -> Self {
diff --git a/meilisearch-http/src/index_controller/mod.rs b/meilisearch-http/src/index_controller/mod.rs
index a90498b9c..ca8c98f83 100644
--- a/meilisearch-http/src/index_controller/mod.rs
+++ b/meilisearch-http/src/index_controller/mod.rs
@@ -439,3 +439,17 @@ pub async fn get_arc_ownership_blocking<T>(mut item: Arc<T>) -> T {
         }
     }
 }
+
+/// Parses the v1 version of the Asc ranking rules `asc(price)`and returns the field name.
+pub fn asc_ranking_rule(text: &str) -> Option<&str> {
+    text.split_once("asc(")
+        .and_then(|(_, tail)| tail.rsplit_once(")"))
+        .map(|(field, _)| field)
+}
+
+/// Parses the v1 version of the Desc ranking rules `asc(price)`and returns the field name.
+pub fn desc_ranking_rule(text: &str) -> Option<&str> {
+    text.split_once("desc(")
+        .and_then(|(_, tail)| tail.rsplit_once(")"))
+        .map(|(field, _)| field)
+}