diff --git a/sdv/datasets/demo.py b/sdv/datasets/demo.py
index 0589541f8..c6220af4f 100644
--- a/sdv/datasets/demo.py
+++ b/sdv/datasets/demo.py
@@ -224,6 +224,12 @@ def is_direct_json_under_prefix(key):
                 raw = _get_data_from_bucket(key, bucket=bucket, client=client)
                 metadict = json.loads(raw)
                 if isinstance(metadict, dict) and metadict.get('METADATA_SPEC_VERSION') == version:
+                    if version != 'V2':
+                        warnings.warn(
+                            'An updated metadata V2 is not available for this dataset so the V1 '
+                            'metadata was returned.\nYou should be able to model and sample with '
+                            'the V1 metadata, but please report this issue to the DataCebo.'
+                        )
                     return raw
 
             except Exception:
diff --git a/tests/integration/datasets/test_demo.py b/tests/integration/datasets/test_demo.py
index 8799bc298..d1c347367 100644
--- a/tests/integration/datasets/test_demo.py
+++ b/tests/integration/datasets/test_demo.py
@@ -137,6 +137,20 @@ def test_download_demo_adventure_works_raises_warning(preprocess_mock):
         download_demo(modality='multi_table', dataset_name='adventure-works')
 
 
+def test_download_demo_raise_warning_v2_metadata():
+    """Test that a warning is raised if the V2 metadata is not available."""
+    # Setup
+    expected_warning = re.escape(
+        'An updated metadata V2 is not available for this dataset so the V1 '
+        'metadata was returned.\nYou should be able to model and sample with'
+        ' the V1 metadata, but please report this issue to the DataCebo.'
+    )
+
+    # Run and Assert
+    with pytest.warns(UserWarning, match=expected_warning):
+        download_demo(modality='single_table', dataset_name='fake_hotel_guests')
+
+
 def test_save_resource(tmp_path):
     """Test saving an arbitary demo resource."""
     # Setup
diff --git a/tests/unit/datasets/test_demo.py b/tests/unit/datasets/test_demo.py
index ab1c93c54..1fdcd68de 100644
--- a/tests/unit/datasets/test_demo.py
+++ b/tests/unit/datasets/test_demo.py
@@ -417,6 +417,11 @@ def test__get_first_v2_metadata_bytes_falls_back_to_v1(mock_get):
     v2 = json.dumps({'METADATA_SPEC_VERSION': 'V1'}).encode()
     bad = b'not-json'
     v1 = json.dumps({'METADATA_SPEC_VERSION': 'V1'}).encode()
+    expected_warning = re.escape(
+        'An updated metadata V2 is not available for this dataset so the V1 '
+        'metadata was returned.\nYou should be able to model and sample with'
+        ' the V1 metadata, but please report this issue to the DataCebo.'
+    )
 
     def side_effect(key, bucket, client):
         return {
@@ -433,9 +438,10 @@ def side_effect(key, bucket, client):
     ]
 
     # Run
-    got = _get_first_v2_metadata_bytes(
-        contents, 'single_table/dataset/', bucket='test_bucket', client=None
-    )
+    with pytest.warns(UserWarning, match=expected_warning):
+        got = _get_first_v2_metadata_bytes(
+            contents, 'single_table/dataset/', bucket='test_bucket', client=None
+        )
 
     # Assert
     assert got == v1