Change of OAuth Redirect URI from Dev Sandbox to Prod

Hi,

Can we change the Redirect URLs for the REST API API when it is moved from Dev Sandbox to Production ?

The Scenario is :
1. We have a REST API OAuth App(3-legged OAuth flow authorization code)

2. We develop our app in Dev Sandbox and the redirect URL points to our Dev Server say https:/mydev/handle/oauth

3.After we pass the graduation tests we apply for production and get the Production approval.

4. At this point (move to prod with prod credentials) can we change the redirect url that points to our Production Server say https:/myprod/handle/oauth ?

Thanks &Regards,

Raja