Iggy Azalea's Engagement Ring Is Every Bit As Fancy As You'd Imagine It To Be — PHOTOS

Swaggy P put a ring on it! Iggy Azalea and Nick Young got engaged Monday night after the Lakers star proposed during his 30th birthday celebration. Video of the proposal made its rounds online, and of course it's as adorable as you'd expect. Without hesitation, Azalea posted lots of photos of her beautiful engagement ring, and man, that is one fancy rock.

The Instagram photos show Azalea sporting her new ice, which was created by Jason of Beverly Hills. The appropriately named ring is an 8.15-carat "Fancy Intense Yellow" cushion cut center stone surrounded by 2.28 carats of white diamonds set on 18-carat white gold. According to New York Daily News, the ring is estimated to be worth $500,000. The canary ring matches the rapper's blonde locks, and you can tell Young had that in mind when he picked it up. IMHO, this jaw-dropping ring should live up to Azalea's luxurious habits, if not more. I mean, it almost goes knuckle to knuckle.

The ring close-up is captioned, "Happiest Day," with the hashtag #Isaidyes. The rapper then posted two adorable photos of her, Young, and the not-so-subtle rock. The photos show the couple smiling and kissing and are captioned with hearts and a declaration of the rapper's love. The two, who have been together for a year and a half, have always been pretty PDA with their relationship, and the proposal video and engagement ring photos live up to the baller couple's reputation. Congratulations, and we can't wait for the wedding!