The 24-year-old rapper showed off her sparkler on Instagram as she poses with her future hubby, 30, who looks very happy. She also shared a close up of her bling made by Jason of Beverly Hills.
The unique ring features an 8.15 carat cushion cut yellow diamond surrounded by 2.28 carats of white diamonds, E! News reports. The couple first connected on Twitter and has been dating since 2013.
"She was shocked and so excited and emotional at the same time," a source told E! News of the proposal in front of family and friends. "Nick has known for a long time Iggy was the one for him, but he was just waiting on the perfect time to pop the question. They both have gotten very close these past few months and he can't think of anyone else to spend his life with but her."
Congratulations to the happy couple!
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Gallery | Celebrity Engagements