Bieber proposed while on vacation in the Bahamas, giving Hailey a truly massive diamond ring that was photographed by fans during their trip.
So, how much cash did Justin throw down for this rock? A lot. TMZ reports that Bieber spent "around half a mil" on Hailey's ring—and jewelry designer Jack Solow says it's between six to ten carats. Apparently, Jack met Justin at his NYC hotel to deliver it right before he and Hailey left for their vacation.
Hailey's been spotted with the ring since, most recently during a Brooklyn date night:
This article originally appeared on Cosmopolitan.com. Minor edits have been made by the Cosmo.ph editors.