Great news hit the internet when Demi announced that she is officially off the market. Taking to Instagram, the singer and song-writer shared a series of photos at the beach accompanied by the announcement that she is engaged to soap opera actor, Max Ehrich.

Captioning the post she says, “I knew I loved you the moment I met you. It was something I can’t describe to anyone who hasn’t experienced it firsthand but luckily you did too. I’ve never felt so unconditionally loved by someone in my life (other than my parents) flaws and all."

READ MORE: Mariah Carey sold her R146 million ring for just R30 million - here's what other celebs did with their rings after their engagements were called off

The pair began dating in March this year and have been quarantining together since the pandemic began. Dressed in a white dress, red lips and diamond rings, Demi showcased her gorgeous classic and timeless engagement ring.

Demi Lovato's engagement ring.
Demi Lovato's engagement ring. Screenshot via Instagram/ @ddlovat

The emerald-cut ring by Rodeo Drive based jeweler, Peter Marco looks to be set in platinum, is surrounded by what appears to be two pentagonal-cut stones costing over $250, 000 (about R4 million). This type of stone is popular among celebrities, including Beyoncé and Sarah Jessica Parker.

Following Demi Lovato's recent engagement announcement, we look back at celebville's most expensive engagement rings in recent history.

J.Lo’s most recent diamond engagement ring has been estimated to cost about $1 million (R14.3 million), with some speculating $5 million dollars.

Watch how other A-list engagement ring values compare to this amount:

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