Lifestyle Style Are Justin Bieber and Hailey Baldwin Married? See the Band She's Wearing with Her Engagement Ring The model is wearing a wedding-like band along with her new engagement ring. See the photos By Brittany Talarico Brittany Talarico Brittany Talarico is PEOPLE's Deputy Style Director, where she oversees the brand's digital Style and Beauty coverage. This includes running lead on the Met Gala, which is among PEOPLE.com's top-trafficked red carpet events every year, interviewing the industry's top influencers (including all the Kardashian-Jenners), and breaking A-list celeb news (a New Jersey shore native, it is no surprise that her favorite interview ever was with Bruce Springsteen). Brittany is a style contributor to People Every Day Podcast and has represented the brand on national TV programs including Good Morning America and The CW's two TV specials on the British Royals. She joined PEOPLE from Cosmopolitan in 2013, where she was an Associate Editor. People Editorial Guidelines Published on July 9, 2018 04:10PM EDT Share Tweet Pin Email Justin Bieber brought some serious bling with him to the Bahamas. The singer proposed to Hailey Baldwin after only a few weeks of dating (but close to a decade of friendship) during a special island engagement moon, and the model is now wearing not one but two rings on her left hand. In photos circulating social media, Baldwin is seen wearing a huge oval diamond engagement ring set on what looks to be a rose gold pavé diamond band. A second solo wedding-like band is seen on top of the diamond. Soon-to-Be Bieber! A Closer Look at Hailey Baldwin’s Inner Circle and Modeling Career “Justin is of course ahead of the trends, selecting an oval stone for Hailey’s ring, which has been somewhat rare over the past decade but is making a huge resurgence,” Andrew Brown, President of WP Diamonds tells PEOPLE. “Hailey’s oval stone is about six carats, F-G color grade and VS clarity, making it one of the better diamonds out there. Set in an elegant rose gold pavé band, the retail on this stone would be around $400,000.” And while Baldwin is wearing what looks like a wedding band, a source tells PEOPLE this trip was all about an engagement. “Justin picked out the ring before they flew to the Bahamas,” a source close to the Canadian superstar, 24, told PEOPLE exclusively. “He took Hailey on a special trip to propose. She didn’t know.” Bieber was “nervous but excited,” ahead of the proposal, adds the source. “He is super happy that she said, ‘Yes.'” Justin Bieber and Hailey Baldwin Are Engaged! He’s ‘Extremely Happy,’ Says Source RELATED VIDEO: Justin Bieber and Hailey Baldwin Hit Washington State for Church and a Hot Tub Session The large oval diamond looks very similar to Blake Lively’s engagement ring from Ryan Reynolds, designed by Lorraine Schwartz. Baldwin, 21, often turns to the Schwartz with help accessorizing her red carpet looks, but a rep for the brand confirmed to PEOPLE that the jeweler is not behind the ring. Splash News Is This Hailey Baldwin’s Engagement Ring? Model Shows Off Diamond Sparkler On Sunday, PEOPLE confirmed that the Drop the Mic co-host and the singer are engaged. “It’s kind of a surprise, but kind of not. Justin has been extremely happy these past few weeks,” an insider said of Bieber’s proposal. “He has known Hailey for a long time. This might seem sudden, but they know each other very well.”