Engagement ring or not, there's no denying Dua's sparkler is blinding in more ways than one. The dazzling, round-cut diamond is estimated to have cost Callum at least £30,000 ($37,000) according to jeweller Maxwell Stone. "Dua Lipa’s engagement ring is an undeniable statement piece that reflects her bold, glamorous style," explained Stone.

Lipa was then spotted at Chanel’s Haute Couture Spring-Summer 2025 show at Paris Fashion Week on Wednesday,Jan. 28, seemingly concealing her ring finger under an elegant black C

There’s been plenty of speculation around Dua Lipa and Callum Turner’s relationship lately, with fans pointing out a massive diamond on the singer’s ring finger last December. Come February, Lipa has yet to take the jewelry off—even showing it off front and center in her latest Instagram photo dump.

Rumored to be worth $30,000, Lipa's new ring features a diamond embedded in a thick gold band. Engagement ring experts have already begun to appraise the singer's new piece of jewelry. 77 Diamonds expert Anya Walsh recently told the Daily Mail, "The slightly wider than average band gives the ring a confident, chunky feel."