All the details on Demi Lovato’s engagement ring from Max Ehrich

Demi Lovato has a lot to smile about.

The “Anyone” singer, 27, stunned fans on Thursday morning when she announced that her boyfriend, actor Max Ehrich, proposed with an enormous emerald-cut engagement ring designed by jeweler Peter Marco.

Lovato posted a series of photos on her Instagram, wearing a white dress and sporting red nails to accent her ring, which experts estimate could be worth up to $850,000.

“With a stunning helicopter pad of an emerald-cut center diamond and the classic pairing with trapezoid side stones, Demi’s ring looks to make it to the hall of fame of celebrity engagement rings,” Ira Weissman, founder of The Diamond Pro, told Page Six Style.

“The approximately 5-carat diamond is clearly of the highest quality and could easily fetch over $250,000.”

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Shannon Delany-Ron, director of communications at JamesAllen.com, estimates the sparkler to be closer to 7 carats, and worth up to $300,000. More than the stunning beauty, the design of the ring represents something special, according to Delany-Ron.

“Three-stone rings like Demi’s hold a symbolic meaning and represent the past, present and future of a relationship. Beauty and precision are hallmarks of emerald-cut diamonds,” she said.

“This timeless style is a popular choice for engagement rings. Meghan Markle wears a similar three-stone ring and Jennifer Lopez, Amal Clooney and Jennifer Lawrence all have said ‘yes’ to emerald-cut engagement rings.”

And Kathryn Money, SVP of merchandising and retail expansion for Brilliant Earth, said Lovato’s ring might even larger and more valuable: between 9.5 and 11.5 carats, according to her estimate, with a price tag anywhere from $450,000 to $850,000.

Ehrich may have had some help picking out the ring; some eagle-eyed fans noted on Twitter that the bold emerald-cut style is nearly identical to the fake engagement ring that the singer wore in her 2018 “Tell Me You Love Me” music video.

The couple have been dating since early 2020, with rumors of their plans to wed swirling in the past months. And Ehrich and Lovato have been posting tons of loved-up photos and messages on their Instagrams while in quarantine together during the coronavirus pandemic.

Congratulations to the affianced couple!