Iggy Azalea is engaged

Iggy Azalea is set to walk down the aisle after her NBA player beau Nick Young popped the question.

Young proposed to the Australian rapper at his 30th birthday party yesterday, WA time, in Los Angeles. He presented Azalea, left with Young, with a huge 43-carat engagement ring.

The Jason of Beverly Hills sparkler is reportedly valued at $500,000 and features a yellow centre stone surrounded by white diamonds.

A video of the proposal surfaced on social media, where Young is seen getting down on bended knee and asking Azalea “Will you marry me”, to which she quickly replies “Yes”.

The lovebirds have been together for about 18 months and Young, who plays for the Los Angeles Lakers, recently hinted that marriage was on the cards in an interview.

The engagement comes just days after Azalea, 24, suddenly cancelled her upcoming world tour, much to the dismay of her fans.

She later apologised via social media and said she was working on a new album.