By Jennifer Davis
Updated Nov 05, 2015 @ 11:45 am
John Shearer/WireImage

Hannah Davis and Derek Jeter confirmed their engagement just this week, but it didn't take long for us to get a glimpse of her gorgeous sparkler. Last night the supermodel stepped out to attend the CMA Awards in Nashville wearing a figure-hugging J. Mendel gown, but it was her stunning engagement ring that really stole the show.

At the event, an exquisite round-cut diamond set in a pavé band was perched on her perfectly manicured finger (below). And we have to say, the jaw-dropping ring complemented her sexy cut-out dress flawlessly. Davis finished off her look with statement drop earrings by Nigaam and silver Brian Atwood sandals.

Jon Kopaloff/FilmMagic

Earlier this week Jeter took to his site to write about the other love in his life, his dog, and dropped that his "fiancé" gifted him the pooch for Christmas. While the announcement may have been subtle, Davis's gorgeous rock is one for the ages.