By Olivia Bahou
Updated Jan 29, 2016 @ 10:30 am
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Mariah Carey and James Packer attend the 2016 G'Day Los Angeles Gala at Vibiana on January 28, 2016 in Los Angeles, California.
Credit: Jonathan Leibson/Getty Images

Ever since Mariah Carey announced her engagement to billionaire businessman James Packer last week, we’ve been waiting with bated breath to get a clear look at the songstress with her jaw-dropping 35-carat ring. Last night Carey delivered by stepping out at the 2016 G’Day Los Angeles Gala in her first red carpet appearance with Packer since announcing the impending nuptials.

The couple appeared happily in love when captured together on the red carpet (above), and Carey’s massive diamond was on full display. On Carey’s hand, the Wilfredo Rosado piece appeared even larger than we imagined (and practically weighed down her finger).

Mariah Carey arrives at the 2016 G'Day Los Angeles Gala at Vibiana on January 28, 2016 in Los Angeles, California.
Credit: Steve Granitz/WireImage

The star looked stunning in a sparkly black V-neck gown and pin-straight stands and paired the look with minimal accessories to let her new ice take center stage.

We’re wishing the best to the happy couple!