John Ibrahim and long-time partner Sarah Budge are ENGAGED as he proposes with huge diamond

John Ibrahim and his long-time partner Sarah Budge are set to walk down the aisle.

A source confirmed to Daily Mail Australia this week that the couple recently got engaged. 

Former model Sarah flashed her huge diamond engagement ring while taking the couple’s son Elvis for a walk around Double Bay on Thursday. 

Wedding bells! John Ibrahim and his long-time partner Sarah Budge (pictured) are engaged. Former model Sarah flashed her huge diamond engagement ring while taking the couple’s son Elvis for a walk around Double Bay on Thursday

The impressive sparkler, which features a giant oval centre stone surrounded by round diamonds, was designed by House of K’dor and appears to be around 8-carats.

Daily Mail Australia has reached out to John for comment. 

The ring featured prominently as Sarah pushed Elvis’ stroller through the expensive Sydney suburb while wearing a black furry coat. 

She continued the black theme with dark leggings and sneakers. 

All that glitters: The impressive sparkler, which features a giant oval centre stone surrounded by round diamonds, was designed by House of K’dor and appears to be around 8-carats

In love: Sarah and John have been dating since 2015 after meeting when John bought the Potts Point building where she ran a restaurant. (They are pictured here in March 2021)

A girl’s best friend: The ring featured prominently as Sarah pushed Elvis’ stroller through the expensive Sydney suburb while wearing a black furry coat

She shielded her gaze behind a pair of dark designer shades. 

The couple’s son Elvis was born in September last year, and it’s understood the baby arrived on August 31.

The King’s Cross identity has two other children from past relationships, including a grown-up son, Daniel, 31.

Happy couple: The couple’s son Elvis was born in September last year, and it’s understood the baby arrived on August 31

He also has a seven-year-old child who he shares with his long-time friend.

Sarah and John have been dating since 2015 after meeting when John bought the Potts Point building where she ran a restaurant.

She recently moved out of her Leichhardt flat, in Sydney’s inner west, and into John’s Dover Heights clifftop mansion in the city’s east.

So happy: Sarah couldn’t stop smiling as she strolled through the streets of Double Bay  

Warm: She rugged up in a black furry coat teamed with black leggings and sneakers  

Sarah launched Crane Bar in May 2013, which is known for its Japanese fusion food, cocktails and music.

Last year, she was devastated by the realisation her business would not recover from the pandemic shutdown, which hit Australia’s hospitality sector hard.

‘Sarah’s a bit heartbroken,’ a friend told Daily Mail Australia at the time.

‘She’s disheartened at the moment.’

John is often spotted spending time with radio host Kyle Sandilands, who regularly speaks highly of their friendship on The Kyle and Jackie O Show.

Play date: Sarah met up with a friend and fellow mother