Is Gigi Hadid engaged to Zayn Malik?

The Victoria’s Secret model sparked engagement rumors when she was spotted out in New York City yesterday wearing a gold ring on her wedding finger — just weeks after she turned down her boyfriend’s proposal after more than a year of dating.

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Gigi was photographed in a causal, off-duty model look and her outfit didn’t distract from the delicate band she wore on her left ring finger — which means she might have had a change of heart and accepted the former One Direction heartthrob’s proposal after all.

“Zayn recently asked Gigi to marry him,” an insider previously revealed to Life & Style last month. “She’s only 21 and doesn’t feel ready to tie the knot, so she turned him down.”

It’s understandable why Gigi is afraid to take such a big step forward in her relationship. Her mother, Real Housewives of Beverly Hills star Yolanda Foster, was married twice. The reality TV star wed real estate developer Mohamed Hadid in 1994 and the couple had Gigi, 20-year-old Bella Hadid and 17-year-old Anwar Hadid together before their 2000 split. Yolanda went on to marry Canadian musician David Foster in 2011, but David filed for divorce last year. Sources say that Yolanda’s messy divorces are why Gigi is hesitant to get married.

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“Gigi wants to make 100 percent sure Zayn's the one before she makes a lifetime commitment,” the insider said.

But Zayn seems like he’s ready to settle down. The 24-year-old was also previously engaged British pop star Perrie Edwards, but it was his close relationship with his ex-fiancé that caused a rift between him and Gigi early on in their relationship — which is what led to the couple’s brief split last June. But Gigi and Zayn quickly got back together and it seems like the couple is ready to take their relationship to the next level.