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Hooray for Ricky Martin!

While a guest on Ellen this week, the beloved singer shared two pieces of exciting news:

1. He will be having a residency in Las Vegas in 2017, joining such singers as Mariah Carey, Britney Spears and Jennifer Lopez by performing for a set number of dates in Sin City.

2. HE’S ENGAGED!

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After over a year of dating, Martin popped the vital question to boyfriend Jwan Yosef, admitting to Ellen DeGeneres on air that he was "nervous" when he proposed and that it took him a full half hour to realize Yosef answered in the affirmative.

“I proposed. I was really nervous, but I got on my knees and I took out the little metal box… I just had it in a little velvet pouch and instead of saying ‘Will you marry me?’ I said, ‘I got you something!’’

Martin admitted this was "bad" form, adding that he then told Yosef ‘I want to spend my life with you.’"

Eventually, Martin asked the actual question ("Will you marry me?") and Yosef said "yes" and now they can celebrate.

Martin also told Ellen that his eight-year-old twins get along great with his future husband.

"It’s been really special," he says.

Learn more about this special development below: