"We don't have (wedding) plans yet -- but it hasn't (already) happened, that I can confirm," Milian told Usmagazine.com. "We just want to have our closest friends and family there; it's not going to be too big."
The-Dream, who was born Terius Hagert Youngdell Nash, reportedly gave Milian a six-carat diamond engagement ring when he proposed.
It is unclear when exactly they got engaged or how long they have been dating.
The couple is currently working on Milian's upcoming album "Elope."
2014: The Year in Music [PHOTOS]