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Diamond Engagement Rings Under $5,000

Our diamond engagement rings under $5,000 offer a selection that combines quality and value, ensuring you don't have to sacrifice elegance for price. Each ring, chosen for its beauty and sparkle, provides a variety of styles that symbolize your commitment. Whether you prefer a simple design or something more elaborate, you'll find a piece that resonates with your love story and financial preferences. The DX diamond engagement ring collection is inspired by the finest jewellery design houses in the world and created for the Australian market. Each engagement ring is handcrafted to the highest possible standards to fit your specific diamond in your metal choice and finger size. With over 350 designs to choose from or the option to create your own, your dream ring awaits. Let DX transform your vision into a stunning reality.

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1300 929 888 DX Melbourne DX Sydney
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Style
Stone Shape
Metal
Gold band ring with an emerald-cut diamond solitaire set in four prongs against a white background.
A gold ring with a thin band and a large, rectangular clear gemstone in a raised silver prong setting.
18ct Yellow Gold - Emerald - Solitaire

Eden

from $2,344
from $1,759
A round solitaire diamond ring with a thin, polished white gold band and four-prong setting.
A solitaire diamond ring with a thin silver band and a round, prong-set diamond in a simple setting.
Platinum - Round - Solitaire

Edith

from $2,484
from $1,864
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18ct Yellow Gold - Marquise - Solitaire

Lucy

from $2,592
from $1,945
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Platinum - Round - Accent

Amelia

from $3,947
from $2,961
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18ct White Gold - Oval - Accent

Maddison

from $3,192
from $2,394
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18ct Yellow Gold - Round - Accent

Ivy

from $3,643
from $2,733
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18ct Yellow Gold - Marquise - Accent

Maya

from $3,050
from $2,288
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18ct White Gold - Cushion - Halo

Colette

from $4,027
from $3,020
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18ct Yellow Gold - Round - Solitaire

Nancy

from $2,538
from $1,904
A solitaire diamond ring with an oval-cut diamond set on a simple, polished white gold band.
A white gold solitaire ring with a round-cut diamond set in a classic prong setting, viewed from the side.
18ct White Gold - Oval - Solitaire

Alexandra

from $2,468
from $1,851
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18ct Yellow Gold - Oval - Solitaire

Lucy

from $2,622
from $1,967
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18ct Yellow Gold - Round - Solitaire

Lucy

from $2,612
from $1,960
A silver band ring with a single oval-shaped diamond set in a four-prong solitaire setting.
A solitaire diamond engagement ring with a slim, polished band and a raised, prong-set round diamond.
Platinum - Oval - Solitaire

Edith

from $2,494
from $1,871
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18ct Yellow Gold - Oval - Accent

Maya

from $3,080
from $2,310
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18ct Yellow Gold - Round - Halo

Georgina

from $3,125
from $2,344
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18ct White Gold - Pear - Halo

Colette

from $3,687
from $2,765
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Platinum - Pear - Accent

Maya

from $2,918
from $2,189
A silver ring with a large oval-cut clear diamond set in a simple, polished band.
A silver solitaire ring with a round diamond and small accent stones on the setting, shown on a white background.
Platinum - Oval - Solitaire

Elaine

from $2,571
from $1,928
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Platinum - Pear - Halo

Sadie

from $4,340
from $3,255
A gold band ring with a cushion-cut diamond solitaire set in a four-prong white gold or platinum setting.
A gold band engagement ring with a round, prong-set diamond solitaire on a white background.
18ct Yellow Gold - Cushion - Solitaire

Elaine

from $2,837
from $2,128
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Platinum - Marquise - Accent

Maya

from $2,988
from $2,242
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18ct Yellow Gold - Radiant - Accent

Millie

from $3,149
from $2,362
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18ct Yellow Gold - Oval - Trilogy

Alice

from $3,050
from $2,288
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18ct Rose Gold - Round - Accent

Ivy

from $3,643
from $2,733
Platinum ring with a large, heart-shaped diamond solitaire on a simple polished band, shown on a white background.
A silver solitaire ring with a round, prong-set diamond displayed on a plain, polished band.
18ct White Gold - Heart - Solitaire

Isabel

from $2,802
from $2,102
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Platinum - Oval - Accent

Bethany

from $3,719
from $2,789
A silver ring with a large round diamond in a six-prong solitaire setting on a plain band.
A solitaire diamond engagement ring with a thin, plain silver band and a prong setting, viewed from the side.
Platinum - Round - Solitaire

Alexandra

from $2,409
from $1,807
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18ct Yellow Gold - Round - Solitaire

Lucy

from $2,612
from $1,960
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Platinum - Round - Accent

Vanessa

from $2,879
from $2,160
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18ct Yellow Gold - Radiant - Accent

Katerina

from $3,464
from $2,599
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18ct Yellow Gold - Cushion - Accent

Zinnia

from $3,482
from $2,612
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18ct White Gold - Round - Solitaire

Anastasia

from $2,639
from $1,980
Gold band ring with a large emerald-cut diamond set in a geometric bezel setting, on a white background.
Gold ring with a thin band and a horizontally-set oval diamond in a white metal bezel setting, side view.
18ct Yellow Gold - Emerald - Solitaire

Isla

from $2,366
from $1,775
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18ct White Gold - Oval - Solitaire

Lucy

from $2,622
from $1,967
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18ct White Gold - Round - Accent

Freya

from $3,154
from $2,366
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Platinum - Round - Solitaire

Lucy

from $2,525
from $1,894