Tyrese buys his 8-year-old daughter an island for Christmas. Your move, Santa!

Tyrese Reveals Biggest Splurge Ever: 'I Just Bought My Daughter an Island!'

While a handful of male celebrities showered their loved ones with fancy Ferraris, diamond-encrusted jewels, thousands of roses and luxurious dresses this year, Tyrese Gibson's gift is no doubt the most over-the-top of them all.

ET caught up with The Fast and the Furious actor and R&B singer on Thursday at GQ's Men of the Year party held at the swanky Chateau Marmont in Los Angeles, where he revealed he just purchased an island for his 8-year-old daughter, Shayla. Yes, an island.

WATCH: Tyrese Gibson's adorable daughter says she's running for president!

"What's the most lavish or over-the-top gift you've given or received," ET asked Tyrese.

"Well, I just bought my daughter an island," he said.

"Can't say [where]," he continued. "She knows all about it and the island is called Love Island. I'll be putting it up on my Facebook soon."

Lucky girl!

This may be Shayla's best holiday gift ever, but it's not the first time she's felt like a glamorous celebrity. Late last month, she walked the red carpet at the American Music Awards with her dad, posing and waving like a natural.

WATCH: 8 reasons why Tyrese Gibson is the absolute best

Donning a beautiful gold and black frock, bright lips and her hair pulled back in a perfectly styled ballerina bun, the little diva was sassy and adorable in her interview with ET.

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Tyrese buys his 8-year-old daughter an island for Christmas. Your move, Santa!
LOS ANGELES, CA - NOVEMBER 22: Shayla Somer Gibson, Nicki Minaj and Tyrese Gibson attend the 2015 American Music Awards at Microsoft Theater on November 22, 2015 in Los Angeles, California. (Photo by Kevin Mazur/AMA2015/WireImage)

"Tell me about your dress, it is so beautiful. Did you pick that out?" ET's Kevin Frazier asked, to which Shayla replied, "Yeah, for Halloween, I was Beyonce, so I had the dress left over."

"Hi, Beyonce!" she said into the camera.

Watch the video below to hear more.

Tyrese's Adorable Daughter Is a Mogul in the Making, Has Her Sights Set on Being POTUS

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