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Victoria's Secret, Adriana Lima, Alessandra Ambrosio

Victoria's Secret/Instagram

Talk about a diamond duo!

Victoria's Secret has just revealed that two Fantasy Bras—to be worn by Angels Alessandra Ambrosio and Adriana Lima—will be floating down the runway during their famed fashion show in December. The Brazilian models, who are also close friends away from the catwalk, get to sport diamond intimates worth $2 million each. Crafted by Pascal Mouawad, the bras have diamonds, rubies and sapphires sewn together in an elaborate, belly-grazing design.

These pieces are more than just bras—the lingerie sets features handcrafted arm bands, shoulder coverings and a glittering, makeshift garter belt. Both pieces contain 16,000 perfect gems and together took over a whopping 1,380 hours to create.

The bras were revealed on Good Morning America on Monday, with Ambrosio and Lima on hand to unveil the intricate diamond creation.

"This year, it's really exciting because it's the first time that we're going to have two Fantasy Bras on the fashion show," Lima said on the morning show. "I'm honored to be here with Alessandra, doing the show, walking the runway together. I cannot wait."

And it's not this pair's first time at the rodeo: This is the third show that Lima has been chosen to wear the Fantasy Bra. Back in 2010, the model sported a $2 million Bombshell style featuring diamonds, topaz and sapphires. Her first showing in 2008 was a fallen angel-inspired (and $5 million-worth) creation. Ambrosio last wore the Fantasy Bra in 2012—a stunning $2.5 million floral design.

Victoria's Secret, Adriana Lima, Alessandra Ambrosio

Victoria's Secret

The Victoria's Secret Fantasy Bra model has been a coveted title since model Claudia Schiffer debuted a $1 million piece in 1996. Last year, supermodel Candice Swanepoel wore one of the brand's most luxe fantasy designs yet when she donned a $10 million, ruby-adorned confection. But that isn't Victoria's Secret most expensive diamond bra—Heidi Klum and Gisele Bündchen sported $12.5 million designs in 2001 and 2005, respectively.

For now, double-the-fun seems to be the way Victoria's Secret is upping the ante this year. In an interview with People, Lima and Ambrosio opened up about the excitement of being named a Fantasy Bra team.

"Due to our schedules, Adriana and I don't get to see each other much so I really enjoyed spending time together on set, chatting and catching up about our kids and mutual friends," Ambrosio told the magazine.

"Alessandra and I always have so much fun together," Lima added. "Underneath all of the hair and makeup, we're just two silly girls from Brazil who always make each other laugh!"

This year's Victoria's Secret Fashion Show will be held in London, which is a departure from previous years when the show was based in New York City. The runway presentation airs Dec. 9 on CBS.

PHOTOS: See sexy Victoria's Secret fantasy bras from past shows