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Rolene Strauss, Megan Young, Miss World

LEON NEAL/AFP/Getty Images

And the winner of the 2014 Miss World pageant is....Miss South Africa, Rolene Strauss!

The 22-year-old beauty queen was crowned onstage at the competition's grand final at the Excel London ICC Auditorium on Sunday. Strauss, the daughter of a doctor and nurse, is a fourth-year medical student.

Donning a high, blue and golden jeweled crown and pale pink, off-the-shoulder, romantic-style, cleavage-baring, ruffled evening gown, Strauss waved and smiled at the crowd.

Rolene Strauss, Miss World

LEON NEAL/AFP/Getty Images

Strauss was among 122 contestants who competed for the coveted title this year. During the ceremony, contestants wore colorful costumes representing their countries and territories and several also took part in a group performance of the hit ballad "You Raise Me Up," made famous by Josh Groban.

After she was crowned, the remaining contestants on stage danced to LMFAO's "Party Rock Anthem." Group member Sky Blu, who wore a fairytale prince-like outfit, performed solo.

"Miss World 2014. Put your hands up, ya'll!" he shouted. "Put those hands up! Oh yeah! We love girls all around the world. All around the world, we love girls. I love ya'll."

PHOTOS: Miss World contestants over the years—includes Halle Berry!

The two runners-up were:

2. Hungary: Edina Kulcsár, a former finalist of the 2009 Miss Plastic Hungary beauty pageant. The contest featured contestants who had plastic surgery and aimed to promote the benefits of cosmetic procedures.  

3. United States: Elizabeth Safrit, who represented North Carolina at the 2014 Miss United States pageant, has a BA in political science from the University of South Carolina and has been dancing since she was little.

The other contestants who made it to the top 10 were:

4. Australia: Courtney Thorpe, a marketing student

5. England: Carina Tyrrell, a med student at the prestigious University of Cambridge.

6. Guyana: Rafieya Husain, a business administration student

7. Brazil: Julia Gama, a chemical engineering student

8. Kenya: Idah Nguma, a marketing executive

9. Mexico: Daniela Álvarez Reyes, Miss Mundo Mexico

10. India: Koyal Rana, NGO and director of the Moksha Foundation

People's Choice winner: ThailandNonthawan Nonthawan Thongleng, a singer, TV host and model

The ceremony also featured a tribute to Indian actress Aishwarya Rai, Miss World 1994.

READ: 5 Things to know about Rolene Strauss, Miss World 2014

Strauss is the first Miss World titleholder from South Africa in 40 years and the first to win the competition in more than 55 years.

In 1974, Miss United Kingdom Helen Elizabeth Morgan from Wales won the pageant and had to relinquish her crown days after it was discovered that she has a child, which defied competition rules. Miss South Africa at the time, Anneline Kriel, later took her place. The first and last time a competitor from her and Strauss' country was crowned at the annual competition was in 1958, with winner Penelope Anne Coelen.