It looks like THIS could be Meghan Markle's wedding dress

Meghan Markle will wear a £100,000 (NZ$192,800) wedding dress by Ralph & Russo.

The 36-year-old actress is set to walk down the aisle in a gown by the same designer she wore for her engagement photo shoot and the hand-stitched, heavily beaded dress will be the first of two outfits worn by Meghan for her nuptials to Prince Harry on May 19.

The gown is set to be paid for privately by Prince Harry and his family.

A source told the Daily Mail newspaper: "It sounds a lot but this is the wedding of the year and hundreds of hours of manpower have gone into making it, almost all by hand."

It is suspected that Meghan Markle could wear a wedding dress similar to this Ralph & Russo gown. Photo / Getty

Burberry or Erdem have been tipped to create her second dress, which Meghan will wear to the evening reception thrown by Prince Charles at Frogmore House in the grounds of Windsor Great Park.

Meanwhile, Meghan's close friend Priyanka Chopra says the upcoming wedding to is a "life-changing thing for the world", she also hinted that Meghan cried when she first saw her wedding dress.

The Quantico actress has been friends with the former Suits star for some time and is excited for her wedding to the British royal because she believes it is a "fairytale for our generation".

Speaking on Barstool Sports' Sirius radio show Chicks in the Office, she said: "It's a fairy tale for our generation. I think it will be really fun, I’m really happy for Meg, Meghan.

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"And I just feel like it's gonna be such a life-changing thing not just for them, but for the world and for young girls out there because she is one of us, right? She’s that girl. She loves grocery shopping.

"She has always been someone who cares about the world that I think she will fit so well into this new role that she is going to get into to. I’m just really happy for her."

And Priyanka is excited about her friend's wedding dress, calling her style "relatable".

She said: "She’s doing it so cool like she has her own perspective the way she dresses... she’s such a little fashionista, but at the same time she keeps it really real, which I really like about her style, it’s very relatable."

- Bang! Showbiz