Listen Up, Monsters: Lady Gaga Is Getting A 2-Year Vegas Residency

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Lady Gaga in playing Las Vegas. She will allegedly receive $400,000 per performance for the run, which is set to launch in the fourth quarter of 2018 and last a year, with the possibility of an extension into 2019.

Gaga in a statement Tuesday says it has been her "life-long dream" to perform in Las Vegas.

The news comes after Gaga wrapped her very successful sold-out "Joanne World Tour" on Monday night in Los Angeles. Check out her announcement tweet below.

As far as how much Lady Gaga will get paid for this residency, the LVRJ says it's a lot less than the rumors that have been circulating online. But now the performer plans to make Sin City a more permanent base.

"The rumors are true I will have my own residency in Las Vegas at MGM's Park Theater", Gaga wrote on her Instagram.

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She also was spotted attending Lionel Ritchie's Las Vegas show at The AXIS at Planet Hollywood over the weekend.

The chanteuse herself revealed the good news on Twitter and stated that the show will be a brand new one, created specifically for Vegas, and that surely has Gaga fans already looking for unavailable tickets years in advance.

After the success of Britney Spear's Las Vegas residency, other artists followed suit with their own shows including Bruno Mars, Cher, Stevie Nicks, Jennifer Lopez and Mariah Carey. We have all been wowed by Lady Gaga's raw talent, but the passion, commitment and creativity she is prepared to bring to this engagement will truly be transformational...

Earlier this year, the 31-year-old singer was forced to postpone the European leg of her Joanne World Tour because of "severe physical pain" she had as a result of fibromyalgia.

She wrote: "Thank you @sakspotts for this dope jacket and @pollyplume for the lovely sparkly boots".