Gigi Hadid and Zayn Malik are dating?

New couple alert! Gigi Hadid and Zayn Malik are officially an item.

The stunning 20-year-old model and the former One Direction bandmate were spotting hitting up their frequent hot spot The Nice Guy in West Hollywood, California on Saturday, and this time they were holding hands, according to TMZ.

Malik, who rocked a black, long-sleeve V-neck shirt, and Hadid -- who showed off her toned figure in a black midriff bearing outfit-- reportedly left the restaurant together at 2:30 a.m. with their fingers interlocked.

WATCH: Gigi Hadid and Zayn Malik Spark Dating Rumors, Leave Hollywood Hotspot Together

The dinner date marks the third time in a week that Malik and Hadid were seen dining at the popular eatery.

The two first sparked dating rumors when they were seen at the restaurant on Sunday, Nov. 22, after the American Music Awards -- where Hadid was a presenter, and Malik's former bandmates walked away with several of the night's top honors.

The 22-year-old singer and the recent Victoria's Secret Fashion Show runway model were spotted there again on Tuesday, adding fuel to speculation that they were dating.

WATCH: Gigi Hadid and Zayn Malik Spotted Out Again: 'They're Just Having Fun,' Source Says

It "seems like a budding romance," an eyewitness shared ET on Tuesday.

Last week, a source told ET that Hadid and Malik " recently just met and they’re just having fun." It appears their relationship has developed.

Both stars have gone through breakups this year as well. Hadid recently called it quits with and singer Joe Jonas after several months of dating. Their split was reportedly amicable.

WATCH: Gigi Hadid Debuts a Short Bob and Flaunts Major Cleavage at the AMAs!

Hadid showed off her new, super-cute, short post-breakup haircut on the red carpet at the AMAs, where she also showed quite a bit of skin in a revealing white gown.

Meanwhile, Malik called off his two-year engagement with Lil Mix singer Perrie Edwards, 22, in August, just months after quitting One Direction and deciding to pursue a solo career.