Abbey, who is married to England footballer Peter Crouch, has apparently signed a contract with show bosses worth a cool £35,000 and is due to appear this autumn.
A source told The Mirror: "Abbey is really excited to be appearing on Strictly.
"All her family and friends watch it and Peter is being very supportive – he can't wait to see Abbey in her slinky, sparkly costumes."
Abbey married Peter in June 2011, three months after their daughter Sophia was born.
The couple began dating in 2006, the same year that Abbey rose to fame on Britain's Next Top Model. She finished in second place and has since gone on to forge a successful career as a model.
Abbey, 27, has also regularly presented segments on ITV1's This Morning and co-hosted the TV show Great British Hairdresser in 2011.
Given her long limbs and slender frame, she's bound to do well if the Strictly rumours are true!