UPDATE (8/2/15, 3:07 a.m. ET): Dr. Dre has confirmed his new album Compton: A Soundtrack By Dr. Dre is scheduled to drop exclusively through Apple on August 7, not August 1 as previously announced by Ice Cube.

There is a new Dr. Dre album on the way.

Okay, let's be honest. It's hard to really get our hopes up when we hear that statement based on how often our Detox dreams were crushed over the years. But according to Ice Cube - who's been working extensively with Dr. Dre on N.W.A's biopic "Straight Outta Compton" - a new Andre Young LP could actually be a reality.

"Dre is dropping an album inspired by the 'Compton' movie," Cube told Power 99 when asked about new music on the Straight Outta Compton soundtrack. "He's dropping something on August 1."

So, what can we expect from this album, Cube?

"It's mega," he said. "It's Dr. Dre. It's what everybody's been waiting for. It's definitely a dope record, and he's dropping it all on the same day. It's crazy."

It's unclear whether the Dre LP Cube is referencing is actually the soundtrack to the motion picture. The actual flick isn't set to hit theaters until August 14. Often times movies and soundtracks are released on the same day. We saw that take place last week with "Southpaw."

But could this be similar to what Jay Z did with "American Gangster?" The MC did a project inspired by the film, but it wasn't actually the soundtrack. Perhaps we'll have to wait to find out, but August 1 will be epic if this goes down.

Earlier this month, "Straight Outta Compton" director F. Gary Grey spoke with MTV News about new music from the good Doctor.

“Dr. Dre, it took him 15 years to step out and say, 'I want to do music again’ in the way that he’s doing it. The soundtrack is insane. Seriously, it’s incredible,” Gray explained. “He went deep and you can hear some of his influences, with jazz and soul and a little bit of funk. And Kendrick Lamar is on, Eminem; a lot of great guest stars...But it’s really Dre and how he’s evolved and how he’s matured as not only a person, but as an artist. It’s deep and it’s great.”

If these are two separate albums, we're in for a huge two-part treat. But even if they're the same LP, it looks like it'll be a glorious start to August for music lovers. Let's just hope it isn't pushed back like Detox.