Rob Kardashian and Blac Chyna are quite the team!

A source tells ET that the engaged couple are "doing well" since the birth of their daughter, Dream. "All is good with their relationship right now," the source adds.

While they still have their separate homes, the two are "doing a great job at co-parenting and staying under one roof."

WATCH: Dream Kardashian Has Her Own Snapchat Filter -- See the Cute Cartoon Featuring Rob and Blac Chyna!

As for how Rob, 29, and Chyna, 28, decided on Dream for their baby girl's name, the source shares, "They just felt like it was their dream to have a baby together."

Even Dream’s grandmother, Kris Jenner, is a fan of the unique name. “Kris loves the name ‘Dream’ and is so happy to add another grandchild in her life,” the source gushes.

The newborn has really brought the couple's families and friends together. "Everyone who is close to Rob, including his family and best friends, really respect and love Chyna," the source adds. "They see how happy she makes Rob and are thankful that she got him to turn around. Rob has been a great father and really loves Chyna. He is loving with her, helps take care."

WATCH: Blac Chyna Already Working on Her Post-Baby Body Less Than a Week After Giving Birth to Dream

Prior to the birth of Dream, a source told ET that Chyna "became the person who kept the family in the loop."

"She knows that Rob sticks to himself at times," the source explained. "So she has taken on the role of making sure he stays close to the family."

^{Reporting by Jennifer Peros.}

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