The couple had held out on naming the child for two weeks before announcing that they had decided to name her Bunny.
However, the pair have changed their mind and named the baby girl Princess Tiaamii, according to OK!.
Jordan said: "Her name is Princess Tiaamii. Princess, because she is our princess and Tiaamii was Pete's idea because it's taken from our mum's names.
"We've put an accent over the first 'a' to make it a bit more exotic and two i's at the end just to make it look a bit different. We love it because it's unique, plus it means something special to us.
"I'm going to get a tattoo on the back of my neck with a crown and 'Princess' underneath."
Andre said that the name was his idea. "Katie always loved the name Princess but everyone thought it was a bit over the top. I loved it too but I wanted to name her after both our mums and then I just woke up one morning and thought: 'I know! We'll just put them together!'
"If people don't like it, that's up to them."