Gigi Hadid had all eyes on her as she walked the red carpet at the Vanity Fair Oscar Party held at the Wallis Annenberg Center in Beverly Hills on Sunday.
The runway phenom, 27, sizzled in a figure-hugging off-the-shoulder pleated dress, which showed off her dramatic model figure.
The outing comes after she recently reignited rumors of a romance with Leonardo DiCaprio, when she was spotted emerging from a pre-Oscars party in Los Angeles earlier Friday night, where The Wolf of Wall Street actor, 48, was also in attendance.
The blonde beauty teamed the eye-catching ensemble with matching red pointy-toe heels and accessorized with a silver necklace and rings.
Gigi wore her long platinum blonde tresses parted to the side and falling in voluminous curls.
Vanity Fair’s Oscar Party – which celebrates Hollywood’s biggest night and is considered one of the most exclusive post-Oscar parties – is hosted by Vanity Fair Editor-in-Chief Radhika Jones.
The Vogue cover girl went for soft glamor for the evening, wearing a touch of blush and nude lipstick to her pout.
Gigi opted for a French tip acrylic manicure to go with her amazing outfit.
Other celebrities at the party included Jennifer Coolidge, Olivia Wilde, Naomi Watts, Sarah Paulson, Jon Hamm and fiancée Anna Osceola, Kyra Sedgwick and Kevin Bacon, among others.
Gigi appeared to be in high spirits after recently attending the same party as Leo, where the two stars “were together most of the night” while trying to “keep it low key” according to People.
“Leo and Gigi have been hiding in a tent area trying to keep a low profile,” the insider said. “There was no PDA, but they stayed together most of the night and barely moved from their seats,” a source told the publication.
A separate source also shared that “the two were part of a group of over a dozen people in the VIP section hanging out.”
The model was spotted last month reuniting with the Oscar winner in Milan after their romance ‘died out’.
The pair reunited shortly after a source told People the Guest In Residence founder “hasn’t seen him in a while.” She just decided she was done with him.
“They are at very different places in life. She prioritizes being a mum,’ the insider continued at the time, further adding, ‘It was never that bad anyway. It just fizzled out.
That same month, another source opened up to Us Weekly and said, “Gigi and Leo are no longer dating. Things just organically reduced between them.
The insider further explained the reasoning behind not seeing each other and explained, “Leo and Gigi were at different times in their lives, and it just didn’t work out between the two of them.”
A second source also told the entertainment outlet that the two stars were never “serious” and had different priorities. “They both have incredibly busy careers and lives, and while they tried to make time for each other, it really wasn’t enough to make things work.”
The insider said Gigi thought the Titanic alum was an “amazing guy” but their timing “just couldn’t line up.”
The model and actor were first linked last year in September 2022 after they were seen spending some quality time together during New York Fashion Week.
The beauty has focused not only on her career in the fashion industry, but also on raising her two-year-old daughter, Khai, whom she shares with her ex, 30-year-old Zayn Malik.
The model dated the former One Direction member since 2015, until their official split in October 2021 after an alleged altercation took place between the singer and Gigi’s mother, Yolanda Hadid.