The Bad Blood hitmaker, 33, dominated the award ceremony as she won in nine of the 11 categories she was nominated.
She put on a very leggy display in a blue denim corset mini dress, while boosting her height in silver platform heels.
Taylor accessorised with a matching handbag, while sporting her signature red lipstick for the event.
Meanwhile, Selena put on a busty display in a purple satin corset mini dress, teamed with black pointed heel.
Glamorous: Taylor Swift and Selena Gomez looked incredible as they arrived at The Ned NoMad MTV VMAs afterparty in New York City on Tuesday
Incredible: The Bad Blood hitmaker, 33, put on a very leggy display in a blue denim corset mini dress, while boosting her height in silver platform heels
Saweetie was seen almost spilling out of her blue corset mini dress as she arrived at the afterparty.
Taylor and Selena shared a number of cute friendship moments at the star-studded even, including a warm hug.
Both also cheered each other on from the crowd as they won awards – Gomez for Best Afrobeats Video for her ‘Calm Down’ collaboration with Rema, and Swift’s sweeping four wins for Anti-Hero.
Taylor won in nine of the 11 categories she was nominated – including Artist of the Year – at the annual event, which was held at the Prudential Center in Newark, New Jersey.
The singer-songwriter won Album of the Year for Midnights and Show of the Summer, in addition to taking home six awards for the video and track for Anti-Hero.
They included Video of the Year; Best Cinematography; Best Visual Effects; Best Direction, Best Pop; and Song of the Year.
Swift told the crowd as she accepted the award for Best Pop for Anti-Hero, ‘I love making pop music, I love making pop music videos, I also love making country.
‘I love slinking around different genres and the only reason I’m allowed to do that is because you, the fans, gave me the opportunity to do this.’
She added, ‘One big adventure and it’s all so much to challenge myself to make music that’s different than what I made last and I just love you for it. But I really love making pop music, so thank you so, so, so much.’
Eye-catching: Taylor accessorised with a matching handbag, while sporting her signature red lipstick for the event
Talented: The sibger-songwriter dominated the award ceremony as she won in nine of the 11 categories she was nominated
Stunning: Selena put on a busty display in a purple satin corset mini dress, teamed with black pointed heel
Stylish: Her raven tresses were styled poker straight and she accessorised with dainty gold jewellery
Home time: Selena wrapped up in a black leather coat as she left the fun afterparty
Winners: Rema & Selena Gomez collected the award for Best Afrobeats Winner for their track Calm Down
Sweet: Selena was seen posing for selfies with fans outside of the aftrrparty