/Applications/Xcode.app/Contents/Developer/Platforms/iPhoneSimulator.platform/Developer/SDKs/iPhoneSimulator.sdk/usr/lib/dyld_sim is not owned by root
I used this command on terminal:
sudo chown root /Applications/Xcode.app/Contents/Developer/Platforms/iPhoneSimulator.platform/Developer/SDKs/iPhoneSimulator.sdk/usr/lib/dyld_sim
This command change the ownership of the file dyld_sim to the root.
I have same problem after little research i found the solution,
type following command in terminal:
sudo xcode-select -switch /Applications/Xcode.app/Contents/Developer
Enjoy two versions for Xcode Happy Programming :)
Tap on quit and restart the Xcode again and it will open fine. Just had exact same problem and on restart, Xcode opened and worked fine.