Error: The operation couldn’t be completed. Failed to locate any simulator runtime matching options

Hi everyone,

I am using Unreal Engine 5 and performing remote builds on a Mac. Everything was working fine for multiple versions, but suddenly one day I encountered the above error, even though I checked the Mac and confirmed that iPhoneSimulators are installed. I have also checked Xcode and it is the latest version.

Has anyone encountered this error before and can help me? How can I fix this issue or what folders should I check to determine the folder requirement for the iPhone simulator?

Thank you all.