Carthage update failure saying "Could not find any available simulators for iOS" - Xcode 10.1, macOS Mojave (10.14.2)

I am trying to install Realm to my project using Carthage. It used to work before but after switching to new MacBook Pro (15-inch, 2018, TouchBar) I am getting the following error,

carthage update --no-use-binaries --platform iOS
*** Fetching realm-cocoa
*** Checking out realm-cocoa at "v3.13.0"
*** xcodebuild output can be found in /var/folders/m4/1z0tvn6d67q2rqwcjvndy80m0000gn/T/carthage-xcodebuild.2vfx4v.log
*** Building scheme "Realm" in Realm.xcworkspace
Could not find any available simulators for iOS

I have tried uninstalling & reinstalling Carthage (0.31.2) and followed the steps given in these answers,

Stack Overflow Question

Carthage Git Issue

Carthage Fix and Release

Looks like this issue still exists. Is there a way I could fix this to work on latest Xcode version?

from Carthage update failure saying "Could not find any available simulators for iOS" - Xcode 10.1, macOS Mojave (10.14.2)