Xcode 26.1 Simulator download fails with DVTDownloadableErrorDomain code 41 and code 49 on macOS 26.1

I'm trying to download an iOS Simulator runtime in Xcode 26.2 or 26.1 on macOS 26.1, but the download keeps failing with the following error: Download failed.

Domain: DVTDownloadableErrorDomain
Code: 41
Failed fetching catalog for assetType (com.apple.MobileAsset.iOSSimulatorRuntime), serverParameters ({ RequestedBuild = 23C54;}) Domain: DVTDownloadsUtilitiesErrorDomain.
Code: -1.
Download failed due to a bad URL. (Catalog download for com.apple.MobileAsset.iOSSimulatorRuntime) Domain: com.apple.MobileAssetError.Download Code: 49 User Info: {checkConfiguration = 1;}

macOS & Xcode Info:

macOS Version: 26.1 (Build 25B78)

Xcode Version: 26.2 (24553) (Build 17C52)

What I've tried so far:

1. Formatted my Mac and reinstalled Xcode multiple times.

2. Completely deleted Xcode and its related files several times (/Applications/Xcode.app, caches, preferences).

3. Tried different internet connections from multiple locations.

4. Checked Apple servers and verified network.

5. Attempted downloading other simulator runtimes (fail).

but download fails immediately with DVTDownloadableErrorDomain Code 41 and bad URL error.

Question:

How can I fix the simulator download issue in Xcode 26.2 on macOS 26.1? Is there a known workaround for the bad URL / catalog download error?