You can avoid both the update to Xcode 8.3 (which works only with macOS Sierra) and the Dropbox download from a random link on GitHub, as suggested in other answers. To work with iOS 10.3 in Xcode 8.2.1, follow these steps:
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Exit Xcode 8.2.1
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Download
Xcode8.3.3.xipfrom Apple (https://developer.apple.com/services-account/download?path=/Developer_Tools/Xcode_8.3.3/Xcode8.3.3.xip) (requires sign-in) -
Unzip
~/Downloads/Xcode8.3.3.xip(in Finder, double-click) -
Copy folder
10.3.1 (14E8301)from~/Downloads/Xcode.app/Contents/Developer/Platforms/iPhoneOS.platform/DeviceSupportto/Applications/Xcode.app/Contents/Developer/Platforms/iPhoneOS.platform/DeviceSupport(in Finder, right click onXcode.appand ‘Show Package Contents’) -
Remove
~/Downloads/Xcode8.3.3.xipand~/Downloads/Xcode.app -
Start Xcode 8.2.1. Done.