Cannot start appium server and launch the application while using appium gui app

I’ve downloaded latest gui ver (1.5.3 Ara) but nothing really happens once I launch the service

Launching Appium with command: '/Applications/Appium 2.app/Contents/Resources/node/bin/node' appium/build/lib/main.js --address "127.0.0.1" --port "4725" --pre-launch --debug-log-spacing --log "/tmp/appium.log" --platform-version "9.3" --platform-name "iOS" --app "/Users/ie54553/Library/Developer/Xcode/DerivedData/CitiVelocity-bamwnmicbktvttdalizirvbwkvdr/Build/Products/Debug_AUTOMATION-iphonesimulator/CitiVelocity.app" --no-reset --device-name "iPhone 6s" --launch-timeout "30000" --native-instruments-lib

[Appium] Welcome to Appium v1.5.3

[Appium] Non-default server args:

[Appium]   address: '127.0.0.1'

[Appium]   port: 4725
[Appium]   launch: true
[Appium]   log: '/tmp/appium.log'
[Appium]   debugLogSpacing: true
[Appium]   platformName: 'iOS'
[Appium]   platformVersion: '9.3'
[Appium]   deviceName: 'iPhone 6s'
[Appium]   app: '/Users/ie54553/Library/Developer/Xcode/DerivedData/CitiVelocity-bamwnmicbktvttdalizirvbwkvdr/Build/Products/Debug_AUTOMATION-iphonesimulator/CitiVelocity.app'
[Appium]   launchTimeout: 30000
[Appium]   noReset: true
[Appium]   nativeInstrumentsLib: true
[Appium] Deprecated server args:
[Appium]   --platform-name => --default-capabilities '{"platformName":"iOS"}'
[Appium]   --platform-version => --default-capabilities '{"platformVersion":"9.3"}'
[Appium]   --device-name => --default-capabilities '{"deviceName":"iPhone 6s"}'
[Appium]   --app => --default-capabilities '{"app":"/Users/ie54553/Library/Developer/Xcode/DerivedData/CitiVelocity-bamwnmicbktvttdalizirvbwkvdr/Build/Products/Debug_AUTOMATION-iphonesimulator/CitiVelocity.app"}'
[Appium]   -lt,--launch-timeout => --default-capabilities '{"launchTimeout":30000}'
[Appium]   --no-reset => --default-capabilities '{"noReset":true}'
[Appium]   --native-instruments-lib => --default-capabilities '{"nativeInstrumentsLib":true}'
[Appium] Default capabilities, which will be added to each request unless overridden by desired capabilities:

[Appium]   platformName: 'iOS'

[Appium]   platformVersion: '9.3'
[Appium]   deviceName: 'iPhone 6s'

[Appium]   app: '/Users/ie54553/Library/Developer/Xcode/DerivedData/CitiVelocity-bamwnmicbktvttdalizirvbwkvdr/Build/Products/Debug_AUTOMATION-iphonesimulator/CitiVelocity.app'
[Appium]   launchTimeout: 30000
[Appium]   noReset: true
[Appium]   nativeInstrumentsLib: true

[Appium] Appium REST http interface listener started on 127.0.0.1:4725

[HTTP] --> GET /wd/hub/status {}

[MJSONWP] Calling AppiumDriver.getStatus() with args: []

[MJSONWP] Responding to client with driver.getStatus() result: {"build":{"version":"1.5.3"...

[HTTP] <-- GET /wd/hub/status 200 15 ms - 83 

Is it a familiar issue ?

is there any solution for this problem yet? i am also facing same thing for 1.5.3 GUI version.