Things have changed since the 1.7 update :).
The steps to follow now are –
1/ Create your project in Dapp
2/ Open up “Project Options” section in your project
3/ Tap on “Create Xcode Project” option.
4/ Select whether to send via email or Dropbox
5/ Open the zip file and double click your Xcode Project to open it 😀
Create Xcode project from Dapp with storyboards and all code and media.