I travel to Dubai occasionally for business - say two or three times a year.
I was told about the Cyclone. Supposed to be lots of activity, although I don't know specifically about transgendered and I never visited the place myself. I also heard it was closed for a while about a year ago
http://www.hangoverguide.com/out/barfinder...e&id=3550103256
and
http://www.worldsexguide.com/guide/Middle_...Emirates/Dubai/
Enjoy (and give feedbak ;-)