Darkdelusion It can be written in any style or setting, that's not the problem. The problem is the acceptance by the audience. If you can write it well enough to make it seem legit, at least to an extent, then the story will be a success.
I have read only a handful of Yuri novels, but the one which stuck in my mind is 'We Are Okay' by Nina LaCour. I liked it because I read it without expectations, and it took me by surprise. It gives you the feels, by connecting to us at many emotional levels.
So, in a similar way, you can write Yuri in a way that strongly connects to people. Though they may not like girl-girl relationships, they will still root the characters and that's what we writers want. So, don't worry about the world they live in, but worry about the lives they want to lead, if you get what I mean. To put it in a different way, make your novel more of a character-driven one, and not a plot-driven one. 'My Disciple Teases Me Everyday' is a plot-driven one, with a decent tinge of character elements of its two main characters. It's not the best way to write a Yuri, but it's not a bad way either.
Hope it helped.
If you ever decide to write a Yuri, then send me a link. I'll be sure to read it.