Unrelated: what is "habibi"? To me (and I know nothing), it always sounded like a pejorative term for franco-arabs but I never bothered to validate
It just means "my beloved"/"my dear".
it means “my love” but sometimes we also use it like how american southerners say “bless your heart” or africans say “my brother in christ”, so that might why you have a negative connotation of it
It means “my love” in Arabic but you can also use it with friends