can't create new database in Dropbox folder

I didn’t know this was a feature, but I would guess it’s there as a protection measure. Storing databases on Dropbox is not supported due to the potential for data corruption. A search here will turn up many discussions of this over the years, one such post is Bill DeVille’s post at the top of this forum on backup strategies for DEVONthink databases.

Link to 11 Stupid Backup Strategies