Well, yes, I have to out myself as one who does way more code, than GUI design. I have done a few forms, but usually the caption is either constant (then I don't need to care), more likely at least i18n, and sometimes set at runtime. In the last case a preview would not gain any info.
I do see for the floating designer, that the caption helps finding the correct design form (if working on more than one). But in the docked version that issue does not exist, since the source edit tab identifies the unit, and the IDE only supports one per unit.
So, I did paint the above (my) picture to get some feedback.
But, in that case, a "fake form title bar" would be enough? It could show the icon, the caption, and even dummy buttons for min/max-imize, close.
It wouldn't be identical to the final result, as each OS/Desktop differs for that. (but I don't know how close an embedded form actually get to that, if the embedded form title-bar was shown).
You can hack your docked designer, by finding were it gets the border measurements, and adjusts the outer (holding) window's size and scroll offset.... (but mind that this will break the menu bar)
Btw, strange then that no one minds the window decorations shown around a TFrame in the floating designer. => they don't exist in the final product.

But, joke aside, should the docked designer be kept as it for TFrames? I.e. For TFrames no window decoration's should be visible?
I don't know who will eventually work on the issue. So I don't know what will be done.