An accurate representation of the Indian Ocean Dipole (IOD) is crucial for the reliable projection of Indian summer monsoon rainfall, making it necessary to improve the understanding of the response of the IOD in the warming climate. For the first time, a high-resolution regional earth system model (RESM) over the CORDEX-SA domain is used to investigate the IOD characteristics. The model performance is evaluated in simulating the IOD and associated mechanism. RESM shows a good resemblance in simulating IOD phases (positive and negative). However, the systematic discrepancy is observed in magnitude. Additionally, RESM well represented the positive IOD's inter-event variability. For example, the stronger event dominated by significant cold anomalies over Sumatra with enhanced westward-extended while a moderate event shows weak cooling confined to the region of Sumatra. Additionally, RESM shows potential to distinguish the ENSO and non-ENSO years with more remarkable skill in representing the spatial pattern of SST over IOD region during non-ESNO years than ENSO years. The RESM realistically simulated the IOD amplitude with greater skill than CMIP5/6 models reported in the earlier studies, indicating reliability towards the projection of the Indian summer monsoon. The weaker IOD-ENSO relationship is caused by producing the more significant number of IOD during non-ENSO years. Despite this reliable fidelity, IOD's slightly earlier peak is driven by the early establishment of low-level equatorial easterly wind. This study provided valuable insight into the IOD's different phases, responsible forcings, and limitations of the RESM in accounting for the role of internal climate variability that can be useful for further improvement in the model physics.