The mission aims to shed light on the origins of the solar system 4.5 billion years ago, from its "rough and tumble environment of the main asteroid belt between Mars and Jupiter," said mission director Marc Rayman of Nasa's Jet Propulsion Laboratory (JPL).
Already scientists are intrigued by the appearance of two bright spots on Ceres.
"What are they? At this point, the clearest answer is that the answer is unknown," Rayman wrote on his blog.
The dwarf planet, which has an average diameter of 590 miles (950 kilometres), makes a full rotation every nine hours, and Nasa is hoping for a wealth of data once the spacecraft's orbit begins.
"Our team is ready and eager to find out what Ceres has in store for us."
Experts will be looking for signs of geologic activity, via changes in these bright spots, or other features on Ceres' surface over time.
The latest images came from Dawn when it was 25,000 miles (40,000 kilometres) away on February 25.
The celestial body was first spotted by Sicilian astronomer Father Giuseppe Piazzi in 1801.
"Ceres was initially classified as a planet and later called an asteroid. In recognition of its planet-like qualities, Ceres was designated a dwarf planet in 2006, along with Pluto and Eris," Nasa said.
Ceres is named after the Roman goddess of agriculture and harvests.
The spacecraft on its way to circle it was launched in September 2007.
First, Dawn explored the giant asteroid Vesta for 14 months in 2011 and 2012, then made its way toward Ceres.
"This two-stop tour of our solar system is made possible by Dawn's ion propulsion system, its three ion engines being much more efficient than chemical propulsion," Nasa said.
The exploration of Vesta and Ceres helps scientists understand how objects form in space.
"Both Vesta and Ceres were on their way to becoming planets, but their development was interrupted by the gravity of Jupiter," said Carol Raymond, deputy project scientist at JPL.
"These two bodies are like fossils from the dawn of the solar system, and they shed light on its origins."
Jim Green, director of Nasa's Planetary Science Division, said he hopes Dawn will "contribute significant breakthroughs in our understanding of how the solar system formed."
Nasa has partnered with the German Aerospace Center, Max Planck Institute for Solar System Research, Italian Space Agency and Italian National Astrophysical Institute on the mission.
Next year, the US space agency plans to launch its Origins-Spectral Interpretation-Resource Identification-Security-Regolith Explorer (OSIRIS-REx) spacecraft, to "study a large asteroid in unprecedented detail and return samples to Earth," Nasa said.