The invention discloses a non-cured rubber asphalt waterproof paint. The preparation technology of the paint comprises the following steps: heating the asphalt to 140 DEG C, loading the heated asphalt into a stirring tank, adding a softening agent, rubber powder, and polymer, stirring for 30 minutes, heating to 160 DEG C, delivering the mixture to a colloid mill to grind the two edges, heating to 190 DEG C, adding a special additive, stirring for one hour, cooling to 160 to 170 DEG C, adding an auxiliary agent, stirring for one hour, adding a filling material, stirring for one hour, and finally discharging. The paint solves the problems of waterproof layer fracture due to the cracking stress, which is transferred from the basic layer to the waterproof layer, and the accelerated aging due to the flexural fatigue and high stress state of the waterproof layer. Moreover, because of the cohesiveness of the paint, the capillary pores and cracks in the basic layer can be perfectly sealed by the paint, thus the problem of water leaking in the waterproof layer is solved, and the waterproof reliability is greatly improved.