The invention discloses a double-yield-point buckling restrained brace. The brace comprises a body, the body comprises a core unit, an outer restraining unit, an unbonded sliding mechanism unit and connecting units at the two ends, the core unit comprises a staged yield composition plate, the staged yield composition plate comprises a first yield steel plate and a second yield steel plate, and the outer restraining unit comprises an outer steel pipe and filler. The unbonded sliding mechanism unit is arranged between the core unit and the filler, and the connecting units are fixedly connected to the outer sides of a first connecting section and a second connecting section of a connecting area. According to the buckling restrained brace with the two yield sections, the buckling restrained brace has two yield points through construction, yield energy consumption can be achieved under small earthquakes, along with increase of earthquake action and increase of structural deformation, when medium earthquakes or large earthquakes are reached, the second yield section enters a working state, and the requirement of structural anti-seismic performance design is well met.