The invention discloses a novel ultra-low-loss microwave dielectric ceramic material and a preparation method thereof and belongs to the technical field of electronic information functional materials and devices. The general chemical formula of the ceramic material is Li(2+a)(Mg(1-b)Xb)3YO6.cZ, wherein X refers to Ca<2+> or Sr<2+>, Y refers to Ti<4+>, Sn<4+> or Zr<4+>, Z refers to one of MgO, ZnO and CaF2 or a combination of MgO, ZnO and CaF2, a is larger than or equal to 0.03 and smaller than or equal to 0.15, b is larger than or equal to 0.01 and smaller than or equal to 0.04, and c is larger than or equal to 0 and smaller than or equal to 0.15. Raw materials of the microwave dielectric ceramic material are prepared as per the general chemical formula, subjected to ball-milling mixing for the first time, pre-sintered at 980-1,200 DEG C, then subjected to ball-milling mixing for the second time and sintered at 1,250-1,400, and the material is prepared; the crystalline phase of a finished product is a cubic phase adopting an ordered rock salt structure. The performance of the microwave dielectric ceramic material is greatly improved, the relative dielectric constant epsilonr of the microwave dielectric ceramic material is adjustable in a range of 8-20, the quality factor Q*f value is in a range of 92,000-153,000 GHz, meanwhile, the temperature coefficient tauf of resonance frequency ranges from -23 ppm/DEG C to 5 ppm/DEG C, and the material has the stable performance and can meet the application requirements of modern microwave devices.