The invention discloses an island air water extracting device and a water extracting method thereof. The island air water extracting device comprises a concentrated solution air water extracting system, a solar thermal collector, a diluted solution dehydrating system, a heat pump system, a solution heating system and a water purifying system; island wet air is introduced into the concentrated solution air water extracting system to perform heat and mass exchange to obtain a diluted solution and relatively low-temperature dry air, wherein the air serves as indoor fresh air; the diluted solution is delivered into the solar thermal collector for heating and then is delivered into the diluted solution dehydrating system; after the diluted solution is delivered into the solution heating system and is heated by the diluted solution dehydrating system, the diluted solution evaporates to form water vapour, and the water vapour is delivered into the water purifying system; the water purifying system cools the water vapour, and the water vapour is purified, filtered and stored; meanwhile, the heated island wet air is introduced into the diluted solution dehydrating system by the heat pump system, so that the heat of the wet air is recycled, and the moisture in the wet air is extracted. According to the island air water extracting device and the water extracting method thereof, the air which is produced in a water extracting process is directly taken as the indoor fresh air, so that the air is utilized reasonably.