Aeolian sand widespread in the arid and semi-arid regions has been taken use as the cost-optimal subgrade filling materials. Under the drought climate, the performance of the compacted aeolian sand subgrade is largely dependent on its unsaturated strength. In this work, the shear strength with respect to the matric suction of unsaturated aeolian sand was investigated. A series of triaxial tests were conducted on the compacted specimens with different matric suctions. Results showed that the shear strength of specimen firstly increased with matric suction and then dropped off to a certain value. The maximum shear strength was reached at the matric suction of 40 kPa, which locates in the residual zone on the soil-water characteristic curve (SWCC) of the tested soil. Such phenomena were analysed from the perspective of capillary pore distribution, as well as the internal tri-phase (air-water-solid) structure that identified by microfocus X-ray computed tomography (µCT) technique. According to the capillary pore size distribution of the specimen, pores with radius smaller than 21 μm are theoretically saturated with water at suction of 10 kPa. The identified delimiting pore radius was found to be comparable to that of 25 μm as identified by µCT. On this basis, the role of water bridges in unsaturated aeolian sand and the pore size-level that govern the mechanical properties were discussed.