In this paper, we present a low complexity beamspace direction-of-arrival (DOA) estimation method for uniform circular array (UCA), which is based on the single measurement vectors (SMVs) via vectorization of sparse covariance matrix. In the proposed method, we rstly transform the signal model of UCA to that of virtual uniform linear array (ULA) in beamspace domain using the beamspace transformation (BT). Subsequently, by applying the vectorization operator on the virtual ULA-like array signal model, a new dimension-reduction array signal model consists of SMVs based on Khatri-Rao (KR) product is derived. And then, the DOA estimation is converted to the convex optimization problem. Finally, simulations are carried out to verify the eectiveness of the proposed method, the results show that without knowledge of the signal number, the proposed method not only has higher DOA resolution than subspace-based methods in low signal-to-noise ratio (SNR), but also has much lower computational complexity comparing other sparse-like DOA estimation methods.