In the months before murdering his wife, Davies was working in logistics in Abu Dhabi.
During his trial, the court heard he became increasingly depressed and anxious living alone in a flat without windows.
He was worried about paying back the £30,000 bank loan and repair costs to their home.
Davies said he could not understand why he strangled Tracey. He said his mind was "broken".
"I have no idea what I was doing, I didn't understand what I was doing. I had no relation to my hands," he said.
"I knew it was wrong.
"There was no plan, no thought, I couldn't stop myself. I remember Tracey struggling and grabbing my arms."
After killing his wife, he took an overdose and stabbed himself in the throat and chest. The couple were later discovered by a family member and paramedics.
An inquest opening a provisional cause of death was recorded as pressure on the neck.
In a tribute, Tracey's family said she was an "extraordinary woman", and a "devoted mother" whose children were her "greatest pride".
They described her as a "a cherished sister, a loyal friend, and a radiant presence whose laughter could light up any room".
The family added "her legacy lives on in the love she gave and the lives she changed".

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