Well Palestine belongs to the Palestinians and Muslims of course. And we do believe that when Jesus PBUH descends there will be a schism not between Jew/Christian/Muslim, rather one of good against evil, many Jews will indeed embrace him and those who don't he'll be a witness against them, unfortunately the majority of Jews are setting themselves up for the anti-Christ just reading their description for the one they're awaiting..
But what you're speaking of is otherwise without those 'signs of the end' unfolding will probably not come to pass.. Israel would never lift its morally decayed tentacles.