Is my idea a good solution for peace in the middle east ?

The Golan Heights and East Jerusalem were taken over by Israel in a war it started. Why do you think it's reasonable to permit any country to acquire territory by conquest? Furthermore, why do you think it's reasonable to permit a country to expel people or deny them the right to live in their land of origin, as Israel has always done? Your "solution" is basically approval of "might makes right" i.e. if someone has better guns they can come to your land and take away your home and property, order you out on the basis that your religious beliefs are different, or just any reason they want.