"I do see a long-term ownership position, and I see it bringing great stability to that part of the Middle East, and maybe the entire Middle East," Trump said.

Asked if U.S. troops would be deployed to take over Gaza, Trump said that "we'll do what's necessary. ... We'll take it over and develop it."

Netanyahu said that he was open to the idea.

"He sees a different future for that piece of land," Netanyahu said of Trump's proposal for the United States to take over Gaza.

"It's worth paying attention to this. We're talking about it," he added. "It's something that could change history."