That notion sounds the same as Nazi' Lebensraum. NOBODY deserve anything out of their own necessity. Being small is not an excuse for agression. Israel only has the right within the UN partitioned boundary, or else everyone has the equal right for land that they desire.
In its present form, Israel is not only a constant threat to regional security, but also a vicious source of state led criminality defying the most basic of modern norms and human decency.
The United Nations made an awful mistake in enabling the emergence of Israel as a sovereign entity: an error that will have to be corrected if Israel's neighbors wish to live in peace and with dignity.
However, none of that will be achievable until Israel is forced to denuclearize, as South Africa was more than three decades ago.
Unfortunately, in today's global political environment, the sole plausible scenario in which Israel would face significant international pressure to surrender its nuclear weapons would be after
nuking a non-nuclear neighbor like Iran.