Why do Jews Christians and Muslims consider Palestine to be the Holy Land?

It was the place of birth of many Prophets like Zachariah, John, Jesus, Jacob... and it was where Prophet Abraham, father of Isaac and Ishmael; ancestor of Arabs lived.. may peace be upon them all.
To it, Prophet Muhammad, peace be upon him, traveled during night, prayed in the Holy MAsjid then rose to heaven where he met the former messengers and reached to where the Throne is, in a jurney called: Al-Israa wal-Miiraj.