The most common and most likely answer to this crossword clue is the 6 letter word CANAAN
I've seen this crossword clue in The Guardian
C
A
N
A
A
N
Buddy explains!
The straight part
We know that "Land that’s promised /Land that’s promised" is the straight/definition part of the clue. The straight part is often a synonym or definition, in this case land that’s promised /land that’s promised = canaan.The cryptic/wordplay part
In cryptic crossword there's often an wordplay/cryptic part as well.This part involves a more complex hint, such as an anagram, homophone, hidden word, etc.
Sadly, We don't have an explanation for this specific crossword clue yet.