A quick answer that comes to mind is "White Elephant". 

See Wikipedia [White Elephant][1]

> A white elephant is a possession which its owner cannot dispose of and
> whose cost, particularly that of maintenance, is out of proportion to
> its usefulness. In modern usage, it is an object, building project,
> scheme, business venture, facility, etc., considered expensive but
> without use or value.[1]

There is also a [party game][2] in which people set out to intentionally give each other white elephant gifts.

One might also consider 

> Poisoned Chalice

as suggested [here](https://forum.wordreference.com/threads/a-curse-in-disguise.1717550/), or from that same page:

>A curse in disguise

It's not standard or a set phrase, but it should be easily understood. 

  [1]: https://en.wikipedia.org/wiki/White_elephant
  [2]: https://en.wikipedia.org/wiki/White_elephant_gift_exchange