Pics of the doll - which features a penis and dress - have gone viral after being spotted in Planeta Igrushek (Planet Of Toys) shop in the city of Novosibirsk, Siberia.
The images, posted online, show a doll with long blonde hair and female facial features.
And underneath a red and yellow polka dot dress, there appears to be male genitalia.
The doll is the first of its kind spotted in Russia - and thought to be among the first child transgender dolls in the world.
A transgender doll divided opinion in Argentina when it went on sale at Toys R Us in 2018, while in 2019 toy company Mattel announced a gender-neutral Barbie doll.
The images attracted opinion on social media, with one writing: "Is it ok to produce toys like that for children?"
Another said: "All they have to do is buy a medical tool kit and the kid can learn how to amputate."
But some people were unimpressed by the forward-thinking toy.
One user wrote: "I think it is really terrible what is going on in this child's parent's head.